What does apec mean? Apec refers to the Asia-Pacific Economic Cooperation (APEC), the most influential official forum for economic cooperation in the Asia-Pacific region.

As of September 2013, APEC had 21 full members and three observers.

The first ministerial meeting of the Asia-Pacific Economic Cooperation Conference was held from November 5 to 7, 1989, marking the establishment of the Asia-Pacific Economic Cooperation Conference. In June 1993, it was renamed the Asia-Pacific Economic Cooperation.

In November 1991, China officially joined the APEC as a sovereign state, Chinese Taipei and Hong Kong (renamed "Hong Kong, China" on July 1, 1997). APEC has 21 members. The above is what Xiaobian introduced to everyone, what is the meaning of apec, the following describes the background and purpose of the establishment of apec.

Background

APEC was born in the era of the end of the global cold war. At the end of the 1980s, with the end of the Cold War, the international situation was gradually easing, and the trend of economic globalization, trade and investment liberalization, and regional grouping became a trend. At the same time, the proportion of the Asian region in the world economy has also increased significantly.

The organization played an irreplaceable role in promoting regional trade and investment liberalization and strengthening economic and technological cooperation among members. It is a forum for promoting economic growth, cooperation, trade and investment between regions in the Asia Pacific region.

purpose

The objectives of the Asia-Pacific Economic Cooperation are: to maintain economic growth and development; to promote interdependence among members of the economy; to strengthen the open multilateral trading system; to reduce regional trade and investment barriers, and to safeguard the common interests of the people of the region.

The APEC family spirit was presented in the 1993 Declaration of the Seattle Leaders' Informal Meeting. To create a stable and prosperous future for the people of the region, and to build a large family of the Asia-Pacific economy, in which to deepen the spirit of openness and partnership, contribute to the world economy and support an open international trading system. In the discussion surrounding the basic principles of economic cooperation in the Asia-Pacific region, the following seven words appeared frequently: they are: open, progressive, voluntary, negotiated, development, mutually beneficial and common interests, and are known as reflecting the spirit of APEC. Keywords.

issue

APEC mainly discusses issues related to global and regional economies, such as promoting the global multilateral trading system, implementing trade and investment liberalization and facilitation in the Asia-Pacific region, promoting financial stability and reform, and conducting economic and technological cooperation and capacity building. APEC has also begun to engage in other economic-related issues such as human security (including counter-terrorism, health and energy), anti-corruption, disaster preparedness and cultural cooperation.