—Promote regional economic integration with a multi-pronged approach. To accelerate regional economic integration is of great and practical significance to this region. APEC member economies are at different development stages and with diverse features. We should promote regional economic integration at different levels, in various scopes and through multiple channels. We should step up cooperation in economic restructuring, help member economies improve their business environment and reduce operational costs, and help business communities, small and medium-sized enterprises in particular, tide over difficulties. We should enhance connectivity in infrastructure and other areas among member economies, improve trade, telecommunication and transportation networks in the region and make the flow of trade, investment and personnel easier, faster, and safer. Early this month, China successfully hosted the APEC Port Services Network Conference on Port Development. Participants at the conference discussed ways to deepen cooperation among ports and related industries in the Asia-Pacific and strengthen the role of ports and the shipping industry in integrated transportation and the international supply chain, thus making a positive contribution to closer links in the region.

—Counter non-traditional security threats through coordination and cooperation. The growing global issues in recent years have had a major impact on economic and social development and people's life in our region. We should act in a spirit of global development partnership featuring equality, mutual benefit and win-win outcomes to safeguard global food security through stronger cooperation. We should establish and follow a new energy security concept featuring mutually beneficial cooperation, diverse development and common energy security through coordination to stabilize energy prices, improve energy mix, facilitate transfer of energy technologies and reduce energy poverty. We should step up coordination in the prevention and control of influenza A (H1N1), including cooperation in information exchange, early warning, crisis management and mutual assistance in disease prevention, to better safeguard people's well-being. We should continue to deepen cooperation in disaster prevention and reduction, sum up the best practices and successful experience in our cooperation, increase exchanges and mutual assistance and fight natural disasters together.

Dear colleagues,

This year marks the 20th anniversary of the establishment of APEC. Over the past 20 years, APEC has gradually put in place comprehensive, multi-tiered and wide-ranging cooperation mechanisms, pushed forward regional economic cooperation and raised people's awareness of the Asia-Pacific community. Bearing in mind the diversity in the Asia-Pacific region and different levels of economic and social development among its members, APEC has opened up new avenues of regional cooperation based on the principles of voluntarism, consensus-building and incremental progress. It has made useful efforts in exploring ways to promote regional trade and investment liberalization and facilitation with a combination of individual and collective action plans. And it has made constant headway in exploring new ways of economic and technical cooperation and played an important role in bridging the development gap among member economies and promoting common prosperity.

China, as a member of the Asia-Pacific community, values and actively participates in APEC cooperation in various fields. China has vigorously promoted regional trade and investment liberalization and facilitation and supported faster regional economic integration. China is a strong advocate of economic and technical cooperation and has taken an active part in such collaboration. We have put forward a number of cooperation initiatives aimed at deepening economic cooperation in the region. China is committed to unity of the Asia-Pacific community and has worked energetically for a harmonious Asia-Pacific region of enduring peace and common prosperity. We have, through our involvement in APEC cooperation, promoted our own development, and also made important contribution to economic development in the region and the world at large.

Profound changes are underway in the Asia-Pacific and world economy. After 20 years of development, APEC itself also faces new challenges and problems. Reviewing the past and looking ahead to the future, we believe that APEC should advance with the changing times, reform and improve itself and raise the efficiency of its cooperation. Only in this way will the functions and role of APEC be brought into full play, its vigor and vitality be maintained, and its status and influence be further enhanced.

First, APEC should focus more on its unique strengths and continue to promote trade and investment liberalization and facilitation. As the champion and pioneer of trade and investment liberalization and facilitation in the region, APEC should continue to pursue regional economic cooperation, promote regional economic integration and raise the level of economic development of all its members. The Bogor Goals concern APEC's credibility, cohesiveness and future development. If the developed members can meet the Bogor Goals as scheduled, it will be seen as a manifestation of APEC's resolve to advance trade and investment liberalization and oppose trade protectionism. This will give a strong boost to the confidence of all parties, bring about greater regional trade and move forward regional economic integration. China therefore supports APEC in giving priority to meeting the Bogor Goals by developed members in its near-term agenda and taking solid steps towards this objective.

Second, APEC should scale up input and promote even greater achievements in economic and technical cooperation. Economic and technical cooperation, as one of the two major pillars of APEC, serves as an important guarantee for continued progress in trade and investment liberalization and facilitation and offers us the means to bridge the development gap among APEC members and achieve common prosperity. We should place high importance on economic and technical cooperation, bearing in mind that such cooperation will contribute to the balanced and orderly development of all members. We need to scale up input into economic and technical cooperation, actively explore new ways of cooperation under the new circumstances, take earnest steps to help developing members in capacity building, increase technology transfer and bring economic and technical cooperation to a higher level.

To promote APEC economic and technical cooperation, the Chinese Government will invest $10 million to establish a China-APEC Cooperation Fund. The fund will be used to encourage and support participation by relevant Chinese departments and businesses in APEC economic and technical cooperation.

Third, APEC should continue to increase its institutional dynamism through reform and innovation. The important progress made in the reform of APEC's operating mechanisms in recent years has laid the groundwork for its future development. Under the current circumstances, APEC should adopt a proactive approach in adapting to new developments and meeting new challenges and steadily push forward its own reform and institutional building. It should optimize resource allocation, raise work efficiency and make its cooperation more effective so that its efforts in addressing major economic issues will be more relevant, focused and timely. This will help APEC consolidate and increase its influence in regional cooperation and make new and even greater contribution to economic and social development and improving people's livelihood in the Asia-Pacific.

Dear colleagues,

Not long ago, the Chinese people celebrated the 60th anniversary of the founding of the People's Republic of China. Over the past 60 years, and especially the past 30 years since reform and opening-up, China has scored great development achievements and brought about enormous changes. We have completed the historic transition from a highly centralized planned economy to a vibrant socialist market economy, and from a closed or semi-closed society to one that is fully open to the outside world. China's future and destiny are more closely tied to that of the whole world. China needs an international development environment featuring peace, stability, harmony and cooperation. And China is ready to contribute its share to the building of such an environment. China will work with the rest of the international community to meet the challenges together and seek inclusive, sustainable and balanced economic growth. China is committed to the path of peaceful development and a win-win strategy of opening-up. We will always pursue development that is peaceful, open and cooperative and make unremitting efforts towards a harmonious world of enduring peace and common prosperity.

Thank you.

Source: www. fmprc.gov.cn