This year, heads of state and other senior government officials of the APEC members gather in the Vietnamese coastal city of Da Nang at a time when the global economy has shown a broad-based upswing while World Trade Organization forecast that global trade is expected to rebound this year.
This year's tour was done virtually due to the COVID-19 pandemic, which has prompted new lockdowns in many parts of the world and has resulted in the worst global downturn in decades.
This was the first time in ASEAN's 50-year history that the regional bloc's development strategy is aligned with that of China, which is expected to unleash huge potential for economic integration between them.
Those commitments, made under the CEPA framework, were part of the agreement on the trade in services implemented in June 2016 in response to the Hong Kong business community's proposals for more participation in the development of the mainland market.
This was the opening maneuver off the Sino-Kyrgyzstan "Cooperation 2019" joint anti-terrorism exercises, which began with a comprehensive series of desert battle drills in the north of Xinjiang Uygur autonomous region.
Those who fail to authenticate themselves will be barred from taking these vehicles.
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This year marks the 40th anniversary of China's reform and opening-up and the 17th anniversary of its World Trade Organization (WTO) accession. President Xi Jinping stressed that "Reform and opening-up is a great process that has seen China and the rest of the world achieve development and progress together." Since it joined the WTO, China's relations with the rest of the world are increasingly close and deepened, a vivid example of China's reform and opening-up.
This year's star is Byton, an electric car unveiled at CES known as China's Tesla. It is expected to be mass produced and sell at ,000, making it a real competitor to Tesla.
Those at the meeting on Tuesday called for intensifying proactive fiscal policy using a multipronged approach. They also urged expeditious allocation of an additional amount of local government special bonds in advance upon completing required procedures.
This year's China Joy, concluded on Aug 5, sees the number of visitors hitting a record high of 364,701. [Photo by Shi Jing/chinadaily.com.cn]