2015年CRI China Plays Pivotal Role in Economic Development of Asia-Pacific Region

 

The theme of this year's summit is "Building Inclusive Economies, Building a Better World," with four key priorities. 

They include enhancing the regional economic integration¹ agenda, fostering small- and medium-sized enterprises' participation² in regional and global markets, investing in human capital development, and building sustainable and resilient communities. 

Harold Eddington, President of JPMorgan Chase in Australia and New Zealand, expresses the view that regional economic integration under the idea of building inclusive economies will be conducive³ to the long-term prosperity of countries within the Asia-Pacific areas.

"We've seen substantial economic integration in the Asia-Pacific areas and the APEC region. And that's going to continue. Initially⁵ that integration was around manufactured goods. Increasingly it's also about services. Tourism is a good example of that. And I think great economic cooperation and integration can be positive for everybody, for the more developing economies in Asia and for the major economies as well." 

Currently, economic development in the Asia-Pacific region has been slowing down, with an expected growth rate of 3.2%.

This is the lowest since the economic crisis in 2008. Therefore, China's economic transition has attracted most attention among enterprises in the Asia-Pacific areas. They hope China will continue leading the regional economic development. 

"We know it's going through some important changes at the moment. The focus is moving from exports to domestic consumption. Those changes will take time. And we also know the economy in China is now 50 % services. And those changes also will take some time. But China has delivered remarkable⁶ growth in many ways over the last 30 years. And I have no doubt that it would continue to grow and prosper⁴ and be an ever more important part of the APEC area."

Director of AERO Montreal, Susanne Nuba, believes that China's development will provide the Asia-Pacific areas with more commercial opportunities. And she is also expecting more cooperation between Canadian and Chinese enterprises. 

"And because it's the market of today but more the market of tomorrow, you know it's growing so fast. You know it's so important China for the world, you know because you are the second economy of the world. And trade with your country is crucial, for Canada." 

The Asia-Pacific region, which is vital to global peace and development, accounts for 40 percent of the world population, 48 percent of world trade, and 57 percent of global output.

For CRI, this is Li Jianhua

1 integration   

n.一体化，联合，结合

参考例句：

• We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
• This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。

2 participation   

n.参与，参加，分享

参考例句：

• Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
• The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。

3 conducive   

adj.有益的，有助的

参考例句：

• This is a more conducive atmosphere for studying.这样的氛围更有利于学习。
• Exercise is conducive to good health.体育锻炼有助于增强体质。

4 prosper   

v.成功，兴隆，昌盛；使成功，使昌隆，繁荣

参考例句：

• With her at the wheel,the company began to prosper.有了她当主管，公司开始兴旺起来。
• It is my earnest wish that this company will continue to prosper.我真诚希望这家公司会继续兴旺发达。

5 initially   

adv.最初，开始

参考例句：

• The ban was initially opposed by the US.这一禁令首先遭到美国的反对。
• Feathers initially developed from insect scales.羽毛最初由昆虫的翅瓣演化而来。

6 remarkable   

adj.显著的，异常的，非凡的，值得注意的

参考例句：

• She has made remarkable headway in her writing skills.她在写作技巧方面有了长足进步。
• These cars are remarkable for the quietness of their engines.这些汽车因发动机没有噪音而不同凡响。