日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Asia Pacific economic integration is needed more than ever before

Xinhua | Updated: 2016-11-18 16:57

BEIJING - Facing sluggish growth and rising anti-globalization sentiment, the Asia Pacific region needs economic integration to renew vitality more than ever before.

The global economy and world trade are experiencing the longest slowdown since the financial crisis, as structural problems or previous policy hangovers continue to weigh on growth.

Such economic doldrums have prompted many countries to take to protectionism as a shortcut out of the mire, and it seems anti-globalization in terms of trade, investment and population flow is set to be a new fashion post-Brexit.

The number of trade restriction policies grew from 381 in the middle of 2010 to 1,263 by mid-October this year, according to the World Trade Organization, which has warned that restrictive trade policies are hampering global growth.

As economic globalization and regional economic integration face challenges, trade and investment seem to be losing steam, but such trends are inevitable and what is actually needed is an updated model.

As it happens, bilateral and multilateral free trade and investment agreements have been growing fast in the past few years. The problem is that they are far too fragmented. For example, the 21 members of APEC saw about 160 free trade agreements reached between them in 2015.

The Asia Pacific region is the most dynamic region on earth, with a GDP that accounts for about 60 percent of the world's total, and shows the greatest potential for growth.

The latest International Monetary Fund report lifted the region's growth prediction this year and next year from 5.3 percent and 5.2 percent to 5.4 percent and 5.3 percent, respectively, while the global economy is estimated to grow 3.1 percent and 3.4 percent.

The robust growth of the Asia Pacific region will lend momentum to future global growth, so it is necessary for the region to pioneer free trade and investment.

The Free Trade Area of the Asia-Pacific (FTAAP) will be an effective step towards this end.

The FTAAP, proposed in 2006, is an inclusive program that is open to all members in the region, whatever their development stage, and aims to promote collaborative growth. It will seek to solidify what are fragmented partnerships for all members to work together.

APEC members, which are currently meeting in Lima, should build on the road map reached at the Beijing meeting in 2014, to form a practical strategy to reduce trade barriers and achieve connectivity by 2025 when about $two trillion of economic benefit will be created for APEC members, surpassing any other regional FTA.

An inclusive FTAAP will guarantee common prosperity and sustainable growth for all Asia Pacific members, and be a boon for the global economy at large.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲欧美日韩色 | 91精品视频一区 | 国产精品2020 | 麻豆成人入口 | 男女无遮挡xx00动态图120秒 | 国产四虎| 色综合国产| 中国一级黄色录像 | 99精品福利视频 | 久久久久免费看 | 国产精品久久久久久无人区 | 国产精品视频久久久久久久 | 小视频在线免费观看 | 中国毛片在线观看 | 国产欧美精品区一区二区三区 | 人妖av在线| 成人免费毛片高清视频 | 美腿丝袜av | 欧美一区成人 | 日本一区二区在线 | 国产免费91| 疯狂试爱三2浴室激情视频 超碰.com | 国产91精品一区二区绿帽 | 日本男人天堂 | 日韩视频一区在线观看 | 蜜臀久久99精品久久久画质超高清 | 欧美黄色大片在线观看 | 国产精品成人在线 | 日本亚洲天堂 | 波多野结衣在线观看一区 | 人人爽人人澡 | 在线观看视频h | www.午夜视频 | 青青激情视频 | 青草久久久 | 黄色a级大片| 天堂久久精品 | 亚洲一区二区三区在线视频 | 中文字幕免费视频 | 欧美成人精品欧美一级乱黄 | 成人毛片基地 |