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: 亚洲欧美另类在线观看 | 这里有精品视频 | 8x8x华人在线观看 | a天堂在线观看 | 免费日韩在线 | 干日本美女 | 一区二区三区视频在线播放 | 超碰免费人人 | 四虎影院成人 | 国产一区视频在线播放 | 日本黄网站色大片免费观看 | 欧美精品日韩在线观看 | 一区二区国产精品视频 | 国产精品国产三级国产aⅴ 国产三级福利 | 黄页网站在线看 | 91狠狠综合 | 久久久视频在线 | 九九热这里只有精品6 | 国产最新自拍 | 亚洲欧美国产高清va在线播放 | 天天看毛片 | 高清欧美性猛交 | 五月综合在线 | 波多野结衣午夜 | 五月综合视频 | 亚洲久热 | 日韩国产在线播放 | h网站在线看 | 国产夜夜操 | 国产一区二区三区四区五区六区 | 国产视频在线播放 | 男人午夜网站 | 人人超碰人人 | 国产黄网 | 综合久久亚洲 | 欧美精品一区二区在线观看 | 91白浆| 免费黄色在线网站 | 国产高清一区二区三区四区 | 一区二区亚洲视频 | 日本黄网站 |