The Philippines PECC committee hosts the 23rd General Meeting of PECC in Manila with the theme, "Growth Engines for the 21st Century: Achieving Balanced, Inclusive, and Sustainable Growth."
Following are the plenary and concurrent sessions of the General Meeting:
Plenary Session 1: Sustainable and Inclusive Growth in the Asia-Pacific Century
The 21st century was touted as the Asia-Pacific century, 15 years on with the fallout from the Global Financial Crisis still bearing over the world economy, what will the drivers of growth be in the coming 5-10 years? The structural changes taking place in major economies such as China, Japan and the United States, the growing constraints on the supply of resources and environmental concerns will have a profound impact on prospects for growth for the entire region. On the other hand, the broader adoption of new technology and new ways of conducting business may provide solutions and opportunities for growth. What role for policy refo...Read more...
H.E. Mr. Cheng Siwei, a renowned Chinese economist and former vice chairman of the Standing Committee of China's National People's Congress, died of illness early Sunday in Beijing at the age of 80. Mr. Cheng was former chairman of China National Democratic Construction Association Central Committee and former leader of the National Association of Vocational Education of China.
Mr. Cheng was pro-liberalization and Asia-Pacific economic cooperation. As Honorary Chairman of CNCPEC, Mr. Cheng was always supportive of the PECC process. Since the Seoul General Meeting in 2005, he attended quite a few PECC General Meetings. He never missed an annual meeting of CNCPEC and used to honor with his presence a host of international meetings organized by CNCPEC. He even attended the PECC Tianjin Trade and Investment Fair, despite his very tight schedule. Last year, he happily addressed the delegates of the PECC GM XXII at the luncheon, sharing his insight and visions on world and regional economic...Read more...
During the APEC meetings in Bali, the Pacific Economic Cooperation Council (PECC) and the Boao Forum for Asia convened a half-day seminar to consider “Connectivity and Inclusive Growth in the Asia-Pacific” and to identify policy actions and projects that could be adopted in 2014, when the People’s Republic of China holds the APEC chair.
In four interactive sessions and a closing dinner, business, government, academic and civil society leaders discussed and debated ways to increase institutional, physical and people-to-people connectivity in the Asia-Pacific. One panel was devoted to the challenge of financing infrastructure development, a critical bottleneck to growth in the region. This was an especially important discussion in light of Chinese President Xi Jinping’s announcement that China would support the establishment of an Asian infrastructure development bank, a proposal that attracted much attention in...Read more...
The year 2014 marked the 25th anniversary of APEC and twenty years since the Bogor Goals were launched. PECC, having paved the way for APEC's establishment, took the opportunity of its annual Singapore conference to reflect on how the global landscape has evolved since and to consider what the 'new priorities' of APEC might be. This report contains contents of the discussions held during the plenary sessions as well as keynote speeches by Mr. Lim Hng Kiang (Minister for Trade and Industry, Singapore), Mr. La Yifan (Vice Chairman, APEC SOM and Under Secretary-General, National Organizing Committee for APEC 2014, Ministry of Foreign Affairs, China), and Dr. Bambang Permadi Soemantri Brodjonegoro (Vice Minister for Finance, Indonesia).
Download the publication (PDF, 2.27MB)Read more...
The internet now accounts directly for upwards of 3.4 percent of GDP in many economies. About half of this comes from e-commerce and an additional 30 percent from investments in information technology infrastructure by private firms. The importance of the internet to the broader economy is set to increase in the coming years as more firms integrate technology into their business operations, and as diverse communications tools become more interconnected across most aspects of work and society. As highlighted during the PECC Singapore Conference 2015, the internet economy cuts across multiple sectors posing difficulties for effective policy-making domestically let alone internationally.
In 2014, APEC Leaders formally recognized the role of the internet economy in promoting innovative development and empowering economic participation of individuals and SMMEs (small, medium and micro enterprises) as much as for MNCs (multinational companies). They instructed Ministers and officials ...Read more...
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PECC Statement for APEC Ministers Responsible for Trade (MRT) | Boracay, Philippines | May 2015
PECC Update for APEC SOM2 2015 | Boracay, Philippines| May 2015
Symposium on the Internet Economy | Boracay, Philippines | May 2015
State of the Region 2014-2015 (pdf, 500KB)
Back to Canberra: Founding APEC
Andrew Elek, Australian National University