The Second APEC Senior Officials Meeting Held in Qingdao in 2014

In 2014, the second high-level official meeting of the Asia-Pacific Economic Cooperation (APEC) was held in Qingdao, Shandong Province on the 14th.

More than 300 representatives from 21 APEC economies, the Secretariat, Business Advisory Council and observers attended the meeting. Li Baodong, chairman of the APEC Senior Officials' Meeting and Vice Minister of Foreign Affairs, presided over the meeting and delivered a speech. Before the meeting, some APEC related committees and working groups held more than 40 meetings and about 1600 delegates attended the meeting.

The two-day Senior Officials' Meeting is an important event for APEC China in the year. It aims to sort out the progress of APEC cooperation and promote cooperation initiatives in various fields. It will be the 22nd APEC informal leadership meeting to be held in Beijing in November. ready.

Vice Minister Li Baodong stated that under the current situation, all parties hold high expectations for APEC cooperation. Since the beginning of this year, APEC members have conducted in-depth cooperation on various key issues under the theme of "Co-constructing the Asia-Pacific Partnership for the Future." China calls for further accommodating consensus and forming a results framework for the leaders’ meeting. It is hoped that all parties will continue to work closely together to establish a closer partnership and promote the sustainable development and economic prosperity of the Asia Pacific region.

The meeting held in-depth discussions on three important topics: promoting regional economic integration, promoting economic innovation and development, reform and growth, and strengthening the construction of all-round infrastructure and interconnection. The meeting held full consultations on the initiation of the Asia-Pacific Free Trade Zone process and exchanged views on key initiatives such as APEC’s strategic blueprint for promoting the development of global value chains and APEC’s strategic plan for promoting trade and investment development.

The conference focused on the “five pillars” of economic reform, new economy, innovation growth, inclusive support, and urbanization and discussed specific areas such as economic structural reform, fiscal and taxation policy support, internet economy, green development, blue economy, and striding across the “middle income trap”. Cooperation, cooperation and promotion of economic innovation and development, reform and growth. The meeting further expanded consensus in the formulation of the Asia-Pacific interconnection blueprint and other issues, focusing on issues such as the public-private partnership framework, the expansion of investment and financing channels, and the interconnection of software and personnel.

The Chinese side attaches great importance to this meeting and actively promotes pragmatic cooperation. The Ministry of Foreign Affairs, the Ministry of Commerce and other departments put forward a number of cooperation initiatives and ideas. The Chinese side also briefed on the arrangements for the main activities of the leaders’ meeting in November and the overall concept of the results. The parties appreciate that China’s relevant initiatives are based on current, active, pragmatic, forward-looking, and ambitious plans, and are of great significance for building the highlights of this year’s APEC leaders’ meeting and promoting the long-term development of the Asia Pacific region.

During the conference, Qingdao City held welcome activities and theatrical performances for the delegates. Delegates generally agreed that Qingdao's beautiful natural environment, profound cultural heritage, and vibrant economy all fully demonstrate China's development philosophy and prospects, which is impressive.

As the host of APEC, China will also hold many APEC events this year. The third Senior Officials' Meeting and related meetings will be held in Beijing from August 6th to 21st. The activities of this year's summit meeting will be held in Beijing from November 5th to November 11th.

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