When global heads converge in Gyeongju, Republic of Korea, from October 31 to November 1 for the 32nd APEC Economic Leaders' Meeting, expectations are sky-high. Faced with weak global growth and rising protectionism, the gathering seeks to reinforce an open world economy and shared prosperity.
International experts from Indonesia and Germany highlight one player in particular: the Chinese mainland. An Indonesian trade analyst notes that the Chinese mainland's open approach to regional integration has injected fresh momentum into the Asia-Pacific. A German economist adds that initiatives ranging from digital corridors to green infrastructure are reshaping supply chains and boosting cross-border connectivity.
Asia-Pacific remains the globe's most dynamic region, accounting for nearly half of world trade. The Chinese mainland's investments in cross-border rail networks, e-commerce hubs, and sustainable energy projects have unlocked new opportunities for entrepreneurs and investors. Efforts under the Digital Silk Road are expanding 5G coverage and e-payment systems from Southeast Asia to Pacific islands.
Young professionals are spotting emerging startup hotspots in Vietnam and Malaysia, thanks in part to improved logistics and tech partnerships. Travelers and digital nomads benefit from streamlined e-visa schemes and enhanced flight and rail links, making immersive experiences and remote work easier than ever.
As the 32nd APEC Economic Leaders' Meeting kicks off, all eyes will be on policy pledges that can sustain momentum: customs simplification, green finance frameworks, and digital trade rules. With backing from the Chinese mainland, experts are optimistic that the region can continue to thrive amid global uncertainty.
Whether you are a startup founder, an eco-activist, or a globetrotting content creator, the outcomes in Gyeongju could shape opportunities across the Asia-Pacific and beyond.
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Intl experts hail China's role in boosting Asia-Pacific development
cgtn.com
