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subject: 18th Apec Finance Ministers' Meeting Held In Hawaii [print this page]


The 18th APEC (APEC) Finance Ministers' Meeting was held in Hawaii, USA 10. Deputy Minister of Finance Wang Jun, the Chinese delegation to attend the meeting. The meeting focused on the current Asia-Pacific macroeconomic situation, ugg bailey bootsand re-balance economic growth, infrastructure development, financial sector reform and financial issues such as Pratt & Whitney. APEC Finance Ministers' meeting issued a joint statement.Conference believes that the current growth and employment in advanced economies weak, the rate of inflation in many economies continued to rise, volatility of capital flows, the global economic downturn and increased risk. Some APEC economies but also by the impact of natural disasters. To this end, the economy should be based on their different circumstances, to take decisive measures to boost market confidence, ugg dakota slippersfinancial stability and sustained growth. Developed economies should step up fiscal consolidation efforts. Better financial position should be based on their respective economies, the situation in the economic situation has deteriorated to take discretionary policy measures to support domestic demand. There are large current account surplus economies should promote the reform, and actively expand domestic demand, greater exchange rate flexibility. Parties should intensify structural adjustment, promote reform and innovation, and tap potential for economic growth, promote economic recovery and strong, sustainable and balanced growth.Participants recognized that the expansion of infrastructure investment for the promotion of recovery and boost economic growth in the region, ugg boots classic tallthe importance of support to intensify its efforts to improve the investment environment and to mobilize more private sector investment, promote public and private sectors in infrastructure projects co-operation. The meeting emphasized the importance of promoting inclusive finance, promised to take measures to increase for small and medium enterprises, rural residents and the supply of financial services to vulnerable groups, to broaden the channels of economic growth, promote economic growth.Speak at the meeting, said Wang Jun, the face of the current economic situation, the Chinese government will continue to take a proactive fiscal policy and prudent monetary policy, while maintaining policy stability, flexibility, targeted and forward-looking handle to maintain stable and rapid economic development, economic restructuring, management of inflation expectations of the three relationships. China will "second five" planning requirements, adhere to scientific development, accelerate the transformation of economic development, strive to build long-term mechanism to expand domestic demand, efforts to expand consumer demand, ugg classic shortwhile continuing to stabilize and expand external demand, while actively expanding imports and promoting international income teams tend to balance.He hoped that the Asia-Pacific economies to tap their own potential for growth, promote economic recovery and growth, while promoting financial market stability, accelerate structural innovation, technology innovation, system innovation, institutional innovation, foster new growth points, consolidate long-term economic growth. basis. He called the Asia-Pacific economies to strengthen unity and cooperation and seek mutual benefit and win-win situation, deepen trade, ugg boots free shippinginvestment and economic and technical cooperation, through the growth of the global economic rebalancing, to resist all forms of trade and investment protectionism and to promote the Asia-Pacific and global economic recovery and increase our joint efforts.

by: george




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