We realize that with the global economy entering a period of profound, post-global financial crisis readjustment, the Asia-Pacific region must seize the opportunity, meet challenges head on and speed up innovation and reform to create new driving force for the growth of the Asia-Pacific economy and make it more competitive. We have adopted the APEC Accord on Innovative Development, Economic Reform and Growth. We have decided to take economic reform, new economy, innovative growth, inclusive support and urbanization as five pillars, enhance policy coordination and dialogue, promote result-oriented cooperation, experience sharing and capacity building and allow innovation, reform and growth to reinforce one another so as to further consolidate the Asia-Pacific’s position as the engine of the global economy.
– We are resolved to jointly explore development paths and models suited to each member’s conditions, step up exchanges and mutual learning, and identify new ways for the development of the Asia-Pacific so that members of this region will grow together by pursuing diversified development paths. We have opened new horizon in cooperation areas. Major new topics such as leaping over the middle income trap, the Internet economy and urbanization have been added to our agenda; in-depth discussions on them have produced important deliverables. We have carried out vigorous cooperation on anti-corruption in the Asia-Pacific, established APEC’s Network of Anti-Corruption Authorities and Law Enforcement Agencies (ACT-NET) and reached important consensus on pursuing fugitives, recovering criminal proceeds and engaging in law enforcement cooperation. We applaud the good progress in cooperation in the blue economy, green economy, sustainable energy, SMEs, health, forestry, mining, food security, tourism, women’s issues and economic issues.