As the APEC Economic Leaders’ Meeting convenes in Gyeongju, Republic of Korea, China has emerged as a focal point of discussions. Amid significant economic challenges in the Asia-Pacific region, China’s role is increasingly pivotal. Experts highlight how China’s strategies and collaborations could drive regional recovery and sustainable growth. Herman Tiu Laurel, president of the Asian Century Philippines Strategic Studies Institute, emphasized China’s potential to revitalize APEC through free trade agreements, regional value chains, and investments in digital and green economies. He pointed to China’s zero-tariff policy for African exports and infrastructure projects in APEC nations as key initiatives enhancing economic resilience. Sourabh Gupta, a senior fellow at the Institute for China-America Studies, underscored the importance of China and APEC in defending trade multilateralism and regional development. He noted that the next three decades of Asia-Pacific cooperation will be more challenging, requiring a united effort to maintain the region’s economic dynamism. As APEC leaders strive to innovate and prosper, China’s active participation and collaboration with other members are seen as essential to addressing current challenges and fostering a sustainable future. The spirit of cooperation is crucial for building a resilient global economy and ensuring collective prosperity.
