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APEC Formulates New Growth Strategy for Region
Source: apec.org
Source Date: Sunday, August 08, 2010
Focus: Institution and HR Management
Created: Aug 09, 2010

APEC has committed to pursuing "high quality growth" in a Statement released today at the Growth Strategy High-Level Policy Roundtable held in Beppu, Japan.

APEC's new approach to growth reflects members' continued belief that free and open trade and investment is still key to regional prosperity; but it also recognises that economic growth should incorporate other factors - such as environmental sustainability - that are essential to future prosperity and citizen wellbeing.

Five attributes of quality growth have therefore been selected for action, namely balanced, inclusive, sustainable, innovative and secure growth.
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