On November 12, 2009, Chinese Foreign Minister Yang Jiechi and Minister of Commerce Chen Deming attended and addressed the 21st Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting in Singapore, expounding the Chinese government's positions and propositions on relevant issues.

On the global financial crisis, Yang said with the joint efforts of the international community, the world's economy has shown signs of recovery but negative impacts of the financial crisis are not yet over. To achieve the all-around recovery is a slow and arduous progress. The APEC should unite, enhance cooperation and work together to consolidate the recovery and push for a stable growth. Yang said APEC members should restructure the economic growth model to nurture new areas of growth and inject internal impetus into the economic sustainable growth. Yang said growth should be inclusive, trickling the benefits of globalization and economic development to all people and lay a solid social foundation for future growth. Yang said the strategy of sustainable growth should be implemented. He called for energy-saving and environmental friendly ways of production, life and consumption to open up broad prospect for economic sustainable growth. Efforts should be made to push for balanced development of the economy. The interests and demands of developed and developing economies should be equally attended to but special attention should be given to developing members' crisis-resiliency and their ability to recover so as to provide regional and global sustainable economic development with basic guarantee. Yang said China has taken a series of positive measures to sustain growth, undertake structural change and strengthen social security networks, and now positive progress has been achieved.

On climate change, Yang said participants at the recent UN climate change summit reached an important consensus that the UN Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol should be the primary channel and legal basis for the international community to tackle the climate change and international cooperation should follow the principle of "common but differentiated responsibilities". Yang said China hopes the Copenhagen conference will push for the comprehensive, effective and sustainable implementation of the UNFCCC and the Kyoto Protocol. China hopes to see balanced and positive results on climate change mitigation, adaptation, financing and technology support, four aspects of coordinated efforts, under the authorization of the Bali Roadmap. China is willing to work with other participants at the U.N.-sponsored climate change summit to be held in Copenhagen next month to reach a "fair and reasonable" outcome.

On the multilateral trading system and trade investment liberalization, Chen Deming said based on the fundamental principles of voluntarism and consensus-building, the APEC has actively advanced cooperation and has become an important force for pushing the world economic recovery. In the 20 years of evolution of the APEC, China has cooperated with other APEC economies based on mutual benefit and made progresses. On the Doha Round of WTO negotiations which have entered the final stage, the minister said China is willing to cooperate with all other parties to abide by the negotiating mandate, lock down achievements and strive for a comprehensive and balanced conclusion of the negotiation at an early date for realization of development goals. Trade investment liberalization is the purpose of the APEC and opposition to trade protectionism is a fine tradition of the organization. He said the impact of the global financial crisis is far from diminishing; therefore our resolve to fight trade protectionism can never be swayed. We should stick to the commitments made at a series of APEC Economic Leaders' Meetings and oppose all forms of protectionism and any measures to abuse the trade remedies provisions. "We should take concrete measures to maintain an open, fair and just international trade environment to push for a swift economic recovery in the Asia-Pacific region." The Bogor Goals are the solemn commitments made in 1994 by the then APEC economic leaders and are also the origin for APEC cooperation and the driving force for APEC development. Chen expressed the hope that the review of the Bogor Goals can be carried out smoothly as the goals' realization matters greatly to all parties' confidence in and expectation for APEC cooperation and even more to APEC's reputation and image.

On economic and technological cooperation as well as APEC's future development, Yang hoped that developed members would proceed from the perspective of promoting balanced, sustainable and comprehensive economic growth of the big APEC family to increase attention to and input in economic and technological cooperation and narrow development gap among APEC members. It is hoped that developing members can take more active part in economic and technological cooperation and put forward positive and feasible propositions for future cooperation to advance cooperation. China supports APEC to steadily advance reform and continue with institutional reform and mechanism building to improve its efficiency and effectiveness. APEC should make its addressing of major global economic issues more relevant, targeted and timely, continuously enhance its influence in regional cooperation and positively contribute to economic growth of the Asia-Pacific region and the world at large.

Chen reiterated China's firm commitment to the economic integration and common development of the Asia-Pacific region. He said China hopes to actively work with other economies to explore an effective and sustainable path for future development so as to deepen trade investment liberalization and facilitation, and to make unremitting efforts to push for international trade liberalization and the steady growth of the world economy.