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Business / Economy

APEC trade ministers to meet in China

(Xinhua) Updated: 2014-05-16 14:25

BEIJING - Trade ministers from the Asia-Pacific Economic Cooperation (APEC) will meet in the coastal city of Qingdao on Saturday to prepare for November's summit.

During the two-day meeting, trade ministers from 21 APEC economies will discuss regional economic integration, innovative reform and infrastructure, according to Shen Danyang, commerce ministry spokesman.

Trade ministers meetings are in preparation for the leaders' meeting, "Shaping the Future through Asia-Pacific Partnership" to be held in Beijing, 13 years after China hosted the 9th APEC Economic Leaders' Meeting in Shanghai.

Established in 1989, APEC has played a significant role in driving global and regional economic growth. Its 21 members contribute about 57 percent of the world's GDP and 46 percent of world trade.

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