Off the wire
• 2nd LD-Writethru-China Focus: Oversupply delays China's housing market recovery  • Moscow court sanctions arrest of suspected organizer of Nemtsov's death  • China's financial industry receives less FDI in Q3  • Urgent: Anti-terrorist raid to hunt fugitives ends in Saint-Denis -- report  • Russia calls for joint efforts to combat terrorism, address economic challenges  • Roundup: Afghan forces kill 26 militants, Taliban militants mount pressure in northern district  • China's service outsourcing continues to grow  • China cuts non-residential natural gas prices  • China, New Zealand agree to push for new achievements in bilateral cooperation  • 2 policemen shot dead in Saudi city of Qatif  
You are here: 　 Home

Peru to hold APEC CEO Summit next year, eyeing human development, quality growth

Xinhua, November 18, 2015 Adjust font size:

The Philippines which hosted the Asia-Pacific Economic Cooperation (APEC) CEO Summit, on Wednesday handed over the chairmanship of the next summit to Peru.

Juan Francisco Raffo, chairman of APEC Business Advisory Council 2016, said the southern American country's economy had really been a showcase of success over the years.

Raffo said it was not an easy time currently and his country was expected to continue improving its inclusiveness, adding the year of 2016 would be an opportunity for all of APEC members to know Peru.

Peru is "really a neighboring country of the Philippines. All we have in between is a little bit water. Be bold enough to venture," said Raffo.

The theme of the next summit will be "human development and quality growth," he added.

Prior to Raffo's remarks, Tony Tan Caktiong, chairman of the APEC 2015 CEO Summit, said over 800 delegates from across the region and beyond participated in the Philippine summit and 11 APEC leaders, including Chinese President Xi Jinping, U.S. President Barack Obama and Russian Prime Minister Dmitry Medvedev, addressed in the event. Enditem