The theme of the summit is to build a future-oriented Asia-Pacific partnership. * * * The summit was held in Yanqi Lake, Huairou, Beijing, and was hosted by president, China.
Asia-Pacific Economic Cooperation (APEC) was originally established as a regional economic forum and advisory body. After more than ten years of development, it has gradually evolved into an important economic cooperation forum and the highest-level intergovernmental economic cooperation mechanism in the Asia-Pacific region. It has played an irreplaceable role in promoting regional trade and investment liberalization and strengthening economic and technological cooperation among members.