2016年CRI Free trade, economic integration still remain major goals for APEC and G20

 

China has been actively¹ promoting the establishment of the Free Trade Area of the Asia-Pacific.

However, some are suggesting the F-TAAP is China's way of off-setting the US-initiated Trans-Pacific Partnership² agreement, to which China is not a member.

Robert Milliner, a senior business advisor³ for the Australian government, says the F-TAAP proposal still holds significant interest for APEC countries, even those who are signatories to the TPP.

He suggests once the US election is over in November, the F-TAAP is likely to be a major focus.

"Once we get through the cycle, what I like to hope is that people will concentrate on the really fundamental issues here, which is that free trade in the Asia Pacific region has been realized for many years as benefiting all of the economies in the Asia Pacific region. Regional integration⁴ is perceived of being all benefit for many economies in the Asia Pacific region. And we must keep those goals in mind as we walk through what are some difficult periods in global economies."

Milliner says he believes the forthcoming G20 Leaders Summit in Hangzhou will be critical to getting the world's major economies onboard with a plan to increase global GDP by 2 percent by 2018.

"That's a very important commitment. Quite often people criticize it, and say that in the current economy, two percent is too much and won't be reached. On the other hand, it's very important to recognize that, by having an aspirational⁶ target, governments are more likely to make the steps that are necessary to drive forward economic growth."

Milliner also says the business advisory⁷ group is also bring forth⁵ a number of important recommendations connected to SMEs, digital trade, innovation and entrepreneurship to the G20 session in Hangzhou.

"Those areas are areas that China plays a very important role in. It's very much the new trade investment cycle, and AEPC itself has also picked up some of these concepts particularly on the digital economy."

The APEC Business Advisory Council meeting in Shenzhen is wrapping up this Thursday.

For CRI, I'm Niu Honglin.

1 actively   

adv.积极地，勤奋地

参考例句：

• During this period all the students were actively participating.在这节课中所有的学生都积极参加。
• We are actively intervening to settle a quarrel.我们正在积极调解争执。

2 partnership   

n.合作关系，伙伴关系

参考例句：

• The company has gone into partnership with Swiss Bank Corporation.这家公司已经和瑞士银行公司建立合作关系。
• Martin has taken him into general partnership in his company.马丁已让他成为公司的普通合伙人。

3 advisor   

n.顾问，指导老师，劝告者

参考例句：

• They employed me as an advisor.他们聘请我当顾问。
• The professor is engaged as a technical advisor.这位教授被聘请为技术顾问。

4 integration   

n.一体化，联合，结合

参考例句：

• We are working to bring about closer political integration in the EU.我们正在努力实现欧盟內部更加紧密的政治一体化。
• This was the greatest event in the annals of European integration.这是欧洲统一史上最重大的事件。

5 forth   

adv.向前；向外，往外

参考例句：

• The wind moved the trees gently back and forth.风吹得树轻轻地来回摇晃。
• He gave forth a series of works in rapid succession.他很快连续发表了一系列的作品。

6 aspirational   

志同的，有抱负的

参考例句：

• Most of the images that bombard us all are aspirational. 轰击的图像，我们都期望最大。
• Analysts said self-help and aspirational reading could explain India's high figures. 分析师们指出，自助读书、热爱读书是印度人均读书时间超过别的国家的主要原因。

7 advisory   

adj.劝告的，忠告的，顾问的，提供咨询

参考例句：

• I have worked in an advisory capacity with many hospitals.我曾在多家医院做过顾问工作。
• He was appointed to the advisory committee last month.他上个月获任命为顾问委员会委员。