(Yicai) Nov. 15 -- China and the United States aim to use the Asia Pacific Economic Cooperation leader's meeting as an opportunity to deepen economic cooperation, said Ning Gaoning, Chinese representative at the APEC Business Advisory Council.

ABAC believes the meeting could open up a new cooperative development path, Ning told the media, including Yicai, in San Francisco yesterday. The three-day meeting kicked off in the city today.

Ning Gaoning takes media questions.

The two countries are also expected to cooperate in areas such as sustainable development, climate change, finance, small and mid-sized enterprises and digitization, he noted, adding that the council has already put forward specific suggestions and proposals for APEC leaders.

Since its inception in 1996, ABAC has submitted proposals to APEC leaders every year to promote trade and investment liberalization as well as economic and technological cooperation among APEC members. It also aims to foster a favorable business environment. 

Under the theme of “Creating a Resilient and Sustainable Future for All,” leaders, government ministers, and officials will further APEC’s work across a wide range of policy areas this year, including trade and investment facilitation, the digital economy, clean energy and climate, health, gender equity and equality, as well as anti-corruption efforts and food security, according to APEC’s website.

San Francisco's Moscone Center, where the APEC meeting is being held. 

Photos by Ma Xinhua (Yicai)

Editors: Dou Shicong, Tom Litting