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英语文摘:APEC finance ministers urge policy measures to achieve regional economic growth

Source:  Onion  2010-11-07   English BBS   Favorite  

KYOTO, Japan, Nov. 6 (Xinhua) -- APEC finance ministers on Saturday called on member economies to take policy measures to achieve "stronger, more sustainable and more balanced growth" in the region.

The finance chiefs made the call in a joint statement adopted towards the end of the 17th APEC Finance Ministers' Meeting.

Admitting the global economy is recovering from the recent financial crisis, they noted that growth in the region is uneven across the economies.

Net capital flows have returned in a significant volume to emerging economies of the region, raising the risk of capital flow volatility and increases in asset prices in some economies, they warned in the document.

In this respect, they pledged concerted efforts to build a stronger and more resilient global financial system and the maintenance of open markets, and fight protectionism.

In the statement, the ministers and senior officials also recognized the need to ensure appropriate financing for key areas to boost growth.


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