China, Peru leading APEC's path to inclusive and sustainable growth

China and Peru Team Up for a Greener, Better Future at APEC Meeting

China and Peru Team Up for a Greener, Better Future at APEC Meeting

Hey friends! ๐ŸŒŸ Have you heard about a big meeting happening in Lima, the capital city of Peru? Leaders from 21 countries, including China and Peru, are coming together for something called the APEC meeting. That’s short for Asia-Pacific Economic Cooperation. It’s like when a bunch of friends get together to plan something awesome!

This year’s theme is “Empower. Include. Grow.” But what does that mean? Well, these leaders are talking about important things like climate change (that’s taking care of our planet ๐ŸŒŽ), using clean and sustainable energy, making the digital world better and fair for everyone, and helping countries trade and work together.

Chinese President Xi Jinping is there, and he’s super excited to work with Peru and other countries. Did you know China and Peru have been friends for a long time? They’ve been working together in areas like mining, energy, making things (that’s manufacturing), and agriculture (that’s farming!).

Guess what? They just agreed to upgrade their free trade agreement. That’s like agreeing to share and trade things without extra costs! They want to work on cool projects like the circular economy (reusing and recycling things โ™ป๏ธ), sustainable agriculture, and making sure digital technology is used for good.

One really exciting project is the Chancay Port in Peru. With help from China, it’s going to become a super important port where ships can bring goods between South America and Asia. Think of it like a big bridge over the ocean connecting friends! ๐ŸŒ‰

This will help Peru’s economy by creating more jobs, helping farmers and producers sell their goods to more places, and even reducing costs and time by up to 30%! That’s a big deal!

China plays a big role in APEC. It’s been helping to make trade and investment easier and fairer. Lots of China’s trading partners are APEC members, and they all work together to make everyone’s lives better.

Also, China has an amazing story about how it has brought many people out of poverty and became a leader in the digital world. Imagine, in 1999, there were only about 9 million internet users in China, but now there are about 1 billion! ๐Ÿ“ถ๐Ÿ’ป That’s a huge increase, and with it, people’s lives have improved a lot.

Countries in Southeast Asia and others can learn from China’s experiences to help their own people and make the digital world better for everyone.

Even though there are challenges, China is still growing strong. In the first half of 2024, its economy grew by 5%! That’s because people are spending more, and there are big investments in making things and building useful public spaces.

By working together at the APEC meeting, China and Peru are showing how teamwork can help us all have a brighter, greener future. Isn’t that inspiring? ๐Ÿค—๐ŸŒฑ

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