Fan Bi, a senior researcher at the center, said that a safe and effective financial cooperation mechanism will help APEC members jointly improve infrastructure and tackle potential economic risks.
With its capital base and rich experience, China can play a big role in infrastructure construction in the Asia-Pacific region. Power, port, airport and telecom sectors can provide opportunities for China, he said.
In 2017, China will host the APEC economic leaders' meeting in Beijing.
APEC is an economic forum in the Asia-Pacific region and its 21 members aim to facilitate free trade and investment. The informal economic leaders' meeting is the highest-level meeting of the forum.
According to the International Monetary Fund, APEC members account for 54 percent of global GDP. Their economies, as a whole, are expected to grow 6.3 percent in 2013 and 6.6 percent in 2017.
Questions:
1. In Bali, what kind of bank did President Xi say needs to be established?
2. How many members are in APEC?
3. What Chinese city will host the APEC leaders forum in 2017?
Answers:
1. An Asian investment bank to finance infrastructure construction.
2. 21.
3. Beijing.
About the broadcaster:
Anne Ruisi is an editor at China Daily online with more than 30 years of experience as a newspaper editor and reporter. She has worked at newspapers in the U.S., including The Birmingham News in Alabama and City Newspaper of Rochester, N.Y.
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