The experts highly appreciated China for calling on APEC members during the Lima summit last year to boost sustainable, inclusive, green and interconnected development, saying it is high time for China to play its role in injecting new impetus into the Asia-Pacific and global economic growth.

Munshi Faiz Ahmad, chairman of the Bangladesh Institute of International and Strategic Studies, told Xinhua that the Lima summit was exposition of China's greatness and commitment to its responsibility to stand by the less affluent section of the society all around the world.

The implementation of the proposal made by China in Peru will usher in a new era for further economic boom of countries like Bangladesh.

He said all the major parties must continue their efforts for a new kind of economic globalization to ensure equity and justice and steer it toward a more inclusive and mutually beneficial direction.

He said such economic globalization will immensely help achieve UN Sustainable Development Goals to end poverty, fight inequality and injustice, and tackle climate change and ensure food security for all.

APEC which promotes free trade throughout the Asia-Pacific region was established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional trade blocs in other parts of the world.

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