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CGTN: How Can the Asia-Pacific Prosper Through Openness, Innovation and Cooperation?

Officials say venue upgrades, fast-track services and green measures are in place as the summit is expected to produce a Shenzhen Initiative.

  • On Saturday, Shenzhen officials confirmed readiness for the APEC Economic Leaders' Meeting scheduled for November 18 and 19. Leaders from 21 Asia-Pacific economies will gather to discuss regional openness, innovation, and cooperation.
  • Once a little-known border town, Shenzhen now serves as a global tech hub home to giants Huawei and Tencent. This rapid economic transformation positions the city as a symbol of China's development for the APEC host year.
  • To assist visiting delegates, Shenzhen established dedicated fast-track port channels, installed over 100,000 foreign-language signs, and deployed more than 7,000 AI translation devices. Taxis now provide bilingual announcements while metro systems accept contactless overseas bank cards.
  • Shenzhen's foreign trade hit 5.25 trillion yuan in the first 10 months of 2026, a 40.9% jump year-on-year. China aims to leverage this growth through initiatives like the Regional Comprehensive Economic Partnership and the Digital Economy Partnership Agreement.
  • Despite Shenzhen's emphasis on openness, foreign companies still face barriers like local protectionism and preferences for domestic firms, analyst Allan von Mehren noted. These persistent challenges contrast with the summit's theme of "Building an Asia-Pacific Community to Prosper Together.
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The Mayor of Shenzhen Li Yun reported on the successful completion of all preparations for the Asia-Pacific Economic Cooperation (APEC) summit. The city has strengthened transport, energy and hotel infrastructure with minimal inconvenience to residents. "All sites and facilities are ready," Li Yun said, transmitting TASS.V Shenzhen has standardized over 100,000 indicators in foreign languages and installed more than 7,000 artificial intelligence…

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CGTN: How can the Asia-Pacific prosper through openness, innovation and cooperation?

Ahead of the APEC Economic Leaders' Meeting in Shenzhen, CGTN published an article highlighting China's efforts as the 2026 host to advance regional openness, innovation and cooperation. The article examines how China's practical contributions are helping deepen economic ties, expand…

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Ecns broke the news in Beijing, China on Wednesday, November 11, 2026.
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