The First APEC Senior Official Meeting (27 February - 12 March 2011)deliberated details of key priorities and deliverables for 2011 particularly in the areas of strengthening regional economic integration and expanding trade, promoting green growth as well as advancing good regulatory convergence and cooperation.
Market-driven innovation policies will be further developed to address the next generation trade and investment issues which include supply-chain, cloud computing business models and barriers faced by SMEs.
On APEC New Strategy for Structural Reform (ANSSR), an Action Plan will be developed based on the common elements for capacity building. Possible reform priority areas for consideration include:
• ease of doing business;
• SMEs development;
• better functioning and effectively regulated financial markets;
• transparent and competitive markets;
• promoting labour market opportunities;
• training and education; and
• promoting effective and fiscally sustainable social safety net programmes.
Note: This article has been adapted from the MITI Weekly Bulletin Vol.135, 29 March 2011Market-driven innovation policies will be further developed to address the next generation trade and investment issues which include supply-chain, cloud computing business models and barriers faced by SMEs.
On APEC New Strategy for Structural Reform (ANSSR), an Action Plan will be developed based on the common elements for capacity building. Possible reform priority areas for consideration include:
• ease of doing business;
• SMEs development;
• better functioning and effectively regulated financial markets;
• transparent and competitive markets;
• promoting labour market opportunities;
• training and education; and
• promoting effective and fiscally sustainable social safety net programmes.