WELLINGTON, Aug. 24 (Xinhua) — China has contributed 1 million U.S. dollars toward the establishment of a new APEC sub-fund on Combating COVID-19 and Economic Recovery (CCER), aiming to support initiatives that strengthen member economies’ capacity to address and manage impacts from the pandemic and fast track recovery, APEC Secretariat announced on Tuesday in a statement.<\/p>\n\n\n\n
A memorandum of understanding on China’s contribution to the sub-fund was signed virtually by Lu Mei, China APEC Senior Official and Rebecca Sta Maria, Executive Director of the APEC Secretariat.<\/p>\n\n\n\n
“The COVID-19 pandemic has posed an unprecedented challenge to APEC members that requires a collective and inclusive response,” said Lu. “APEC economies have strengthened cooperation to respond to COVID-19. The establishment of the sub-fund is part of these varied and continuous efforts as well as the contribution of additional resources across APEC to combat the pandemic,” said Lu.<\/p>\n\n\n\n
“We hope that this sub-fund will assist APEC in combatting current and future pandemics, safeguarding the health and well-being of people, accelerating economic recovery and harnessing new opportunities of the digital economy, which also contributes to the implementation of the APEC Putrajaya Vision,” Lu added.<\/p>\n\n\n\n
APEC is responding to COVID-19 with numerous policy measures and tools that address different pain points caused by the health and economic crisis. These initiatives range from high-level commitments to expert analyses and recommendations as well as innovative tools and practical projects.<\/p>\n\n\n\n
The CCER sub-fund will be directed to support projects and initiatives to help member economies in their efforts to address and manage the economic impacts of COVID-19, strengthen public health systems and capacity building, expedite economic recovery and build resiliency against future large-scale economic disruptions.<\/p>\n\n\n\n
The sub-fund also aims to facilitate APEC economies to better adapt to available and innovative digital tools such as telemedicine, online education, teleworking to boost economic recovery and growth.<\/p>\n\n\n\n
Member economies can also tap into the sub-fund for activities that support capacity building for micro, small and medium enterprises, and vulnerable groups to recover and build resiliency to economic disruptions caused by COVID-19.<\/p>\n\n\n\n
“As we keep our focus on recovery, we see opportunities for member economies to deepen cooperation and work together for the prosperity of all our people,” said APEC Secretariat’s Executive Director, Rebecca Sta Maria. “This sub-fund will support initiatives focused on recovery in APEC, ensuring that we remain the world’s most dynamic and interconnected region.”<\/p>\n\n\n\n
Projects are a vital part of the APEC process. They help translate the policy directions of APEC Economic Leaders and Ministers into actions and help create tangible benefits for people living in the Asia-Pacific region. APEC provides funding for over 100 projects each year, with around 17.7 million U.S. dollars available in 2021. <\/p>\n\n\n\n
Source: http:\/\/www.news.cn\/english\/2021-08\/24\/c_1310145772.htm<\/p>","protected":false},"excerpt":{"rendered":"
WELLINGTON, Aug. 24 (Xinhua) — China has contributed 1 million U.S. dollars toward the establishment of a new APEC sub-fund on Combating COVID-19 and Economic Recovery (CCER), aiming to support initiatives that strengthen member economies’ capacity to address and manage impacts from the pandemic and fast track recovery, APEC Secretariat […]<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[28,5],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2325,"url":"https:\/\/www.govisachina.com\/zh\/2021\/06\/10\/apec-focuses-on-building-inclusive-digital-society\/","url_meta":{"origin":2471,"position":0},"title":"APEC focuses on building inclusive digital society","author":"Visa China","date":"6\u6708 10, 2021","format":false,"excerpt":"An APEC workshop on an inclusive digital society unfolded on Tuesday and Wednesday in Guiyang, Guizhou province, in a bid to discuss the role of digital technologies in eradicating poverty. The two-day event established as its purpose the sharing of experience in poverty alleviation and suggestions for improved living standards\u2026","rel":"","context":"\u5728\u201cCOVID-19\u201d\u4e2d","block_context":{"text":"COVID-19","link":"https:\/\/www.govisachina.com\/zh\/category\/covid-19\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.govisachina.com\/wp-content\/uploads\/2021\/06\/1200px-APEC_logo_vertical_ai.svg_-678x381-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.govisachina.com\/wp-content\/uploads\/2021\/06\/1200px-APEC_logo_vertical_ai.svg_-678x381-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.govisachina.com\/wp-content\/uploads\/2021\/06\/1200px-APEC_logo_vertical_ai.svg_-678x381-1.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":1728,"url":"https:\/\/www.govisachina.com\/zh\/2021\/03\/15\/notice-on-visa-facilitation-for-applicants-inoculated-with-covid-19-vaccines-produced-in-china\/","url_meta":{"origin":2471,"position":1},"title":"Notice on Visa Facilitation for Applicants Inoculated with COVID-19 Vaccines Produced in China","author":"Visa China","date":"3\u6708 15, 2021","format":false,"excerpt":"In view of resuming people-to-people exchanges between China and other countries in an orderly manner, starting from 15 March 2021, the Office of the Commissioner of the Ministry of Foreign Affairs of China in the HKSAR will provide the following facilitation for visa applicants who have been inoculated with COVID-19\u2026","rel":"","context":"\u5728\u201cNews\u201d\u4e2d","block_context":{"text":"News","link":"https:\/\/www.govisachina.com\/zh\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2207,"url":"https:\/\/www.govisachina.com\/zh\/2021\/05\/18\/stronger-global-push-for-multilateralism-needed\/","url_meta":{"origin":2471,"position":2},"title":"Stronger global push for multilateralism needed","author":"Visa China","date":"5\u6708 18, 2021","format":false,"excerpt":"By Adhere Cavince\u00a0 President Xi Jinping used the Boao Forum for Asia Annual Conference in April to call on the international community to take tangible steps toward functional, inclusive and beneficial multilateralism. At a time when the world is facing common enemies such as the COVID-19 pandemic, climate change, poverty\u2026","rel":"","context":"\u5728\u201cCOVID-19\u201d\u4e2d","block_context":{"text":"COVID-19","link":"https:\/\/www.govisachina.com\/zh\/category\/covid-19\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2114,"url":"https:\/\/www.govisachina.com\/zh\/2021\/04\/10\/wuhans-rebirth-sparks-hope-for-post-pandemic-global-recovery\/","url_meta":{"origin":2471,"position":3},"title":"Wuhan’s rebirth sparks hope for post-pandemic global recovery","author":"Visa China","date":"4\u6708 10, 2021","format":false,"excerpt":"by Xinhua writer He Fei BEIJING, April 9 (Xinhua) -- It has been a year since China ended a 76-day lockdown in Wuhan, a central Chinese city that was once the epicenter of the country's coronavirus outbreak. With China's successful handling of the ravaging pathogen at home and anti-pandemic cooperation\u2026","rel":"","context":"\u5728\u201cNews\u201d\u4e2d","block_context":{"text":"News","link":"https:\/\/www.govisachina.com\/zh\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2126,"url":"https:\/\/www.govisachina.com\/zh\/2021\/04\/14\/inoculating-foreigners-in-china-helps-to-promote-vaccine-equity\/","url_meta":{"origin":2471,"position":4},"title":"Inoculating foreigners in China helps to promote vaccine equity","author":"Visa China","date":"4\u6708 14, 2021","format":false,"excerpt":"By Adhere Cavince Last month, China began inoculating foreigners living in the country with COVID-19 vaccines, on a voluntary basis. A number of cities, including Beijing and Shanghai, have rolled out the vaccination program aimed at providing equitable access to vaccines. The drive runs alongside a similar initiative to promote\u2026","rel":"","context":"\u5728\u201cLiving in China\u201d\u4e2d","block_context":{"text":"Living in China","link":"https:\/\/www.govisachina.com\/zh\/category\/living-in-china\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2401,"url":"https:\/\/www.govisachina.com\/zh\/2021\/07\/13\/providing-500-mln-vaccine-doses-to-world-china-aims-to-enhance-intl-cooperation-against-covid-19\/","url_meta":{"origin":2471,"position":5},"title":"Providing 500 mln vaccine doses to world, China aims to enhance int’l cooperation against COVID-19","author":"Visa China","date":"7\u6708 13, 2021","format":false,"excerpt":"BEIJING, July 13 (Xinhua) -- Chinese vaccines are gathering steam across the world, injecting strong impetus into the global fight against COVID-19 as deaths from the virus topped 4 million worldwide and variants spread to more than 100 countries. As a steadfast advocate for equitable vaccine distribution around the globe,\u2026","rel":"","context":"\u5728\u201cCOVID-19\u201d\u4e2d","block_context":{"text":"COVID-19","link":"https:\/\/www.govisachina.com\/zh\/category\/covid-19\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/posts\/2471"}],"collection":[{"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/comments?post=2471"}],"version-history":[{"count":1,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/posts\/2471\/revisions"}],"predecessor-version":[{"id":2472,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/posts\/2471\/revisions\/2472"}],"wp:attachment":[{"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/media?parent=2471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/categories?post=2471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.govisachina.com\/zh\/wp-json\/wp\/v2\/tags?post=2471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}