by Gao Chuan and Zhang Yongxing
SINGAPORE, Nov. 7 (Xinhua) -- China has been an extremely constructive player and a great contributor in the Asia Pacific Economic Cooperation (APEC), a senior APEC official has said.
In an exclusive interview with Xinhua on the eve of the upcoming APEC leaders' summit in Singapore, Michael Tay, the 17th Executive Director of the APEC Secretariat, said that the present economic crisis has caused a shift of gravity toward the Asian side of the Pacific. The economies which are recovering the fastest are the most dynamic Asian economies, particularly China.
"With the biggest population in the world, China is also one of the most open economies in the world," he said. "Every year when the APEC meetings take place, you can see China being transformed. New zones were created to encourage more investments into China."
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