Held in the southern city of Fuzhou for the first time, the sixth APEC Small and Medium Enterprises Economic Cooper?ation Technology Conference and Fair opened on July 1.
Founded in 1989, the Pacific Economic Coopera?tion (APEC) organization now has 21 members with a combined population of 2.7 billion people — 45 percent of the world total.
Its small and medium enterprise (SME) technol?ogy conference and fair is among the most influential for member economies and is the largest APEC event held in China.
The economic output of APEC economies compris?es 55 percent of the global total, while their combined trade accounts for 46 per?cent of the world figure.