Since 1989, APEC’s 21 member economies have been working to improve prosperity in the Asia-Pacific by promoting trade and economic ties while addressing sustainability and social equity.
25 years later, the region has reaped the benefits. Growth has soared, with real GDP doubling from just USD 15 trillion in 1989 to USD 30 trillion in 2012. Meanwhile, residents of the Asia-Pacific saw their per capita income rise by 36 per cent, lifting millions out of poverty and creating a growing middle class in just over two decades.
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