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As the top-level and most representative cooperation mechanism that covers a wide range of areas in the Asia-Pacific, the 21-member APEC has played an important role in advancing trade liberalization and facilitation, promoting economic integration and boosting connectivity.
"In the long run, almost all of the growth really has to come from smarter processes in companies and better technology," he added.
Tristram Sainsbury, a research fellow at the Sydney-based Lowy Institute for International Policy, hailed the Chinese presidency as one of the "most highly anticipated" years in the G20's short history as a high-level forum.
Li urged the two sides to seize the opportunities of such synergy and strengthen their cooperation in innovation, intelligent manufacturing and development and research of high-end technology so as to boost the transformation and upgrading of their economies, promote regional inter-connectivity and realize mutual benefits and common development.
Chowdhury thanked China for its support to IPU's work and its important contribution to the success of the Fourth World Conference of Speakers of Parliament from Aug. 30 to Sept. 2.
来源：资阳报