BEIJING/GYEONGJU: China will host the APEC Economic Leaders’ Meeting in November 2026, as announced by President Xi Jinping on Saturday. This significant event will take place in Shenzhen, a thriving city in southern China, known for its rapid economic development and modernization.
The announcement came during the concluding session of this year’s APEC summit held in Gyeongju, South Korea, where leaders from 21 economies discussed pressing economic and trade issues. Xi’s statement emphasizes China’s continued commitment to multilateral cooperation in the Asia-Pacific region.
This marks China’s third time hosting the APEC leaders’ meeting, having previously organized it in 2001 and 2014. The 2026 summit is expected to draw significant global attention, given the geopolitical and economic challenges facing member nations. APEC facilitates economic growth and cooperation among nations that possess diverse economies, from developed nations to emerging markets.
Shenzhen’s selection as the host city highlights its role as a global tech hub, a transit point for trade, and a center for innovation. The city has rapidly transformed into a metropolitan powerhouse and is likely to showcase its achievements during the summit.
President Xi Jinping expressed optimism regarding APEC’s potential to foster deeper economic integration and address shared challenges, stating, “The APEC summit will serve as a platform to enhance trust and strengthen cooperation.” His remarks resonate with APEC’s ongoing goal of supporting free trade and promoting economic growth.
The Asia-Pacific Economic Cooperation forum, established in 1989, plays a crucial role in facilitating economic cooperation across the region. Member economies account for approximately 60% of the global GDP and more than 50% of international trade.
As global challenges continue to evolve, the upcoming APEC summit is expected to address critical issues such as climate change, digital trade, and sustainable development. Experts anticipate that leaders will prioritize collective action and bolster partnerships to foster post-pandemic recovery efforts.
Overall, this key meeting next year in Shenzhen not only represents China’s commitment to regional cooperation but also underscores the nation’s increasingly influential position in global economic discussions.
