UNDER the Philippines’ chairmanship, this year’s APEC focuses on building economies that feature ‘inclusive growth.’

“Inclusive growth is where economic progress enables the betterment of our peoples; and where those empowered peoples can open the doors wider to even greater progress, spurring a virtuous cycle of empowerment and continuous development,” explained President Benigno Aquino 3rd during the opening ceremony of APEC at the Green Sun Hotel in Makati City on December 1, 2014.

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