The Philippines has officially launched the preparations for the Asia-Pacific Economic Cooperation (APEC) 2015 summit as the host country, focusing on building economies that feature inclusive growth as the theme of the regional gathering.

“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,” President Benigno S. Aquino 3rd said in his speech at the opening ceremony at the Green Sun Hotel in Makati City late Monday.

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