Over 2,000 political, business leaders to attend APEC CEO Summit in Shenzhen

More than 2,000 political and business leaders will attend the APEC CEO Summit, which is scheduled to be held in Shenzhen, south China's Guangdong Province, from Nov. 17 to 18, said the China Council for the Promotion of International Trade (CCPIT) on Sunday.

Li Qingshuang, vice chairperson of the CCPIT, briefed the media on the summit at a press conference in Shenzhen. "As an important part of the APEC Economic Leaders' Week, the APEC CEO Summit 2026 will be held at the Qianhai International Convention Center in Shenzhen from Nov. 17 to 18. President Xi Jinping will attend the opening ceremony of the summit and deliver a keynote speech. Leaders from other APEC economies -- Australia, Canada, Chile, China's Hong Kong Special Administrative Region, Indonesia, the Republic of Korea, Malaysia, Mexico, Russia, Thailand and Vietnam -- will attend the summit during which they will deliver speeches and addresses or participate in special topic discussions," Li said.

"More than 2,000 political and business leaders will gather in Qianhai. The participating enterprises include 115 Fortune Global 500 companies. The number of participating enterprises from the United States ranks first among foreign economies, accounting for nearly 20 percent of the total. All the preparations for the summit have now been completed," she said.

"Core topics and special topic discussions at the summit will focus on Jointly Crafting a New Blueprint of Connectivity, Building an Open and Inclusive Artificial Intelligence Innovation Ecosystem, Building a New Paradigm for Sustainable Development in the Asia-Pacific, Jointly Charting a New Journey for the Free Trade Area of the Asia-Pacific, Exploring a New Path for the Digital Economy Cooperation, The Guangdong-Hong Kong-Macao Greater Bay Area and Asia-Pacific Development Opportunities, and Promoting Synergized Digital and Green Transformation. The Shenzhen Initiative at the APEC CEO Summit 2026 will be also released," said the vice chairperson.

The People's Bank of China (PBOC), the central bank, said that it raised forex reserve requirement ratio (RRR) for financial institutions from four percent to six percent, effective Sunday. The increase will help promote a balance between supply and demand in the foreign exchange market and break self-fulfillment of expectations of yuan appreciation, said the PBOC.