Asia-Pacific Economic Cooperation: Information Technologies Key to Growth

The Asia-Pacific Economic Cooperation outlined a new growth strategy that embraces increased use of information and communications technologies (ICT). Under a five-prong growth strategy, APEC has committed to realizing "smart socioeconomic activity through ICT applications." The growth meme includes promoting digital prosperity through investment in next generation broadband infrastructure; creating conditions ripe for emerging technologies such as cloud computing; and protecting effective privacy protections, among other initiatives. As part of the innovative growth strategy, APEC economies also committed to improving their "intellectual property rights protection and enforcement capabilities" through strengthening efforts to "develop a global IP infrastructure."