Xin Lang Cai Jing·2025-12-29 15:11Group 1 - The APEC 'China Year' has officially commenced, with the China Council for the Promotion of International Trade (CCPIT) taking over the hosting rights for the 2026 APEC Business Leaders Summit and the APEC Business Advisory Council (ABAC) from South Korea [1] - APEC is the highest-level economic cooperation mechanism in the Asia-Pacific region, focusing on trade and investment liberalization and regional economic integration [1] - The ABAC, consisting of 63 representatives from 21 economies, is the only permanent institution representing the business community within the APEC framework [1] Group 2 - The 2026 ABAC annual activity plan has been unanimously approved, with four meetings scheduled in Jakarta (February), Mexico City (April), Thailand (July), and Shenzhen (November) to formulate policy recommendations for the APEC leaders [2] - In addition to organizing ABAC activities, the CCPIT is also actively promoting the preparations for the 2026 APEC Business Leaders Summit [2]