Advancing Global Value Chain Development and Supply Chain Connectivity

16. Recognizing that Global Value Chains (GVCs) have become a dominant feature of the global economy and offer new prospects for growth, competitiveness and job creation for APEC economies at all levels of development, we endorse the APEC Strategic Blueprint for Promoting Global Value Chain Development and Cooperation (Annex B). We welcome the progress made in the measurement of Trade in Value Added (TiVA), services, SMEs and GVCs resilience, etc., and instruct officials to advance the work through the CTI Friends of the Chair Group on GVC to put forward new initiatives under the Strategic Blueprint in 2015 and beyond.

17. We endorse the Strategic Framework on Measurement of APEC TiVA under GVCs and the Action Plan on this Strategic Framework. We instruct the newly-formed technical group to work closely with the WTO, OECD, the World Bank, UNCTAD and other related international organizations, with an aim to complete the construction of the APEC TiVA Database by 2018.

18. We endorse the Terms of Reference of Promoting SME's Integration into GVCs, and welcome the launch of the related activities. We instruct officials to make efforts in advancing this work.

19. We welcome the commitment of APEC economies to move forward with the implementation of the WTO Trade Facilitation Agreement, including the notification by many APEC developing economies of their category A TFA obligations. We welcome, as well, the progress this year in improving the performance of APEC supply chains through targeted, focused capacity building and technical assistance. In this regard, we applaud the establishment of the APEC Alliance for Supply Chain Connectivity, which will contribute to our goal in achieving a ten percent improvement of supply chain performance by the end of 2015 and our broader supply chain connectivity objectives. We encourage economies to increase the resources of the APEC Supply Chain Connectivity Sub-Fund to ensure that our capacity building and technical assistance projects succeed to meet our ten percent performance improvement goal and to further our trade facilitation objectives.

20. We agree to establish the Asia-Pacific Model E-port Network (APMEN) and welcome the first batch of APEC Model E-ports nominated by the APEC economies. We endorse the Terms of Reference of the APMEN and agree to set up the APMEN operational center in the Shanghai Model E-port, and instruct officials to make further efforts to contribute to regional trade facilitation and supply chain connectivity.

21. We positively value the APEC High-level Roundtable on Green Development and its declaration, and agree to establish the APEC Cooperation Network on Green Supply Chain. We endorse the establishment of the first pilot center of APEC Cooperation Network on Green Supply Chain in Tianjin, China, and encourage other economics to establish the pilot centers and advance related work actively.

22. We endorse the APEC Customs 3M (Mutual Recognition of Control, Mutual Assistance of Enforcement and Mutual Sharing of Information) Strategic Framework. We instruct officials to further simplify and coordinate APEC customs procedures based on the 3M Framework to facilitate the development of regional trade. We encourage APEC members' customs authorities to continue strengthening cooperation and coordination in pursuit of the 3M vision, to push forward comprehensive connectivity and make greater contributions to the sustainable development of trade and regional economic integration in the Asia-Pacific region.

23. We recognize that the use of standardized codes will enable information about traded goods to be easily understood and shared by all parties. We therefore encourage APEC economies to work with the private sector to promote further cooperation on global data standards and their wider use by developing pilot projects.

24. We welcome the initiative on manufacturing related services in supply chains/value chains as a next generation trade and investment issue, and instruct officials to develop a plan of action in 2015.

Strengthening Economic and Technical Cooperation

25. We endorse the APEC Strategic Plan on Capacity Building to Promote Trade and Investment Agenda which adopts a strategic, goal-oriented and multi-year approach. We instruct officials to take the Strategic Plan as a guide to develop and implement more tailor-made capacity building programs that contribute to the core trade and investment liberalization and facilitation agenda of APEC.

26. We encourage economies, particularly developed economies, to provide more contributions to ECOTECH and capacity building, to achieve our goal of bridging development gaps, and help member economies to meet their APEC commitments and their economic growth objectives.

27. We welcome the initiative to upgrade the Asia Pacific Finance and Development Center (AFDC) to the Asia Pacific Finance and Development Institute (AFDI).