The APEC Economies China Studies Scholars Forum opened on June 12 in Guangzhou, convening nearly 100 experts and scholars from 16 APEC member economies to discuss the theme, "China's Development and the Shared Future of the Asia-Pacific."
Speaking at the forum, Jack Kariko, Investment Advisor at the Office of Papua New Guinea (PNG), highlighted that as a developing nation, PNG has historically faced significant challenges in establishing reliable supply chains. He noted that the strategic partnership between Guangzhou and PNG is creating reliable market access, thereby substantially enhancing the living standards of local PNG farmers and business owners.
"I think we struggle to have that type of efficient access to the market so that our products can be marketed properly and the supply chain is effective [and] reliable," Kariko stated.
He noted that the connection with Guangzhou, a major economic and logistical hub in southern China, provides the ideal strategic partnership required to bridge this gap.
Kariko pointed out that reliable market access enables local farmers to tap directly into demand, allowing them to get fair and competitive prices for their quality products.
"In terms of economic development within a family unit itself, I think it raises living standards for local farmers and their families," Kariko said. He explained that the increased income provides families with disposable capital to access essential services and highlighted Guangzhou's role in fostering tangible, mutually beneficial economic development with developing nations through robust supply chains and sustainable trade networks.
Reporter | Yuan Zixiang
Article & Script | Guo Chuhua
Video | Guo Hongda
