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China, US Business Representatives Propose Joint APEC Supply Chain Cooperation

Chinese and US business representatives jointly proposed strengthening Asia-Pacific supply chain cooperation at the fourth APEC Business Advisory Council meeting, the China Council for the Promotion of International Trade said at a Nov. 15 press conference in Shenzhen. Chinese delegates also submitted proposals on AI applications, zero-carbon transport, cross-border QR code payments, green agriculture and supply chain cooperation, and joined Canadian counterparts on an “AI Plus” initiative.

Original source

AI take

The significance here lies less in any binding outcome than in the channel: business councils are where US-China commercial dialogue can continue when formal tracks are strained, and the agenda — AI applications, cross-border QR payments, zero-carbon transport — maps directly onto the infrastructure RWA and payments tokenization depend on. The proposals are advisory, so their weight will be judged by whether any surface in APEC leaders' language. Worth watching is whether the Canada-backed 'AI Plus' thread draws broader co-sponsorship, which would signal the cooperation is widening beyond a bilateral gesture.

Generated by AI for reference only.

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