Reports
2025 APEC International Seminar on the Application of Smart Technology to Textile Industry
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 to leverage the growing interdependence of the Asia-Pacific.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC has helped drive economic growth and cooperation across the Asia-Pacific by reducing trade barriers, improving the ease of doing business and strengthening connectivity among economies. These efforts have contributed to rising incomes, expanded trade and greater opportunities for businesses and communities across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.
APEC brings together governments, businesses and stakeholders to collaborate on shared priorities. Explore opportunities to participate in events, contribute to initiatives and engage with APEC’s work across the region.

Reports
•March 2024
Download Report
3MB
Published Under
Committee on Trade and Investment (CTI), Digital Economy Steering Group (DESG)
Accessed
2048
Pages
58
The global creative industry contributes USD 2.2 trillion annually, accounting for 3% of the world's GDP, though the sector's potential remains underexplored. Data reveals consistent growth in export-import activities, with a brief setback in 2020 due to the COVID-19 pandemic. APEC economies should recognize the upward trend as an opportunity for post-pandemic recovery and prosperity acceleration. COVID-19, despite its adverse effects, prompted innovations, such as online concerts and marketplaces. However, disparities in digital infrastructure and skills hindered some economies. Examining APEC economies' responses to the pandemic, this paper advocates for digital transformation as a crucial tool for economic recovery in the creative industry. Best practices, drawn from the APEC Workshop, emphasize market access, financing, and creative hubs. Recommendations, spanning short to long-term goals, propose public and private investment, digital platform utilization, creative hubs, skill integration, and the creative industry as a catalyst for new economic models. Bridging gaps between APEC economies is essential to harness the economic potential of the creative industry.
Reports
2025 APEC International Seminar on the Application of Smart Technology to Textile Industry
Proceedings
Strategies and Best Practices to Reduce Road Traffic Related to Trade in APEC Economies Using Technology and Artificial Intelligence
Reports
APEC Workshop: Towards Digital Trade Ecosystem in the Asia-Pacific Region