San Francisco has beaten out other major U.S. cities to host the Asia-Pacific Economic Cooperation (APEC) summit, bringing the highest-profile international event in eight decades to the Bay Area. The summit is an opportunity for San Francisco to showcase itself as a vibrant and open city for business. The summit began on November 11 and will conclude on November 17, with the APEC Economic Leaders’ Meeting on November 16-17.
According to Matt Murray, the U.S. State Department’s senior official for APEC, San Francisco was chosen because it was the perfect encapsulation of what they were trying to promote on the policy side. San Francisco officials have been preparing for months, hoping for a big return on their investment. The summit is expected to draw thousands of people, including world leaders, CEOs, protesters, and foreign press.
The summit’s main goal is to spur trade and economic growth across the Pacific region. Climate issues will also be a focus, as APEC economies aim to become more resilient in the face of growing climate challenges. The summit will also address other policy areas, including the digital economy, clean energy and climate, health, gender equity and equality, anti-corruption, and food security.
The APEC CEO Summit will be held from November 14-16, drawing business leaders and entrepreneurs from around the region to discuss sustainability, inclusion, resilience, and innovation. San Francisco leaders and businesses are encouraging APEC attendees to explore the city and experience it for themselves.
San Francisco’s hosting of the APEC summit is a significant event for the city and the Asia-Pacific region. The summit provides an opportunity for leaders to discuss trade, climate, and other issues, and for San Francisco to showcase itself as a vibrant and open city for business.