World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 


APEC empowering women for Asia-Pacific prosperity

APEC empowering women for Asia-Pacific prosperity


Issued by the APEC Women and the Economy Forum


Beijing, China, 23 May 2014 - The development of innovative, trade-boosting technologies are opening the door to greater empowerment of women in the economy and the focus of a joint gathering of APEC Ministers and private sector leaders in Beijing to promote more inclusive and robust growth in the Asia-Pacific.

Opportunities for greater women’s entrepreneurship and involvement in trade through mobile-based smart technology and electronic commerce, and steps to advance this process are being addressed by delegates at the two-day APEC Women and the Economy Forum that concludes on Friday.

“Women are important producers of both material and cultural wealth, and are also key drivers of development,” said Shen Yueyue, Vice Chairperson of China’s Standing Committee of the National People’s Congress and President of the All-China Women’s Federation. “More efforts are needed to facilitate achievement of women’s full potential, particularly through skills and capacity building, inclusive growth and cooperation network building.”

Around 600 million women currently participate in the labor force across the 21 APEC member economies. But just over 60 per cent of women in the region work in formal economic sectors and productivity within this demographic is still largely untapped.

In China, women constitute 46 per cent of the workforce and only 21 per cent of businesses there were women-owned in 2012.

“Actions are being taken in China to help women realize their full potential and enhance their economic empowerment,” said Song Xiuyan, Chair of the 2014 APEC Women and Economy Forum and Vice Chairperson of China’s National Working Committee on Children and Women under the State Council. “We'd like to share experiences with and learn from other APEC economies.”

Mobile technology and e-commerce platforms offer new ways for women to start their own businesses while balancing family life, delegates noted. Mobile app development and online stores are among the range of new and attractive options.

“Today women have a better environment for growth,” said Diane Wang, representative from the APEC Business Advisory Council, China, and Founder and CEO of DHgate.com, a leading online marketplace for goods manufactured in China.

“We have seen many women in China start their own businesses on an e-commerce platform to access international markets and micro-finance,” Wang explained. “APEC can help women better leverage these new e-commerce and mobile technologies.”

Delegates identified areas where greater policy action is required and coordination between economies can support their adoption.

“When we look at business opportunities, I don’t think there are boundaries anymore,” said Lois Brown, Parliamentary Secretary to Canada’s Minister of International Development. “E-commerce offers exciting new ways for women, even my own daughter, to start their own global online businesses.”

“There is much we can do on the policy side to facilitate women entrepreneurship in e-commerce, from making it easier to start a business with one-stop shop licensing to increasing financial literacy of women entrepreneurs,” Brown concluded.

Reducing the time to start a business through the cutting of administrative red tape is a priority within APEC and a component of member economies’ collaborative work to achieve a 25 per cent improvement in the ease of doing business in the region by 2015.

APEC Small and Medium Enterprise Ministers and Finance Ministers will assess policy progress towards enhancing financial awareness and access to funding among entrepreneurs and start-up companies, and chart the way forward, when they meet on 5 September in Nanjing and 21-22 October in Beijing, respectively.

Ends

© Scoop Media

 
 
 
 
 
World Headlines

 


21 Egyptians Beheaded

Egyptian jets bombed Islamic State targets in Libya on Monday, a day after the group there released a video showing the beheading of 21 Egyptian Christians, drawing Cairo directly into the conflict across its border. More>>

Protests In Bil’in Honoring Slain US Citizens

Protesters at demonstration in Bil’in honoring slain US citizens face attacks and arrests by Israeli forces. More>>

Resolution Targeting Sources Of Financing For ISIL

Ambassadors representing two countries under attack from ISIL, Bashar Ja’afari (right) of Syria, and Mohamed Ali Alhakim of Iraq, speak to journalists following the adoption of a Security Council resolution targeting sources of financing for ... More>>

ALSO:

  • U.S. Department of State - Support for Authorization for Use of Military Force
  • "Pakistan Probably Harboured Osama Bin Laden"

    Former ISI head Lt. Gen. Asad Durrani tells Al Jazeera Pakistan probably harboured Osama Bin Laden More>>

    "Pakistan Probably Harboured Osama Bin Laden"

    Former ISI head Lt. Gen. Asad Durrani tells Al Jazeera Pakistan probably harboured Osama Bin Laden More>>

    ISM Honours Kayla Mueller

    Abdullah Abu Rahma, coordinator of the popular committee in the village of Bil’in where Kayla joined the protests, told ISM: “Kayla came to Palestine to stand in solidarity with us. She marched with us and faced the military that occupies our ... More>>


    US Measles Outbreak: UN Urges Parents Vaccinate Children

    3 February 2015 – Parents in the United States must vaccinate their children against measles in order to maintain the high levels of immunity necessary in keeping outbreaks of the aggressively contagious virus small and contained, the United Nations World ... More>>

    Ebola: Large-Scale Vaccine Trials Under Way In Liberia

    WHO welcomed the donation by the Public Health Agency of Canada of 800 vials of one of the leading candidate Ebola vaccines, rVSV-ZEBOV. Photo: WHO/M. Missioneiro (file) More>>

    Security Council Denounce Murder Of Jordanian Pilot

    3 February 2015 – For the second time in as many days, Secretary-General Ban Ki-moon and the United Nations Security Council have jointly condemned the brutal killing of a civilian by the Islamic State of Iraq and the Levant (ISIL) – this time deploring ... More>>

    Get More From Scoop

     
     
     
     
     
    World
    Search Scoop  
     
     
    Powered by Vodafone
    NZ independent news