APEC
【正确答案】：It refers to Asia Pacific Economic Cooperation, set up at the Ministerial Meeting in Australia. It has a five-layer organizational structure. It was not exactly on organization but the official forum. In 1991, China joined APEC as a sovereign state. Its tenet and objects are inter-dependence mutual benefits, adopting an open and multilateral trading system and reducing trade barriers.
APEC
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