Lower Digital Barriers Key to Small Business-Led Growth

Lower Digital Barriers Key to Small Business-Led Growth

According to the recommendations of the APEC Business Advisory Council meeting held in Shenzhen on August 1-4, 2016, steps to enhance access to the internet and use of electronic commerce within the sector open up new market opportunities for small businesses.
The recommendations will be considered by APEC Senior Officials and technical working groups when they convene in Lima, Peru, later this month to engineer measures for optimizing growth and living standards in the region.


Small and medium enterprises account for more than 97 per cent of all businesses, 60 per cent of GDP and half of the labor force across the 21 APEC member economies. But the sector’s participation in trade remains disproportionately low.
Press-release at the official APEC web-site