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According to the blueprint proposed in “2011 Honolulu Declaration”, “2012 Vladivostok Declaration”, “2013 Bali Declaration”, and “2014 Beijing Declaration”, the innovative growth strategy is closely related to regional cooperation, human resource exchange, and infrastructure development. APEC leaders committed to fostering a pragmatic, efficient and vigorous partnership on STI. In 2017, Leaders' Declaration emphasized the importance of innovation, science and technology as key drivers for economic growth and international trade and investment in the APEC region. Furthermore, APEC Putrajaya Vision 2040 which launched in 2020 indicates the APEC is in position to further advance the Bogor Goals. Guided by the goal of building an open, dynamic, resilient and peaceful Asia-Pacific community by 2040, APEC members will explore new frontiers for cooperation in the priority areas of trade and investment, innovation and digitalization, and strong, balanced, secure, sustainable and inclusive growth. The Vision states that APEC will foster an enabling environment that is market-driven and supported by digital economy and innovation, and pursue structural reforms and sound economic policies to promote innovation as well as improve productivity and dynamism, which will empower all the people and businesses in the region to participate and grow in an interconnected global economy. Later on in 2021, APEC leaders adopted the Aotearoa Plan of Action as a plan for implementing the Putrajaya Vision 2040.

PPSTI Strategic Plan (2016-2025)

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