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urbanization. We realize that sustained and healthy development of urbanization is conducive to promoting innovative growth and realizing robust Alvin Kamara Hat , inclusive and sustainable development in the Asia-Pacific.

52. We commend the constructive work undertaken by APEC this year in promoting urbanization cooperation in the Asia-Pacific region, and endorse the APEC Cooperation Initiative for Jointly Establishing an Asia-Pacific Urbanization Partnership.


53. Recognizing the range of urbanization challenges and opportunities across APEC economies, we commit to collectively promote cooperation projects, and to further explore pathways to a new-type of urbanization and sustainable city development, featuring green,energy efficient Drew Brees Hat , low-carbon and people-orientation.


III. Strengthening Comprehensive Connectivity and Infrastructure Development


54. We recognize that strengthening comprehensive connectivity and infrastructure development will help open up new sources of economic growth, promote cooperation and mutual assistance, and advance prosperity and the spirit of community in the Asia-Pacific region. We commend the achievements already made by APEC in connectivity and infrastructure development cooperation.


55. We endorse the APEC Connectivity Blueprint for 2015-2025 (Annex D). We are committed to implementing the APEC Connectivity Blueprint and achieving the overarching goal of strengthening physical, institutional and people-to-people connectivity by taking agreed actions and meeting agreed targets by 2025, with the objective of achieving a seamless and comprehensively connected and integrated Asia Pacific.


56. We commit to solve the financing bottleneck of infrastructure development. We commend the work and progress accomplished under the APEC Finance Ministers' Process (FMP) in infrastructure investment and financing cooperation. We recognize, in particular Rick Leonard Hoodie , efforts in promoting PPP on Infrastructure, such as compiling demonstrative infrastructure PPP projects, advancing the work of the PPP Experts Advisory Panel, strengthening capacity building of Indonesia's Pilot PPP Center, and carrying on capacity building project of PPP pilot demonstration and standard contract making. We welcome the Implementation Roadmap to Develop Successful Infrastructure PPP Projects in the APEC Region to guide APEC's future work in this aspect. We welcome the establishment of the PPP Center in China as a center of excellence.


57. We encourage member economies to strengthen energy infrastructural development and connectivity, such as oil and natural gas pipelines and transmission networks Tre'Quan Smith Hoodie , LNG terminals, smart grids and distributed energy systems on the basis of shared interest and mutual benefit.


58.

SEOUL, Nov. 18 (Xinhua) -- The South Korean shares ended a three-day fall Tuesday as European Central Bank (ECD) President Mario Draghi's comments spurred expectations that Europe is on the verge of expanding its quantitative easing.


The benchmark Korea Composite Stock Price Index (KOSPI) jumped 23.38 points, or 1.2 percent, to close at 1,967.01. Trading volume stood at 243.9 million shares worth 4.1 trillion won (3.73 billion U.S. dollars).


Draghi said during a testimony to the European Parliament that he may add stimulus if inflation fails to an anticipated level Marcus Davenport Hoodie , indicating an expansion of its bond-buying program to government bonds.


Foreign investors bought local stocks by more than 200 billion won, and local institutions purchased shares worth about 50 billion won. Retail investors reduced stock holdings by 295.5 billion won.


Expectations remained for an additional stimulus package in Japan as the world's third-largest economy posted a negative growth in the third quarter. Japan's gross domestic product shrank 1.6 percent in the third quarter from a year earlier, missing market expectations of an over 2-percent growth.


Most large-cap shares gained ground. Market bellwether Samsung Electronics rose 1.2 percent, and memory chip giant SK Hynix gained 1.1 percent. Naver, the owner of most-used search engine, climbed 2.6 percent Sheldon Rankins Hoodie , and the No.1 mobile operator SK Telecom jumped 4.6 percent.


Samsung SDS, the technology services unit of Samsung Group, South Korea's largest conglomerate, surged more than 8 percent, becoming the fourth-largest share in terms of total market value. The company was listed on the main bourse on Nov. 14.


Financial shares lost ground. Top life insurer Samsung Life Insurance declined 2.4 percent, and leading banking group KB Financial Group lost 1 percent.


The South Korean currency finished at 1 Alex Anzalone Hoodie ,099.0 won against the greenback, down 5.1 won from Monday's close.


Bond prices ended higher. Yields on the liquid three-year treasury notes fell 0.9 basis points to 2.180 percent, and the return on the benchmark 10-year government bonds lost 1.4 basis points to 2.748 percent.


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