In doing so, we will remain mindful of the need to promote protection of worker rights. We will continue to support South Korea, Thailand and Indonesia as they implement economic reforms designed to foster financial stability and investor confidence in order to attract the capital flows required to restore economic growth. U.S. initiatives in APEC will open new opportunities for economic cooperation and permit U.S. companies to expand their involvement in substantial infrastructure planning and construction throughout the region. We will continue our efforts to encourage all Asia Pacific nations to pursue open markets. Bringing the PRC more fully into the global trading system is manifestly in our national interest.
China is a major potential market for our goods and services.
As we look into the next century, our exports to China will support hundreds of thousands of jobs across our country. For this reason, we must continue our normal trade relationship with China, as every President has done since 1980, to strengthen our economic relationship. An important part of integrating China into the market-based world economic system is opening China's highly protected market through elimination of trade barriers and removal of distorting restraints on economic activity. We have negotiated and vigorously enforced landmark agreements to combat piracy of intellectual property and advance the interests of our creative industries. Most recently, we reached agreement to bring China into the World Trade Organization on fair commercial terms - a landmark accord that will create jobs and opportunities for Americans through opening of Chinese markets, promote economic reform in China, and help spread the message and the tools of freedom to the Chinese people.