China and Canada signed Sunday a foreign investment promotion and protection accord, while the final day of the Asia-Pacific Economic Cooperation (APEC) summit also saw the signing of a joint declaration by APEC economic leaders.

Meeting on the sidelines of the Economic Leaders' Meeting of APEC, Chinese President Hu Jintao said China-Canada ties had become more prominent.

He urged the two sides to preserve the "hard-won" momentum, strive to push the strategic partnership, and move forward on "a steady and healthy track."

Meanwhile, economic leaders of the APEC members on Sunday issued in Vladivostok a joint declaration that outlines the future development of the region.

Under the theme of "Integrate to Grow, Innovate to Prosper," the leaders agreed that international trade, investment and economic integration are key drivers of strong, sustainable and balanced growth.

Against the backdrop of a global economy, the leaders said they welcome European leaders' commitment to taking all necessary measures to safeguard the integrity and stability of the euro area.

"We remain committed to reducing imbalances by strengthening deficit economies' public finances with sound and sustainable policies that take into account evolving economic conditions and, in economies with large current account surpluses, by strengthening domestic demand and moving toward greater exchange rate flexibility," said the declaration.

The leaders agreed to ensure long-term fiscal sustainability while recognizing the need to support recovery within the available fiscal scope and reaffirming their commitment to strengthening a multilateral trading system.

Amid risk of protectionism and uncertainties in the global economy, the leaders pledged to refrain through the end of 2015 from raising new barriers to trade and investment, and not to impose new export restrictions or implement WTO-inconsistent measures.

On the WTO Information Technology Agreement (ITA), the leaders said they welcome the ongoing work to expand the product coverage and membership of the ITA.

The leaders also reached consensus on the development of green growth, in a bid to seek solutions to global environmental challenges.

Also on Sunday, Hu talked with Japanese Prime Minister Yoshihiko Noda and made clear China's position on its relations with Japan and the Diaoyu Islands issue.

On Saturday, Beijing and Moscow warned over the state of the global economy and urged Asian-Pacific countries to protect themselves by forging deeper regional economic ties, according to Reuters.

Hu said China would do all it could to strengthen APEC and boost prospects of a global recovery by rebalancing its economy, which, according to Reuters, is a key to Russia's decision to look to the Pacific Rim as it seeks to develop its economy.