China Says APEC Finance Ministers Agree to Boost Policy Coordination
Ministers also backed a policy statement on digital infrastructure financing and deeper cooperation with banks and private investors.
- On Wednesday, October 21, 2026, Asia-Pacific Economic Cooperation finance ministers concluded a two-day gathering in Hong Kong, reaching a consensus on macroeconomic policy coordination to address external risks and challenges.
- Chinese Minister of Finance Lan Foan said members agreed to enhance fiscal and financial systems to better handle uncertainty and safeguard regional economic and financial stability.
- A policy statement encouraged members to develop "reliable, accessible, scalable, trusted, secure and resilient digital infrastructure" to accelerate digital transformation across the Asia-Pacific region.
- Delegates reached a consensus on "promoting practical cooperation in the financial sector," Lan said, with outcomes addressing fiscal policies supporting households and opportunities for young finance professionals.
- Outcomes from the Hong Kong meeting will shape discussions at the APEC economic leaders' summit in Shenzhen next month, as China works to implement the consensus reached.
17 Articles
17 Articles
The Chinese Minister of Finance said that the finance ministers of the member States of the Asia-Pacific Economic Cooperation Forum (APEC) had agreed to strengthen coordination on macroeconomic policies to counter risks.
Finance ministers agree to strengthen economic coordination, digital infrastructure financing amid US-China differences over AI regulation
APEC Finance Meeting: Finance ministers gather in Hong Kong to discuss economic outlook, fiscal policies and investment
China's Hong Kong Special Administrative Region is hosting the APEC Finance Ministers' Meeting. It brings together finance ministers to assess the economic outlook and strengthen fiscal policies that support growth across the Asia-Pacific. The ministers will discuss topics such as economic growth, support for households, and funding for digital infrastructure. Associated Press correspondent Anne Cheng has more from Hong Kong.
South China Morning Post
BizTocApec finance ministers reach consensus on AI, digital financing in Hong Kong
Asia-Pacific Economic Cooperation (Apec) finance chiefs reached a consensus on economic policy coordination and cooperation on financing technology and artificial intelligence at a landmark two-day gathering in Hong Kong, according to China’s finance minister. Lan Foan said the outcomes achieved during the Apec Finance Ministers’ Meeting would help shape discussions at the leaders’ summit in Shenzhen next month. “China will work with all member …
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