BUSINESS · VERIFIED DEVELOPMENT
Apec Finance Ministers' Meeting Ends with Positive Outcome
WHY IT MATTERS
The meeting's outcome is expected to boost Hong Kong's international reputation and create opportunities for local businesses to expand overseas, ultimately benefiting the city's economy.
What happened
Financial Secretary Paul Chan described the Apec Finance Ministers' Meeting as candid and substantive, covering key topics such as macroeconomic policies, infrastructure financing, and digital co-operation. The meeting, hosted by Hong Kong, resulted in a joint statement that Chan hailed as a rare achievement, given the diverse positions and considerations of participating economies.
The outcome is expected to promote cross-border financing and listings, creating opportunities for Hong Kong and mainland enterprises to expand overseas. Members of the 21 participating Apec economies toured various parts of Hong Kong, leaving with a positive impression of the city's hosting capabilities.
Chan expressed confidence that the meeting had given participants a better understanding of Hong Kong's unique position under 'one country, two systems'.
PRIMARY SOURCES
Apec discussions candid and substantive: FS
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