BUSINESS · VERIFIED DEVELOPMENT
APEC Finance Ministers Reach Consensus Ahead of Leaders’ Summit in Shenzhen
WHY IT MATTERS
The joint statement provides a unified framework for APEC members to address AI risks, green finance, and regional liquidity, positioning Hong Kong as a key facilitator for Asia’s economic stability and cooperation.
What happened
The APEC Finance Ministers’ Meeting, held in Hong Kong, concluded with a joint statement that will precede the leaders’ summit in Shenzhen next month. Delegates agreed to deepen coordination on fiscal and monetary policy, digital infrastructure, green finance, and talent cultivation.
They also highlighted the need for inclusive measures to mitigate income and wealth risks linked to artificial intelligence and geopolitical tensions. Hong Kong’s Secretary for Financial Services, Christopher Hui, emphasized the city’s role as an accelerator of regionalisation and a stabilising voice in an increasingly divided world.
Hui noted Hong Kong’s experience with AI deployment in financial services and its ambition to become an Asian hub linking global gold standards with regional liquidity. The meeting’s outcomes set a collaborative tone for the upcoming summit and signal a coordinated approach to emerging economic challenges.
PRIMARY SOURCES
Apec finance chiefs' meet 'perfect prelude to summit'
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