China's Ministry of Finance reported that the meeting of the finance ministers of the Asia-Pacific Economic Cooperation (APEC) concluded in the Special Administrative Region of Hong Kong, Southern China, on Wednesday, yielding several practical results.
During the meeting, the Joint Statement of APEC Finance Ministers for 2026 and the Political Statement on Financing Digital Infrastructure in the Asia-Pacific region were discussed and approved. This provided guidance for deepening financial cooperation among APEC economies.
Furthermore, the meeting produced other outcomes, including a report on fiscal policy considerations to support economic growth in APEC and a collection on financial access and opportunities for all participants.
Members of the economies also agreed to promote capacity building and experience exchange for young financial professionals in the Asia-Pacific region.
China's Finance Minister Lan Foan, who chaired the meeting, emphasized the significance of APEC as a leading platform for strengthening macroeconomic policy coordination and advancing regional economic integration.
Lan stated that all members must remain committed to implementing the consensus reached at the APEC economic leaders' meeting, uphold multilateralism, and deepen pragmatic fiscal and financial cooperation, thereby contributing to regional economic and financial stability, as well as long-term sustainable growth.
The meeting, which took place from Tuesday to Wednesday, attracted over 300 delegates from APEC member countries, APEC observers, and relevant international organizations.
Within the framework of the meeting, participants discussed issues such as global and regional economic and financial prospects, fiscal policy to support households, financing digital infrastructure, access to finance and opportunities for all, as well as dialogue among young APEC financial talents.
Lan presented the ongoing positive momentum of the Chinese economy, characterized by increased innovation, improved quality of growth, and stable progress. He stressed that China is firmly committed to continuing its course of high-quality development, accelerating the formation of new growth drivers, and intensifying efforts to expand domestic demand.
He added that China will continue to promote high-standard openness and create new opportunities for the Asia-Pacific region and beyond through the further development of Chinese modernization.