Apec members urged to ensure stability, resilience

RTHK - Oct 20, 2026

Minister of Finance Lan Foan on Tuesday called on Asia-Pacific economies to maintain economic stability in the region while enhancing resilience. The mainland official delivered the opening remarks for the Apec Finance Ministers' Meeting, which was held in Hong Kong for the first time. He said amid the changing global landscape and geopolitical conflicts, as well as a new round of technological revolution and industrial transformation, Asia-Pacific – as the engine of global economic growth – shoulders greater responsibility and should contribute to regional prosperity. He called on Apec economies to strengthen macroeconomic policy dialogue to maintain economic and financial stability in the region. Under the uncertain current international economic environment, economies should strengthen the robustness of their own macroeconomic policies while enhancing policy communication and coordination, he said. Lan also urged Apec members to accelerate economic transformation to enhance resilience. "Economies should seize the opportunities arising from digital and green transformation, advance innovative cooperation in fields such as artificial intelligence, the digital economy and green, low-carbon development, and cultivate new drivers of economic growth," he said. Lan also called for deepening financial cooperation and creating an open regional economic environment. He went on to say that initial progress had been made on four major topics proposed for...

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