Finance minister to chair Apec meeting in HK

Finance Minister Lan Foan will preside over the Apec Finance Ministers Meeting scheduled for next Tuesday and Wednesday in Hong Kong, as announced by mainland authorities. According to the Ministry of Finance in Beijing, Lan will preside over the gathering while Vice Finance Minister Liao Min will represent the country. The inaugural meeting, set to take place in Hong Kong, will see participation from finance ministers or representatives of 21 Apec economies, along with representatives from international organizations.

The ministry has identified four principal subjects for discussion during the meeting: policies that bolster individual welfare, financing digital infrastructure, fostering financial inclusion according to local circumstances, and enhancing exchanges and collaboration among young finance professionals. It further elaborates that the meeting functions as a crucial forum for Asia-Pacific nations to enhance communication on macroeconomic strategies and financial collaboration, enabling representatives from Apec economies to engage in dialogue.

Besides the main meeting, a series of exchange activities are planned, including a closed-door session among finance ministers and a luncheon with Asian-Pacific business representatives on Tuesday, prior to the commencement of the finance ministers meeting, and a press conference the following day.