Finance minister to chair Apec meeting in HK

Minister of Finance Lan Foan will lead China's delegation at the upcoming Apec Finance Ministers Meeting, set to take place in Hong Kong on Tuesday and Wednesday, according to mainland authorities. The Ministry of Finance announced that Lan will preside over the proceedings, with Vice Finance Minister Liao Min representing the country during her absence.

The first Apec Finance Ministers Meeting to be held in Hong Kong will gather finance ministers or representatives from 21 Apec economies, along with representatives from various international organizations.

Four key topics have been proposed for discussion during the meeting: financial policies that foster people's well-being, digital infrastructure financing, expanding financial inclusion in accordance with local circumstances, and fostering exchanges and cooperation among young finance professionals. The ministry highlighted that the gathering serves as a crucial platform for Asia-Pacific economies to enhance communication on macroeconomic policies and financial collaboration, providing a platform for representatives of Apec countries to exchange perspectives.

In addition to the formal meeting, a series of exchange activities have been arranged. These include a closed-door session involving finance ministers and a luncheon with business leaders from across the Asia-Pacific region on Tuesday, prior to the commencement of the finance ministers' meeting. Furthermore, a press conference is scheduled for the following day to provide further updates and insights on the outcomes of the event.