HONG KONG SAR – Media OutReach Newswire – 22 October 2026 – Finance leaders and representatives of worldwide organisations attended the APEC (Asia-Pacific Financial Cooperation) Finance Ministers’ Assembly (FMM) 2026, efficiently held in Hong Kong for the primary time (October 20-21). Contributors engaged in in-depth exchanges on points regarding regional monetary and financial improvement.
Yesterday (October 21), the FMM issued the 2026 APEC Finance Ministers’ Joint Assertion, reaffirming the dedication to constructing an open, dynamic, resilient, and peaceable Asia-Pacific group by 2040 for the prosperity of all our individuals and future generations.
Representatives of the collaborating APEC member economies and worldwide organisations through the assembly.
Minister of Finance and chair of the 2026 FMM, Lan Fo’an, stated that each one events ought to firmly implement the consensus reached on the APEC Financial Leaders’ Assembly, uphold multilateralism, and deepen sensible co-operation in fiscal and monetary affairs, with a view to contributing to regional financial and monetary stability and long-term sustainable progress.
Earlier, John Lee, Chief Govt of the Hong Kong Particular Administrative Area (HKSAR) Authorities, welcomed members to the FMM.
“It is a historic event for Hong Kong. The APEC Finance Ministers’ Assembly – a part of APEC China 2026 – is going down in our metropolis for the very first time. We’re honoured to help this important worldwide occasion, which brings collectively the member economies of the Asia-Pacific Financial Cooperation, representing some three billion individuals and accounting for over 60 per cent of world GDP,” Mr Lee stated.
“Below the distinctive ‘one nation, two programs’ precept, Hong Kong enjoys each the China benefit and the worldwide benefit. We’re the one frequent regulation jurisdiction in China, our nation, and have a authorized and regulatory regime much like many of the world’s prime monetary hubs.”
Talking through the dialogue classes, Paul Chan, Monetary Secretary of the HKSAR, stated that amid geopolitical tensions and uncertainties over commerce insurance policies, Asia-Pacific economies ought to strengthen co-operation to keep up the graceful circulation of commerce and funding, whereas guarding in opposition to monetary dangers and nurturing long-term progress drivers.
He stated that Hong Kong would leverage its distinctive benefits beneath the “one nation, two programs” precept, and make full use of its various financing channels {and professional} companies as a global monetary centre to function a “tremendous connector” and “tremendous value-adder”.
“Regionally, we want open channels for commerce and funding, not new obstacles. Linked markets enable capital to achieve productive makes use of and applied sciences be adopted throughout borders,” Mr Chan stated throughout a plenary session on International and Regional Financial and Monetary Outlook (October 20).
“Our collective activity is to safeguard stability whereas strengthening the foundations for lasting prosperity. Hong Kong, China stands able to work with fellow economies to grab alternatives, handle dangers and help extra resilient, sustainable and inclusive progress throughout the Asia Pacific.”
The Hong Kong Financial Authority and the APEC Enterprise Advisory Council (ABAC) held two thematic seminars (October 20) on “Fostering a digitalised, inclusive and sustainable provide chain ecosystem via finance” and “Mobilising capital for nature: scaling finance and regional cooperation throughout APEC” respectively.
In his welcoming remarks on the seminars, Christopher Hui, Secretary for Monetary Providers and the Treasury of the HKSAR, stated: “In an period of profound financial transformation and evolving international challenges, prosperity won’t be secured by any economic system performing alone. Will probably be constructed via partnership, innovation and resilience. I’m due to this fact delighted that this seminar brings collectively regulators, enterprise leaders and specialists from throughout the Asia-Pacific area for significant exchanges on how we are able to unlock new alternatives, strengthen monetary resilience, and drive sustainable progress for all.”
Following the conclusion of the FMM, Mr Lee and different officers met Mr Lan at Authorities Home to trade views on financial and monetary improvement of the Chinese language Mainland and Hong Kong. Mr Lee expressed his heartfelt gratitude to the nation for its belief in and help for Hong Kong, in addition to its sturdy affirmation of Hong Kong’s standing as a global monetary centre.
Throughout the FMM, a various vary of excursions and visits have been organized for members of delegations from collaborating economies and worldwide organisations to benefit from the metropolis’s cultural heritage and distinctive appeal as a global metropolis.
The itineraries included visits to the Peak, Hong Kong Museum of Artwork, Hong Kong Palace Museum, Xiqu Centre, Chinese language Culinary Institute and Ocean Park in addition to a ship tour to benefit from the famend views of Victoria Harbour.
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