The Zhitong Finance App learned that the 33rd Asia-Pacific Economic Cooperation (APEC) Finance Ministers Meeting will be held from October 20 to 21 in Hong Kong, China. Finance ministers or their representatives from 21 APEC economies, heads of relevant international organizations, and senior partner representatives will attend the conference. Recently, in an interview with reporters, a relevant Ministry of Finance official said that around the APEC “China Year” theme and the three priority areas, China proposed four key financial channel topics: fiscal policies to support people's livelihood development, digital infrastructure financing, promoting inclusive finance development according to local conditions, and promoting exchanges and cooperation among young APEC financial talents. These topics are both current and long-term. At present, all economies are generally facing the task of steady growth, risk prevention, and protecting people's livelihood. There is an urgent need to strengthen macroeconomic policy communication and coordination and adopt appropriate fiscal and financial policies to better support innovation and inclusive development. At the same time, the accelerated development of new technologies such as digitalization and artificial intelligence not only brings new digital infrastructure investment and financing needs, but also highlights the importance of strengthening the exchange and mutual learning of young financial talents and enhancing future policy formulation capabilities.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.