Apec Finance Ministers Plan Policy Coordination
The member countries of the Asia-Pacific Economic Cooperation (APEC) forum agreed to enhance policy coordination in macroeconomic strategies to address external risks and challenges. The Chinese Finance Minister emphasized that the members concurred on the necessity of improving economic policy safety and strengthening cooperation in the financial sector, with a focus on supporting and financing digital infrastructure to promote regional trade and economic connectivity. Additionally, the statement called for the development of scalable and secure digital infrastructure, increased digital literacy, and the promotion of cooperation between the public and private sectors as well as development banks to accelerate digital transformation and foster innovation.
Notice: This Is an AI-Generated Summary
Comments (0)