Hong Kong successfully hosted the APEC Finance Ministers' Meeting (FMM) 2026 for the first time on October 20-21, marking a historic occasion for the city. The meeting brought together finance leaders and representatives of international organisations to discuss regional financial and economic development. According to Media OutReach Newswire, the event concluded with the issuance of the 2026 APEC Finance Ministers' Joint Statement on October 21.
The joint statement reaffirmed the commitment to building an open, dynamic, resilient, and peaceful Asia-Pacific community by 2040 for the prosperity of all people and future generations. Lan Fo'an, Minister of Finance and chair of the 2026 FMM, emphasised that all parties should firmly implement the consensus reached at the APEC Economic Leaders' Meeting, uphold multilateralism, and deepen practical co-operation in fiscal and financial affairs to contribute to regional economic and financial stability and long-term sustainable growth.
John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Government, welcomed participants and highlighted the significance of the event. "This is a historic occasion for Hong Kong. The APEC Finance Ministers' Meeting - part of APEC China 2026 - is taking place in our city for the very first time. We are honoured to support this significant international event, which brings together the member economies of the Asia-Pacific Economic Cooperation, representing some three billion people and accounting for over 60 per cent of global GDP," Mr Lee said. He also underscored Hong Kong's unique advantages under the "one country, two systems" principle, noting that Hong Kong is the only common law jurisdiction in China and has a legal and regulatory regime similar to most of the world's top financial hubs.
Paul Chan, Financial Secretary of the HKSAR, addressed the plenary session on Global and Regional Economic and Financial Outlook. He stressed that amid geopolitical tensions and uncertainties over trade policies, Asia-Pacific economies should strengthen co-operation to maintain the smooth flow of trade and investment, while guarding against financial risks and nurturing long-term growth drivers. "Regionally, we need open channels for trade and investment, not new barriers. Connected markets allow capital to reach productive uses and technologies be adopted across borders," Mr Chan said. He added that Hong Kong would leverage its diverse financing channels and professional services as an international financial centre to serve as a "super connector" and "super value-adder."
The Hong Kong Monetary Authority and the APEC Business Advisory Council held two thematic seminars on October 20, focusing on fostering a digitalised, inclusive and sustainable supply chain ecosystem through finance, and mobilising capital for nature. Christopher Hui, Secretary for Financial Services and the Treasury, said in his welcoming remarks that prosperity will not be secured by any economy acting alone but through partnership, innovation and resilience.
The meeting's outcomes carry significant implications for the region and beyond. With APEC economies representing some three billion people and over 60 per cent of global GDP, the joint statement sets a clear direction for financial co-operation and sustainable growth. Hong Kong's role as host and its commitment to serving as a "super connector" reinforce its status as an international financial centre. For more information about Hong Kong's role, visit https://www.brandhk.gov.hk/. The FMM also included tours for delegates to experience Hong Kong's cultural heritage, further showcasing the city's appeal as an international metropolis.
