Hong Kong has successfully hosted the APEC Finance Ministers' Meeting (FMM) 2026 for the first time, a historic event that brought together finance leaders and international organisation representatives from across the Asia-Pacific region. The meeting, held on October 20-21, provided a platform for in-depth exchanges on regional financial and economic development, culminating in the issuance of the 2026 APEC Finance Ministers' Joint Statement on October 21. The 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.
The significance of Hong Kong's hosting role was emphasised by Chief Executive John Lee, who noted that the event is part of APEC China 2026 and represents a milestone for the city. "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," Mr Lee said. He highlighted that the member economies represent some three billion people and account for over 60 per cent of global GDP, underscoring the meeting's importance in shaping regional economic policies. Under the unique "one country, two systems" principle, Hong Kong enjoys both the China advantage and the global advantage, being the only common law jurisdiction in China with a legal and regulatory regime similar to other top financial hubs.
Minister of Finance and chair of the 2026 FMM, Lan Fo'an, called for firm implementation of the consensus reached at the APEC Economic Leaders' Meeting, upholding multilateralism and deepening practical co-operation in fiscal and financial affairs. This approach aims to contribute to regional economic and financial stability and long-term sustainable growth. The meeting's outcomes are expected to influence policy directions across the Asia-Pacific, particularly in areas of trade, investment, and financial resilience.
Financial Secretary Paul Chan, speaking during the discussion sessions, stressed the need for Asia-Pacific economies to strengthen co-operation amid geopolitical tensions and trade policy uncertainties. "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 reiterated Hong Kong's role as a "super connector" and "super value-adder" leveraging its diverse financing channels and professional services as an international financial centre.
The Hong Kong Monetary Authority and the APEC Business Advisory Council also held thematic seminars on fostering a digitalised, inclusive and sustainable supply chain ecosystem through finance, and mobilising capital for nature. These discussions highlighted the region's focus on sustainable finance and digital innovation. Christopher Hui, Secretary for Financial Services and the Treasury, noted that prosperity will be built through partnership, innovation, and resilience, bringing together regulators, business leaders, and experts for meaningful exchanges.
The FMM's success reinforces Hong Kong's status as an international financial centre and its capacity to facilitate dialogue on critical economic issues. As the city continues to promote its advantages, platforms such as Brand Hong Kong serve to showcase its unique charm and capabilities to the world. The event also included cultural tours for delegates, further enhancing Hong Kong's image as a vibrant international metropolis.
