APEC Finance Ministers Reach Consensus on AI and Digital Financing in Hong Kong

Finance ministers from APEC member economies agreed on measures covering artificial intelligence, digital infrastructure and financial services during their meeting in Hong Kong. The consensus is intended to feed into the APEC Economic Leaders' Meeting scheduled for November in Shenzhen. Lan Foan, China's finance minister, said the outcomes reached in Hong Kong would help shape the leaders' summit discussions next month. In closing remarks delivered on Wednesday, Lan pledged that China would cooperate with all member economies to carry out the consensus agreed in Hong Kong and contribute to the November leaders' meeting. The agreements span AI policy, digital infrastructure development and financial services cooperation among the member economies.