ECONOMIC COOPERATION
China urges APEC cooperation on AI, green growth at Hong Kong meet
China's Finance Minister Lan Foan called for closer cooperation among APEC's 21 members, highlighting AI, the digital economy and green development as potential sources of growth.
BharatVox ·
China's Finance Minister Lan Foan urged APEC's 21 member economies to strengthen economic cooperation as he opened the forum's Finance Ministers' meeting in Hong Kong on October 20. Economic Times Markets reported that Lan presented the grouping as increasingly important to addressing global economic challenges.
Lan said APEC's contribution to global growth brought greater responsibility at a time of rapid economic change and disruption from geopolitical conflicts. He called for closer collaboration within the Pacific Rim forum, whose members include the United States, Japan and Russia.
He singled out artificial intelligence, the digital economy and green-sector development as areas where joint efforts could generate fresh growth. Lan also reaffirmed China's intention to pursue comprehensive economic reforms, but did not set out specific measures.
Fact-check this story · Source: Economic Times Markets: China flags APEC's role as key for a challenged global economy. This AI-assisted account is based on the linked source, not independent on-the-ground reporting by BharatVox. Any opinion is separately labelled.
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