APEC Finance and Central Bank Deputies’ Meeting
In a context of global economic uncertainty and tightening fiscal space, Finance and Central Bank Deputies from Asia-Pacific Economic Cooperation met in Shanghai to define the region’s financial roadmap. The meeting, chaired by China’s Vice Minister of Finance, Liao Min, focused on strengthening coordination and ensuring long-term stability.
APEC Financial Cooperation 2026 centers on four strategic priorities: fiscal support for households, digital infrastructure financing, financial inclusion, and the development of young financial talent. Together, these pillars aim to promote inclusive growth while preserving fiscal sustainability across member economies.
Strengthening Policy Coordination and Fiscal Sustainability
Participants emphasized the need to reinforce multilateral cooperation. They also called for clearer macroeconomic policy communication. Stronger coordination will help balance short-term growth with long-term fiscal responsibility.
In this context, China highlighted its 5% economic growth in 2025. The country reaffirmed its commitment to market opening and boosting domestic demand. These measures are expected to act as stability factors for the broader Pacific region.
Efficient Social Spending and Digital Investment
Another key issue was the efficiency of social spending. With limited fiscal space, deputies explored targeted transfer mechanisms to protect vulnerable households. They also discussed the use of automatic stabilizers. These tools can cushion economic shocks without undermining public finances.
In addition, the meeting addressed the investment gap in digital infrastructure. Delegates examined public-private partnership models to mobilize capital and foster technological transformation. Expanding digital infrastructure not only improves productivity but also strengthens financial inclusion and long-term competitiveness.
Next Steps for APEC Financial Cooperation 2026
The meeting concluded with the endorsement of the 2026 work plan for the APEC Finance Ministers’ Process. The agreements reached in Shanghai will guide discussions at the upcoming Finance Ministers’ Meeting in Hong Kong this October
Through APEC Financial Cooperation 2026, member economies aim to consolidate strategies that enhance financial resilience and protect citizens’ well-being across the region.
Reference
APEC Secretariat. (2026, February 12). Regional Finance Cooperation Advances Household Support, Digital Investment. APEC. https://www.apec.org/press/news-releases/2026/0212_fcbdm