UPDATE 1-China flags APEC's role as key for a challenged global economy

China's Finance Minister Lan Foan emphasized the significance of the Asia-Pacific Economic Cooperation (APEC) forum in addressing global economic challenges. He urged the 21 member countries to work together in key sectors such as artificial intelligence, the digital economy, and green initiatives. This call for cooperation is important for the global economy, as it highlights the need for collective action to address common challenges. China's commitment to economic reforms is also a positive sign for the region's economic growth prospects.

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China's Finance Minister highlighted APEC's importance for promoting economic growth. This could lead to increased cooperation and investment among APEC member economies.

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