What Changed
- Hong Kong highlighted domestic efforts in frontier technology research and responsible AI usage while encouraging mutual learning across APEC member economies.
- Hong Kong reaffirmed its commitment to the FTAAP agenda and welcomed the September 2026 establishment of its RCEP Accession Working Group.
- Hong Kong supported the proposed Trade Digitalization Cooperation Framework and called for WTO reforms and a permanent solution for the moratorium on customs duties on electronic transmissions.
On November 3, 2026, the Secretary for Commerce and Economic Development of Hong Kong SAR, Mr Algernon Yau, attended the 37th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting held virtually via video conference. Operating under the theme for APEC China this year, "Building an Asia-Pacific Community to Prosper Together," Mr Yau addressed key sessions focusing on shared prosperity, technological advancement, and economic integration across the region.
During the discussions, Mr Yau highlighted the importance of practical cooperation among member economies to harness digital technologies in a people-centred and inclusive manner. Domestically, Hong Kong is strengthening its research capacity in frontier technologies and launching programmes to promote public awareness and responsible use of artificial intelligence (AI). Hong Kong expressed its desire to share experiences and engage in mutual learning with other APEC member economies in these areas.
Addressing regional connectivity and shifts in the trade landscape, Mr Yau called on member economies to enhance connectivity across goods, services, capital, and people, guided by the Putrajaya Vision 2040 and the Aotearoa Plan of Action. On economic integration, he reiterated support for continuing to advance the Free Trade Area of the Asia-Pacific (FTAAP). He highlighted Hong Kong's active efforts to seek early accession to the Regional Comprehensive Economic Partnership (RCEP), welcoming the establishment of the Accession Working Group for Hong Kong in September 2026 as an impetus to advance the FTAAP agenda.
Furthermore, Mr Yau expressed full support for the proposed Trade Digitalization Cooperation Framework as a guiding document for promoting cross-border trade and investment amidst technological transformation. Regarding the multilateral trading system, he urged member economies to continue supporting the World Trade Organization (WTO) reform agenda, incorporating plurilateral initiatives into the WTO framework, finding a permanent solution for the moratorium on customs duties on electronic transmissions, and facilitating the Work Programme on Electronic Commerce.
Who May Be Affected
Businesses, legal practitioners, trade institutions, and policy stakeholders involved in cross-border trade, digital commerce, and regional economic integration within the Asia-Pacific region.
Cross-Border Context
Reflects Hong Kong SAR's multilateral trade policy engagement within APEC China, its accession process to RCEP, and its position on WTO e-commerce initiatives affecting cross-border trade.
What to check next
- Monitor formal developments from the Accession Working Group regarding Hong Kong's accession to RCEP.
- Track further official releases on the proposed Trade Digitalization Cooperation Framework within APEC.
This article provides general information and does not constitute legal advice. Consult the official text and obtain advice appropriate to your circumstances where needed.