Beijing to Hold APEC Finance, Development Forum in May

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Last updated at: (Beijing Time) Monday, April 29, 2002

Beijing to Hold APEC Finance, Development Forum in May

China's Ministry of Finance announced Monday that the 2002 APEC Finance and Development Program Annual Forum is to be held in Beijing on May 26.

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China's Ministry of Finance announced Monday that the 2002 APEC Finance and Development Program Annual Forum is to be held in Beijing on May 26.

The forum is to be co-chaired by the Secretariat of the Asia Pacific Economic Cooperation Finance and Development Program (AFDP) and the World Bank.

The AFDP is one of the programs started at the 2001 Informal APEC Economic Leaders Meeting held in Shanghai, China, last October. The program aims to contribute to institutional and human resources development in the APEC region by providing training workshops, organizing annual forums and financing research projects. The pilot phase of the program will run from 2002 to 2004.

The AFDP forum will have the theme of "Improving financial intermediation for economic growth, development and stability."

High-ranking officials of the Chinese government and President of the World Bank James Wolfensohn, as well as senior officials of finance and central banks of the 21 APEC economies, experts and renowned scholars will attend the forum.

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