APEC Finance Ministers' Meeting is being held in Hong Kong

For the first time, the APEC Finance Ministers' Meeting is being held in Hong Kong.

Scholars believe the two-day event, which takes place tomorrow, will showcase China's high-standard opening-up, adding the agenda can help the SAR play to its strengths.

Some 500 senior financial officials and delegates from 21 member economies will gather at the Hong Kong Convention and Exhibition Centre in Wan Chai on Tuesday.

The member economies account for more than 60% of the global economy and nearly half of world trade.

This marks the third time China is hosting APEC, and the first time the Finance Ministers' Meeting is being held in Hong Kong.

A financial expert believes the occasion serves as a great platform for the city to further demonstrate its unique strengths to the world, adding that it will bring in more investment to Hong Kong.

ROCKY TUNG,Executive Director, Hong Kong Financial Services Development Council says They are coming with delegations not only from the private sector,

but also the public sector. So I do believe there will be a lot of follow-ups going on. As China's most important international financial centre, we will be able to serve the financing needs as well as the connectivity with the rest of the world.

Digital economy is one of the city's strong suits, offering robust regulations and an active network of public and private sector players.

The key agenda for this year's meeting focuses on fiscal policies supporting households, digital infrastructure financing, financial access and opportunity for all, as well as APEC young financial talent dialogue.

A business scholar, also the director of APEC Study Centre of HKU, thinks Hong Kong is well-fitted for the agenda.

TANG HEI-WAI ,Associate Dean, Business School, HKU said "How we can make finance more inclusive, how we can create more spillovers from finance to other sectors. I'm pretty optimistic that they will come up with some consensus about talent development, about inclusive finance, about how we can use finance to support a K-shaped economic development to make it more balanced and more equal."

An international relations scholar believes the event allows China to exhibit a high level of opening-up through Hong Kong.

Some APEC members may be also interested in collaborating with some institutions in Hong Kong, to see whether there will be also joint programme, for nurturing future talents, particular understanding both regional, and economic institution system.

The Ministry of finance has also arranged visits following the meeting, showcasing the diversity, vibrancy and vast opportunities that Asia's international Metropolis has to offer.