Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated at the Asia-Pacific Economic Cooperation finance ministers’ meeting on Tuesday that economic alliances are crucial as global challenges evolve. He called on all economies to collaborate for long-term prosperity, highlighting the Hong Kong government's efforts in trade, supply-chain finance, and green and sustainable finance, including promoting cross-boundary carbon trading through collaborations like that between Hong Kong Exchanges and Clearing and Hong Kong Quality Assurance Agency.