Financing of projects focal point for APEC

Global economic recovery still beset by downside risk, top official says

Infrastructure financing became the focus of Wednesday's Asia-Pacific Economic Cooperation Finance Ministers' Meeting in Beijing, with several concrete results achieved.

In a joint statement following the meeting - which brought together the finance ministers of 21 APEC economies, leaders of international organizations and high-level representatives from the private sector - ministers identified infrastructure investment as "crucial" to boosting demand and lifting growth.