Vice Finance Minister Liao Min led a delegation and spoke at the U.S.-hosted G20
finance ministers and central bank governors meeting in Asheville, North
Carolina on Aug. 31–Sept. 1, 2026. Liao said the global economy faces multiple
challenges and urges genuine multilateralism and stronger macroeconomic policy
coordination to support firmer global growth. He called for maintaining free
trade and policy settings that facilitate cross-border trade and capital flows,
highlighted that AI is reshaping economic models and urged cooperation to close
the digital-intelligence gap and advance sustainable development, and said G20
members should take a comprehensive, objective and balanced view of global
imbalances while addressing developing-country debt fundamentally through
development-led measures.