The contribution agreement for the China TA Trust Fund was signed by China Vice Finance Minister Liao Min and AMRO Director Li Kouqing. The signing was witnessed by China Finance Minister Lan Fo’an (second row, fourth from left), along with officials from the Ministry of Finance of China and AMRO’s Senior Management team.
SINGAPORE, May 7, 2025 – The ASEAN+3 Macroeconomic Research Office (AMRO) and Ministry of Finance of the People’s Republic of China announced a new contribution of USD 4 million by the Ministry of Finance of China to the People’s Republic of China Technical Assistance Trust Fund (China TA Trust Fund), which is administered by AMRO.
The restated contribution agreement was signed by China Vice Finance Minister Liao Min and AMRO Director Li Kouqing on the sidelines of the ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting held in Milan, Italy. The signing ceremony was witnessed by China Finance Minister Lan Fo’an and officials from the Ministry of Finance of China, and AMRO’s Senior Management team.
The China TA Trust Fund is designed to support capacity building in economic surveillance and maintenance of financial stability, promote regional financial cooperation and integration among ASEAN+3 member economies, and to contribute to AMRO’s institutional development.
Originally established in June 2016, the China TA Trust Fund has been instrumental in strengthening macroeconomic surveillance and policy capabilities across ASEAN+3 economies through financing secondment and consultancy programs, training and seminars, and research collaboration projects. The renewed agreement will support the continuation of this work, with added emphasis on contributing greater value to regional financial cooperation. This reflects both institutions’ shared commitment to building a stronger, more resilient ASEAN+3 region amid an increasingly uncertain global environment.
AMRO’s TA is one of its three core functions. It seeks to strengthen the macroeconomic surveillance and financial stability capacities of ASEAN+3 member economies through customized support that reflects each economy’s development stage and policy priorities. The TA program also facilitates knowledge-sharing between AMRO, its members, and international organizations, to foster collaboration and regional expertise.
About AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) is an international organization established to contribute toward securing macroeconomic and financial resilience and stability of the ASEAN+3 region, comprising 10 members of the Association of Southeast Asian Nations (ASEAN) and China; Hong Kong, China; Japan; and Korea. AMRO’s mandate is to conduct macroeconomic surveillance, support regional financial arrangements, and provide technical assistance to the members. In addition, AMRO also serves as a regional knowledge hub and provides support to ASEAN+3 financial cooperation.