The Asia-Pacific economy entered the recovery track in 2022 under multiple shocks such as the Ukraine crisis，high inflation and global economy slowdown；its recovery trend was slightly worse in the first half of 2023，and bottomed up significantly in the second half. The pressure of weak global demand tended to be moderate，the Asia-Pacific economy was expected to bottom out in 2023，and the overall growth momentum was stronger than the previous year. In 2023，the weighted average economic growth of 17 countries in the Asia-Pacific region was expected to be 4.5%，0.5 percentage points higher than previous year and 1.5 percentage points higher than global average. Inflation decreased in the Asia-Pacific region in 2022，while showing a certain stickiness due to the impact of food prices. Affected by strong US dollar，the currencies of most economies in the Asia-Pacific region had depreciated against the US dollar. Current accounts were diverged due to commodity prices declining，with commodity exporters deteriorating and commodity importers improving. Looking forward to 2024，the Asia-Pacific economic recovery still faces certain pressure，but the trend of weak external demand is expected to ease，strong internal demand，regional trade agreements will effectively drive the regional economy，and the Asia-Pacific economy will play a more active role in the global economic recovery process.