The growth rate of Asia-Pacific Economy in 2016 is projected to be 5.4%- lower than 5.3% in 2015. Although the aggregated growth rate of major developed and developing economies in this region is higher this year than last year，China-the biggest economy- is experiencing transition and a lower growth rate. Thus，the growth rate of the whole region is declining. Compared with last year，most countries have higher inflation，lower currency value and moderate current account imbalance. With regarding to the major economies of this region，Korea，Indonesia and Australia are experiencing recovery owning to a higher private demand and accommodative macro policy，but there is no significant sign of external recovery due to weak global trade. India’s growth is still robust with major boost from domestic consumption and government is implementing reform to remove bottlenecks for growth. Canada is hit by fire but will turn out to be better next year. In 2017，the prospect of Asia Pacific Region is affected by the uncertainty of external demand，the sustainability of domestic demand and the potential of long-term growth.