
Financial Secretary Paul Chan Mo-po reiterates confidence in annual growth of 3.5 per cent to 4.5 per cent.
Hong Kong's economy grew in the third quarter, driven by strong exports and tourism, with Financial Secretary Paul Chan Mo-po maintaining an annual growth forecast of 3.5 to 4.5 per cent.
AI-generated summary
Hong Kong's GDP grew by 5.1 per cent in the first six months of the year.
Hong Kong’s economy continued to expand in the third quarter of this year, driven by strong exports and tourism, the city’s finance chief has said, while warning of risks including the war in the Middle East and inflation.
Financial Secretary Paul Chan Mo-po also reiterated his confidence that the economy would grow by between 3.5 per cent and 4.5 per cent this year. He was speaking during a Legislative Council debate on the city’s first five-year plan and annual policy address.
He noted that gross domestic product grew by 5.1 per cent in the first six months of this year, the strongest half-year performance in five years.
AI outlook — possibilities, not facts
Annual economic growth between 3.5 per cent and 4.5 per cent
Likely · Within months
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