Detailed Notes on does hong kong have a future
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＊ Taking into consideration the actual outturn in the primary quarter and the latest developments of the global and native situation, the true GDP development forecast for 2025 in general is preserved at 2%-three%, similar to that introduced inside the Spending budget. The Government will go on to intently keep an eye on the situation.
Exports of expert services continued to extend visibly by six.6% in authentic phrases in the main quarter more than a yr previously, just after developing by six.5% in the preceding quarter. Exports of all big services groups rose even more. Especially, exports of journey and transportation services ongoing to broaden, supported via the further more boost in visitor arrivals and development in cross-boundary site visitors.
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＊ The Hong Kong economic system expanded solidly in the initial quarter of 2025, largely supported by visible will increase in exports of goods and providers, as well as the resumption of moderate advancement in overall financial investment expenditure.
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5. Home: Though positive “have” on household investments could stabilize prices, a glut of recent houses implies total recovery remains distant.
The most recent figures on GDP and its main expenditure elements nearly the first quarter of 2025 are presented in Table 1. Developments in numerous segments on the financial system in the 1st quarter are explained down below.
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