B · Normal
[Paul Chan: Hong Kong’s third-quarter economic growth will be higher than market expectations year-on-year] On November 1, Financial Secretary Paul Chan of the Hong Kong SAR government published a blog stating that the advance estimate of gross domestic product in the third quarter of this year will be announced next Tuesday. Preliminarily, with the support of accelerated export growth and solid internal demand, the third quarter's economic growth will be higher than market expectations year-on-year, with the growth rate accelerating from the second quarter; Hong Kong will also record positive growth for the fifteenth consecutive quarter. In the first three quarters of this year, the year-on-year growth rate of real GDP was also the largest in the same period in five years. As the economy maintains good momentum, the economic growth forecast for the full year is also expected to be raised again. (Securities Times)
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