Financial Secretary expects strongest quarterly growth in nearly 5 years
發佈日期: 2026-05-03 13:59
TVB News
Financial Secretary Paul Chan said Hong Kong is set to see the strongest GDP growth in the first quarter in nearly five years. The government will announce the advance estimates of the city's GDP for the first quarter on Tuesday.
On his weekly blog, Financial Secretary Paul Chan said the growth is helped by spending increase in the retail and food and beverage market, recording a 5.2 percent year-on-year rise. Spending at non-fast food restaurants also increased by nearly 8 percent.
Apart from an improvement in private consumption, Chan said another factor is a positive performance
in export and fixed investment.
The financial chief noted that the export growth of two product categories had seen a notable rise in the first three months of the year: electromechanical equipment and telecommunication gear, increased by more than 40 and 63 percent, respectively.
Meanwhile, Chan said the number of tourists visiting Hong Kong in the first quarter exceeded 14.3 million, the highest since the pandemic.
Chan estimates the total tourist volume of the year could surpass the initial forecast number of 53.8 million, bringing the city more than 240 billion dollars of tourism-related spending.
