Hong Kong Q1 GDP expands at strongest pace in nearly five years
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Hong Kong's economy grew by 5.9% in Q1, marking the strongest growth in nearly five years and the 13th consecutive quarter of expansion. The government forecasts GDP growth of 2.5% to 3.5% for 2026, following 3.5% in 2025. Key drivers include strong global demand for AI-related electronics and increased visitor arrivals, although geopolitical tensions pose risks. Private consumption rose by 5.0%, and total exports surged by 23.8%. Financial Secretary Paul Chan emphasized the importance of AI development and talent enhancement for future growth.
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Source: CNA The copyright of this article belongs to the original author/organization.
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