Business
20:20, 10-Nov-2017
Hong Kong's GDP up 3.6 pct in Q3
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The Hong Kong Special Administrative Region (HKSAR) government Friday announced
that Hong Kong's economy expanded by 3.6 percent in the third quarter of 2017.
The HKSAR government released the Third Quarter Economic Report 2017,
together with the preliminary figures on gross domestic product (GDP) for the
third quarter of 2017.
The figures showed that Hong Kong's economy
continued to expand notably in the third quarter of 2017, by 3.6 percent in real
terms over a year earlier, following the 4.1 percent growth in the first half of
the year.
Benefiting from a broad-based global economic upturn, Hong
Kong's total exports of goods saw a year-on-year growth of 5.5 percent in real
terms in the third quarter.
Taking into account the actual growth outturn
of 3.9 percent in the first three quarters of 2017, and as the economy is poised
to attain further solid growth in the rest of 2017, economic growth for 2017 as
a whole is now forecast at 3.7 percent, higher than the mid-point of the range
forecast of 3 to 4 percent announced in August, the HKSAR government said.
Source(s): Xinhua News Agency