Hong Kong economy growth driven by exports and domestic demand, with positive outlook

The growth was driven by stronger exports and domestic demand, with goods exports rising 30.4 percent in real terms and imports growing 29.9 percent. Investment also strengthened, with gross domestic fixed capital formation up 7.3 percent. The government spokesman cited global artificial intelligence investment as a positive factor in the outlook. The economy saw robust expansion, underpinned by accelerating exports and solid domestic demand.

The outlook remains positive, with the spokesman citing global artificial intelligence investment, inbound tourism, cross-boundary traffic, and financial market activity as contributing factors. However, he advised caution over geopolitical tensions in the Middle East and tighter monetary policies by major central banks.

The government spokesman noted that the economy saw robust expansion, underpinned by accelerating exports and solid domestic demand, and that the outlook remained positive due to various factors, including global artificial intelligence investment.