HONG
KONG, June 25, 2024 /PRNewswire/ -- According to
economic data released by the Hong Kong Census and Statistics
Department, Hong Kong's economy
grew by 2.7% in the first quarter of 2024, which is much higher
than expected. The consumption is the biggest source of power
behind the gradual recovery of the economy. The private consumption
in Hong Kong has increased by 1%
in the first quarter of 2024, and has maintained growth for six
consecutive quarters, accounting for more than 70% of the entire
economy. In the first four months of 2024, the number of visitors
to Hong Kong reached 14.62
million, which has formed a double year-on-year increase, and the
average occupancy rate of hotels was about 80%. Every 1.5 million
tourists will bring 0.1 percentage point of economic
growth according to the calculations made by Hong Kong SAR
Government, so the prosperity of cultural tourism is undoubtedly
the core of Hong Kong's
economy.
In addition to consumption, Hong
Kong's foreign trade is also restoring its growth.
Hong Kong's total imports and
exports of goods increased by 9.9% year-on-year in the first
quarter of 2024 as demand from the mainland and the international
market picked up. As of the end of March
2024, Hong Kong's banking
deposits totaled HK $16.2 trillion,
which was an increase of 4.4% year-on-year. The HKSAR Government
has introduced two new batches of 49 industry-leading enterprises
up to now, and the joint venture investment will exceed HK
$40 billion, creating more than
13,000 vacancies. By the end of April this year, Hong Kong's various talent plans had received
290,000 applications and about 180,000 approvals, and 120,000
talents had arrived in Hong
Kong.
The vibrant Hong Kong remains
the same, and the world will witness a pearl of the orient full of
opportunities.
Video: https://youtu.be/TjjfLcDrbko
Media contact:
Yao Shunyu
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+86-01068994660
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