Source: Xinhua
Editor: huaxia
2025-11-14 23:14:15
HONG KONG, Nov. 14 (Xinhua) -- Hong Kong's economy staged a robust performance in the third quarter of 2025, with real gross domestic product (GDP) rising 3.8 percent year on year, the Hong Kong Special Administrative Region (HKSAR) government said on Friday.
Presenting the Third Quarter Economic Report 2025, acting HKSAR government economist Cecilia Lam said the robust performance was driven by a continued surge in exports and sustained expansion in domestic demand. On a seasonally adjusted quarter-to-quarter basis, real GDP rose 0.7 percent further in the third quarter.
Lam said that propelled by strong demand for electronic-related products and buoyant regional trade flows in Asia, total goods exports continued to grow markedly by 12.1 percent year on year in real terms in the third quarter.
Domestically, private consumption expenditure picked up slightly in growth in the third quarter, rising further by 2.1 percent year on year in real terms, reflecting the continued recovery of the local consumption market, she said.
The Hong Kong economy is expected to have further solid growth for the rest of 2025, Lam said, adding that continued increases in inbound tourism and vibrant financial market activities should provide further impetus to exports of services. ■