Statistics show that Hong Kong’s economy is progressing steadily, said Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, on Sunday.
Citing preliminary economic estimates for the fourth quarter and full year of 2024, which are due to be released later on Monday, Chan noted in a blog post that Hong Kong has witnessed a significant increase in visitor numbers during the fourth quarter of last year, stable personal consumption, and robust trading in the stock market since late September in 2024.
He also pointed out that the real estate market remained stable, the job market was favorable, and inflation was kept moderate, setting a positive tone for Hong Kong’s economy in 2025.—Xinhua
