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Local economy continues to grow: Paul Chan

Financial Secretary Paul Chan on Sunday said the upcoming economic figures indicate sustained growth in Hong Kong's economy. In a blog post, Chan said...


  • Jul 28 2024
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Local economy continues to grow: Paul Chan
Local economy continues to grow: Paul Chan

Financial Secretary Paul Chan on Sunday said the upcoming economic figures indicate sustained growth in Hong Kong's economy. In a blog post, Chan said the government will unveil the gross domestic product figure for the second quarter, this week. Chan noted that both exports and investments have shown continual growth, attributed to an uptick in external demand and a surge in the nation's overall exports. Looking ahead, the finance minister expressed optimism that challenges from geopolitics will likely diminish, which will benefit investment and asset markets. Chan added that the stable growth of the mainland economy will provide significant support to Hong Kong's economy. He also hoped that a series of exhibitions and large-scale events will bring in more tourists and consumers into the market. Meanwhile, the finance chief congratulated épée fencer Vivian Kong for securing Hong Kong's first Paris Olympics gold medal. In a Facebook post, Chan said Kong has showcased her exceptional skills and perseverance in her comeback victory, making all Hongkongers thrilled and excited.

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