(Hong Kong Comprehensive Television) Hong Kong's third quarter local GDP (GDP) fell 4.5 % year -on -year, and a total of 3.3 % in the first three quarters. Considering that the short -term prospects are not good, the Hong Kong government will renovate this year's economic growth forecast to 3.2%.
According to Zhongtong News Agency, the Hong Kong Special Administrative Region Government announced the latest economic data on Friday (November 11).On the same day, mainland China also announced 20 measures for the prevention and control of the "further optimization" epidemic, including the "7+3" of the entrance of the entry of the entry to mainland China from "7+3" and so on.Liang Yongsheng, an economic consultant of the Hong Kong Government, pointed out that the deterioration of Hong Kong's economic deterioration is the problem of demand. The relaxation of epidemic prevention in the mainland is definitely beneficial to the Hong Kong economy, but the impact on growth rate is still unknown. Other factors need to be considered.
The press release issued by the Hong Kong Government said that the peripheral environment worsen, coupled with the continued hindrance of cross -border land freight between Hong Kong and the mainland, caused a heavy blow to the exports of Hong Kong to the mainland.Exports fell 15.6 % year -on -year in the third quarter.
Hong Kong's third quarter service output also fell 3.8 % year -on -year, mainly due to the weakening of cross -border financial and fundraising activities.After the Hong Kong Government relaxes the restrictions on overseas entry quarantine, the output of tourism services has increased significantly by 108%, but it is still much lower than the level before the epidemic.
A number of members of the Legislative Council in Hong Kong and tourists in the tourism industry call on the Hong Kong Government to increase the pace of relaxation of epidemic prevention measures on Saturday and implement the "0+0" entry quarantine arrangement to promote the industry's recovery.
In the third quarter of Hong Kong, private consumption expenditures have almost no change compared with last year, and the overall investment expenditure fell 14.3 % year -on -year.
The Hong Kong Government stated that looking forward to the future, the significant deterioration of the peripheral environment will continue to bring tremendous pressure to the export performance of Hong Kong. The high inflation and monetary policy of the main advanced economies will continue to tighten, and it will further suppress the glorus needs.The tight geopolitical situation and the development of the epidemic have also increased the risk of economic downward.Due to the poor short -term prospects, the GDP growth forecast throughout the year was 0.5%to 0.5%of the positive growth announced by the annual inspection at the time of August, and it was revised to 3.2%downward.
