Chen Maobo, the director of the Hong Kong Financial Secretary, pointed out on Sunday (May 5) that the Hong Kong economy has maintained a momentum, but the peripheral environment is still complicated and changing, and there are many uncertainty.

Chen Maobo wrote on the blog that the US Federal Reserve has maintained interest rates last week. In addition to the stagnant process of the slowdown in US inflation in recent months, the market's expectations for US interest rates this year are significantly reduced compared with the beginning of the year.EssenceThe polykou stays at a high level for a long time, which will have an impact on the recovery of global economic recovery, exports of Hong Kong, Hong Kong investment intention and asset market performance.

He admits that the continuous strong part of Hong Konghui also affects the intention of foreign tourists to go to Hong Kong for consumption. In addition, the changes in the consumption model of Hong Kong citizens and Hong Kong visitors have brought challenges to the consumer industry such as Hong Kong and catering.

Chen Maobo believes that in the face of the general changes, in addition to focusing on creating consumer time and scenes, including vigorously promoting the event economy, it is also important in the stage of iteration of the new and old models of the consumer market.The development of new product development "and" new model operations "can make breakthroughs in business.

He further introduced that new products not only respond to the needs of consumers' continuous transformation, but also help create new demand and increase sales. As for the operation of the new model, letting enterprises use more data -based management solutions.Help enterprises reduce costs and improve quality and efficiency.

The GDP of Hong Kong has increased by 2.7%year -on -year in the first quarter of this year. This is the five consecutive quarters of the Hong Kong economy.

On the other hand, Chen Maobo met with Liao Yan, deputy minister of the Chinese Ministry of Finance on Saturday (4th), the capital of Georgia.The two participated in the annual meeting of the Asian Development Bank Council in Pilis.

The official website of the Hong Kong Special Administrative Region Government announced that the two exchanged the economic development of mainland China and Hong Kong and discussed the global economic and financial situation.