Hong Kong Financial Secretary Paul Chan Mo-po stated in a blog post on the 10th that the Hong Kong government expects the city's economy to continue to gain momentum for the rest of the year, with full-year economic growth forecasted to be near the lower end of the original range. Chan Mo-po pointed out that the estimated economic growth rate for the first three quarters released earlier was 2.6%. Although the growth rate slowed in the third quarter, with peripheral interest rates gradually declining and the central government introducing a series of measures to stabilize the economy, the market sentiment has improved. The stock and property markets have seen increased trading activity, leading to an expected close to 2.5% full-year economic growth for Hong Kong. (Xinhua Finance)
陈茂波:预计香港全年经济增长约为2.5%
Paul Chan Mo-po: It is estimated that Hong Kong's full-year economic growth will be around 2.5%.
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