Hong Kong’s economy continued its positive trajectory, expanding by 2.4 percent in the fourth quarter of 2024 compared to the previous year, according to official estimates released on Monday. This marks the eighth consecutive quarter of growth, reinforcing the city’s strong position in global trade and commerce.
The latest figures slightly exceeded market expectations of 2.3 percent and followed steady expansion throughout the year, with previous quarters recording growth of 1.9 percent, 3.1 percent, and 2.8 percent. The sustained momentum highlights the resilience of Hong Kong’s economy, supported by thriving trade activity, investment flows, and consumer confidence.
As an international trade and financial hub, Hong Kong continues to benefit from its strong connectivity with global markets. The positive growth trend reflects the city’s commitment to fostering open trade, attracting business investments, and enhancing its role in regional and international commerce.
With a focus on expanding trade partnerships and strengthening economic policies, Hong Kong remains well-positioned to drive further growth and innovation in the global marketplace.
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