外语教育网
您的位置:外语教育网 > 行业英语 > 新闻英语 > 报刊选读 正文
  • 站内搜索:

香港GDP增长好于预期

2005-11-28 00:00

  Hong Kong's GDP growth better than expected

  Shenzhen Daily

  Hong Kong's economy expanded more than expected in the third quarter and the government raised its full-year growth forecast, citing robust exports, consumer spending and capital investment.

  Gross domestic product (GDP) rose a seasonally adjusted 2.7 percent from the second quarter, when it gained a revised 3.4 percent, the government said in a statement Friday. From the same period in 2004, the economy expanded 8.2 percent, the fastest in more than a year. None of the 17 economists in a survey predicted such rapid growth.

  Hong Kong is benefiting from surging trade and tourism from the mainland.

  Seeking gains from visitors, Walt Disney Co. opened a HK$3.5 billion theme park, Mandarin Oriental International Ltd. and Four Seasons Hotels Inc. opened new hotels and Harvey Nichols Group Plc opened a department store in the city during the quarter.

  "Hong Kong people feel the future is much brighter and they're willing to increase consumption despite higher interest rates," said George Leung, an economist at HSBC Holdings Plc, Hong Kong's largest lender. "People have become more and more convinced the Hong Kong economy will have a long-term uptrend and they don't have to save as much for the future."

  Private consumption increased a seasonally adjusted 2.2 percent in the third quarter from the previous three months, after gaining 0.4 percent in the second quarter.

  The city's exports, the bulk of which are bound for or originate on the mainland, reached a record in September and the jobless rate fell to a four-year low last month.

  The government said the economy expanded 7.3 percent in the first nine months and raised its full-year growth forecast to 7 percent from a maximum 5.5 percent previously.

  "The stronger-than-expected expansion was characterized by continued surge in exports of goods and services, re-acceleration in consumer spending growth, and sustained notable growth in machinery and equipment investment," Hong Kong government economist K C Kwok said in the statement.

  Allowing for inflation, merchandise exports rose 12.8 percent from a year earlier in the third quarter, services exports were up 8.2 percent and consumer spending gained 4.6 percent, the report showed. Investment in plant and machinery surged 8.1 percent and overall investment rose 2.4 percent.

  Independent economists expected GDP to rise 1.4 percent from the second quarter and 6 percent from a year earlier. The most optimistic earlier projections were for respective growth rates of 2.1 percent and 7.7 percent respectively.

相关热词:时文 英语 阅读
行业英语辅导课程
李 健协和医科大学医学博士,美国国立卫生研究院博士后……详情>>
李健:医学英语网上辅导名师
高 云澳大利亚注册会计师协会会员,会计专业硕士……详情>>
高云:财会英语网上辅导名师
李文沛中国政法大学博士,师从著名法学家周忠海教授……详情>>
李文沛:法律英语网上辅导名师

  1、凡本网注明 “来源:外语教育网”的所有作品,版权均属外语教育网所有,未经本网授权不得转载、链接、转贴或以其他方式使用;已经本网授权的,应在授权范围内使用,且必须注明“来源:外语教育网”。违反上述声明者,本网将追究其法律责任。
  2、本网部分资料为网上搜集转载,均尽力标明作者和出处。对于本网刊载作品涉及版权等问题的,请作者与本网站联系,本网站核实确认后会尽快予以处理。本网转载之作品,并不意味着认同该作品的观点或真实性。如其他媒体、网站或个人转载使用,请与著作权人联系,并自负法律责任。
  3、联系方式
  编辑信箱:for68@chinaacc.com
  电话:010-82319999-2371