The Hong Kong Special Administrative Region Government's annual economic growth forecast is 0.5%to 0.5%, which is lower than the estimated 1%to 2%. In this regard, Chen Maobo, the director of the Financial Secretary, admits that the number is unsatisfactory.
According to the Hong Kong News Agency, Chen Maobo published a blog on Sunday (August 14) that even if the economy has increased by 1%in the second quarter, the situation is still worrying compared with the same period last year.EssenceHong Kong's second quarter economy fell 1.3%year -on -year. After the first quarter of which contracted 3.9%year -on -year, the second quarter showed negative growth.The international geopolitical situation and global inflation have intensified, and the economy is weak, which seriously dragged out the performance of Hong Kong exports.
Chen Maobo believes that considering that the economy has shrunk by 2.6%year -on -year, it is estimated that the economy should improve slightly this year. The actual situation still depends on the peripheral changes and the Hong Kong crown disease.
In April this year, Hong Kong issued the first stage of electronic consumer coupons.Chen Maobo pointed out that electronic consumer vouchers have made private consumer expenditures the main force to support the Hong Kong economy, but it is not enough to completely offset the influence of weak exports.
In addition, the "suspension of the rent -chasing regulations" will be implemented in May, and the three -month "protection period" has just ended at the end of July.Chen Maobo believes that the measures have promoted some merchants to successfully reaches the lease or adjust the rental agreement with the owner, so that they can continue to operate, and strive to grasp the consumer demand brought by consumer vouchers.At present, the HKMA and the company's company have strengthened communication with banks, small and medium -sized enterprises, and industry organizations to provide assistance to merchants facing short economic difficulties.
