The steady growth of Hong Kong’s GDP is expected to continue in the first quarter, with a forecasted range of 2.5% to 3.5%. This growth has been sustained for five consecutive quarters, reflecting the city’s commitment to promoting economic development and creating new opportunities.
Hong Kong is also putting efforts towards attracting more tourists through mega events like fireworks displays. During the upcoming labor day holiday on Wednesday, it is estimated that 800,000 visitors will come to the city. These events are part of a strategy to boost tourism and drive economic growth in Hong Kong.
Despite the ongoing challenges, Hong Kong remains focused on maintaining a steady pace of growth and attracting visitors through these initiatives. The city’s commitment to tourism and events aligns with its overall goal of promoting economic development and creating new opportunities for the future.