初步估计显示,香港经济在2025年第一季度同比增长3.1%,高于前三个月修正后的2.5%。这标志着自2023年第四季度以来最强劲的增长,在唐纳德·特朗普全面提高关税之前,旅游业复苏和出口激增。官方数据显示,2025年初游客人数激增,对香港的零售和餐饮业起到了重大推动作用。就净外部需求而言,商品出口飙升(第四季度为8.7%对1.3%),进口也飙升(7.4%对0.4%)。此外,固定资本形成总额恢复(2.8%对-0.7%)。与此同时,家庭消费继续下降(-1.2%对-0.2%),政府支出有所放缓(1.2%对2.1%)。经季节性调整的季度数据显示,经济增长了2%,这是两年来最明显的增长,比前一时期向上修正的0.9%的增长有所加速。
Hong Kong’s economy expanded by 3.1% year-on-year in the first quarter of 2025, accelerating from an upwardly revised 2.5% gain in the previous three-month period, preliminary estimates showed. This marked the strongest growth since the fourth quarter of 2023, leveraging a recovery in tourism and a surge in exports ahead of Donald Trump’s sweeping tariff hikes. Official data revealed a surge in visitor numbers at the start of 2025, providing a significant boost to Hong Kong’s retail and catering sectors. In terms of net external demand, exports of goods soared (8.7% vs 1.3% in Q4), as did imports (7.4% vs 0.4%). Additionally, gross fixed capital formation recovered (2.8% vs -0.7%). Meanwhile, household consumption continued to decline (-1.2% vs -0.2%) and government spending eased (1.2% vs 2.1%). On a seasonally adjusted quarterly basis, the economy advanced by 2%, the most pronounced growth in two years and accelerating from an upwardly revised 0.9% gain in the previous period.