Optimism over city's 2013 outlook grows

    Updated: 2013-01-08 07:31

    By Sophie He(HK Edition)

      Print Mail Large Medium  Small 分享按鈕 0

    Rising mainland, foreign demand expected to lift HK's export recovery

    Supported by rising demand from the mainland and the rest of the world, government officials and economists have turned more optimistic about the Hong Kong economy's prospect in 2013 and expect exports to see a recovery.

    As long as the US, Europe and Japan's economies do not deteriorate sharply, the overall economic situation in Asia will be be maintained at a good level (this year), Financial Secretary John Tsang Chun-wah told a forum in Hong Kong on Monday.

    He also sees Hong Kong's export improving in 2013 and the city's economic growth to be back on track boosted by the mainland's economic growth.

    Looking back, Tsang had not always been so optimistic about Hong Kong's economic growth. He had warned in September last year that Hong Kong's risk of a "technical recession" may increase after exports declined and retail sales slowed down then.

    He also said in October 2012 that Hong Kong had to be aware of the risks that its economy may deteriorate further due to a difficult external environment.

    Tsang became more bullish about the city's economy after seeing the economic growth on the mainland had stabilized since the third quarter of 2012.

    "Economic data of November (2012) has confirmed that economic activities on the mainland, especially domestic demands, are bottoming out," he said, adding that he believes that the mainland will record a faster economic growth this year.

    Tsang's view was echoed by Ma Jun, chief economist for Greater China at Deutsche Bank, who also sees that the mainland's economic growth accelerating. Ma said that China's GDP growth is likely to be 8 percent in the first half of this year and 8.5 percent in the second half, due to the increase in investments as well as the recovery in exports.

    To reflect the global demand recovery, Hong Kong's economic growth is expected to rise to 2.5 percent this year from a 1.3 percent growth in 2012, said Ma, adding that he sees the city's economic expansion to further accelerate to 4.5 percent next year.

    Last week, The University of Hong Kong also revised upwards its forecast for Hong Kong's economic growth in the fourth quarter of 2012 to 2.2 percent from 1.9 percent, due to the external demand recovery. HKU also expects that Hong Kong's GDP growth to be as much as 4.3 percent in 2013.

    Although it seems that Hong Kong is heading for a better year, both Tsang and Ma warned about potential risks in the local housing markets.

    Ma pointed out that the Hong Kong government has promised that it will suppress the investment demands in the local housing market and to increase the supply. Meanwhile, the US may increase its interest rate sooner than expected, and both these factors will have significant impact on the local property markets.

    Tsang stressed that the Hong Kong government is committed to cooling down the "over excited" housing market and will continue to introduce measures (targeting the real-estate industry) when needed without any hesitation.

    sophiehe@chinadailyhk.com

    (HK Edition 01/08/2013 page2)

    亚洲精品无码高潮喷水在线| 亚洲AV永久无码精品一区二区国产 | 免费无码婬片aaa直播表情| 最近中文字幕免费完整| 91嫩草国产在线无码观看| 中文精品无码中文字幕无码专区| 中文字幕久久波多野结衣av| 国产精品无码a∨精品| 在线亚洲欧美中文精品| 无码AV大香线蕉| 国产仑乱无码内谢| 无码人妻AV免费一区二区三区| 亚洲不卡无码av中文字幕| 免费无码国产在线观国内自拍中文字幕| 久久午夜福利无码1000合集| 亚洲AV永久无码精品一区二区| 久久无码av三级| 人妻无码第一区二区三区| 亚洲国产精品无码久久久秋霞2| 中文字幕人成乱码在线观看| 最近免费中文字幕大全免费版视频| 中文字幕网伦射乱中文| 亚洲AV无码AV男人的天堂不卡| 蜜芽亚洲av无码精品色午夜| 国产资源网中文最新版| 无码AⅤ精品一区二区三区| 无码人妻一区二区三区精品视频 | 精品人妻无码一区二区色欲产成人| 日韩精品无码人成视频手机| 精品久久久无码人妻中文字幕| 无码任你躁久久久久久| 亚洲精品无码专区久久同性男| 日韩免费a级毛片无码a∨| 日无码在线观看| 中文字幕人妻色偷偷久久| 狠狠躁天天躁无码中文字幕图| 亚洲国产精彩中文乱码AV| 亚洲av中文无码乱人伦在线咪咕| 中文无码制服丝袜人妻av| 亚洲熟妇中文字幕五十中出| 久久ZYZ资源站无码中文动漫|