Hong Kong’s economy expanded notably by 4. Overall faircent economic times forex prices rose by 1.
April 2018 over the same month a year earlier. Looking ahead, eco economic times forex price pressures are expected to increase somewhat. The Government forecasts Hong Kong’s consumer price to increase by 2. The value of retail sales, in nominal terms, increased by 12.
April 2018, slightly quickened from 11. The labour market conditions remain tight, with the seasonally adjusted unemployment rate reaching a 20-year low of 2. Merchandise exports increased solidly by 8. Hong Kong is the world’s freest economy. Hong Kong is the world’s 7th largest exporter of merchandise trade and the world’s 15th largest exporter of commercial services in 2017.
In terms of FDI stock, Hong Kong is the world’s 2nd largest investor and host, after the United States. Hong Kong is a global offshore RMB business hub. As at the end of December 2017, Hong Kong’s stock market ranked the 3rd largest in Asia and the 6th largest in the world in terms of market capitalisation. Hong Kong is the 3rd leading global financial centre, only after London and New York, according to the Global Financial Centre Index. The Hong Kong International Airport is the world’s busiest airport for international cargoes. Hong Kong is also one of the world’s busiest container ports. In 2017, Hong Kong ranked fifth in the world in terms of container throughput.
The Chief Executive, Mrs Carrie Lam, unveiled her 2017 Policy Address on 11 October 2017. 2 million of profits proposed to be lowered to 8. Lok Ma Chau Loop, and through the Guangdong-Hong Kong-Macau Bay Area development and collaboration between Hong Kong and Shenzhen, develop an international IT hub in the Bay Area. Increase the Gross Domestic Expenditure on research and development as a percentage of the Gross Domestic Product from 0. The clock will display the different times, the open markets and market holiday and it will show you the news you select to see. Indicator displays News with a market clock.