Hong Kong's Financial Secretary releases a new budget focusing on expanding economic capacity. Last year, Hong Kong's economy recorded positive growth of 3.2%.
Chan Mo-po predicted that the external environment this year will still be complex, putting pressure on exports. But factors such as expectations of U.S. interest rate cuts, the continued recovery of tourism and the continued shift of the global economic center of gravity to the east will help Hong Kong’s economic growth by 2.5% to 3.5%.