香港特区政府统计处近日宣布，人口普查资料搜集工作将由以往集中在一个半月内进行，改为分摊 到全年进行，选中住户在资料搜集期间只需填交一份问卷。香港2026年人口普查将于1月1日至12月31日 期间进行。 香港2025年第三季度本地生产总值同比实质上升3.8% 新华社北京12月20日电 港澳台简讯 香港特区政府统计处近日发布数据显示，根据初步统计数字，整体本地生产总值在2025年第三季度 较上年同期实质上升3.8%，而第二季度的升幅为3.1%。 香港2026年人口普查资料搜集改为全年进行 香港特区政府统计处近日发布的2025年第三季度本地居民总收入及相关数字的初步统计显示，第三 季度以当时市价计算的香港本地居民总收入同比上升1.5%，至9082亿港元。 香港第三季度本地居民总收入同比上升1.5% ...

运输、仓库、邮政及速递服务业的增加价值，在2025年第三季与上年同期比较实质上升2.3%，而第二 季的升幅为5.5%。 信息及通讯业的增加价值，在2025年第三季与上年同期比较实质大致维持不变，而第二季的升幅为 0.4%。 金融及保险业的增加价值，在2025年第三季与上年同期比较实质上升5.4%，与第二季的升幅大致相 同。 地产、专业及商用服务业的增加价值，在2025年第三季与上年同期比较录得0.4%的实质升幅，而第二 季的跌幅则为0.7%。 （原标题：香港第三季整体GDP同比实质上升3.8%） 智通财经APP获悉，12月18日，香港特区政府统计处发布2025年第三季环比物量计算按经济活动划分的 本地生产总值初步数字。根据初步统计数字，香港整体本地生产总值在2025年第三季较上年同期实质上 升3.8%，而第二季的升幅为3.1%。 按组成服务行业分析及与上年同期比较，所有服务活动合计的增加价值在2025年第三季实质上升 3.1%，而第二季的升幅为3.4%。 进出口贸易、批发及零售业的增加价值，在2025年第三季与上年同期比较实质上升5.1%，而第二季的 升幅为6.1%。 住宿及膳食服务业的增加价值，在2025年 ...

就投资收益流入的主要组成部分而言，直接投资收益较上年同期下跌4.9%，主要是因为部分本地大型 企业在外地的直接投资收益减少。证券投资收益较上年同期录得10.6%的显著跌幅，主要是由于本地投 资者获取的非本地股权证券的股息收益减少。 智通财经APP获悉，12月15日，香港政府统计处发表2025年第三季的香港本地居民总收入及相关数字的 初步统计数字。2025年第三季以当时市价计算的香港本地居民总收入(指香港居民透过从事各项经济活 动而赚取的总收入)较上年同期上升1.5%至9,082亿港元。同季以当时市价计算的本地生产总值估计为 8,537亿港元，同比升幅为4.8%。2025年第三季的本地居民总收入较本地生产总值多出545亿港元，相当 于该季本地生产总值的6.4%，主要是由于投资收益净流入。 扣除其间价格变动的影响后，2025年第三季的香港本地居民总收入较上年同期实质上升0.2%，而本地 生产总值在同季实质上升3.8%。 2025年第三季的香港初次收入(主要包括投资收益)总流入为5,761亿港元，较上年同期下跌7.4%，相当于 该季本地生产总值的67.5%。与此同时，2025年第三季的初次收入总流出亦较上年同期下跌 ...

Economic Overview - The preliminary GDP for Macau in Q3 2025 is reported at 103.86 billion MOP, reflecting a year-on-year real growth of 8.0%, with the overall economic scale recovering to 92.6% of the same period in 2019 [1] - For the first three quarters of this year, Macau's GDP stands at 301.33 billion MOP, showing a year-on-year real growth of 4.2%, with the economic total recovering to 88.4% of the same period in 2019 [2] Tourism and Service Sector - The increase in visitor arrivals to Macau during the summer tourism peak contributed to a significant rise in service exports, which grew by 10.5% year-on-year, driven by a 13.6% increase in visitor numbers [1] - Specific service exports such as other tourism services and gaming services increased by 7.4% and 14.3% respectively [1] Domestic Consumption - Local private consumption remained robust, with government final consumption expenditure and private consumption expenditure rising by 2.7% and 0.8% year-on-year respectively [1] - In contrast, fixed capital formation saw a decline of 26.1% due to a reduction in private and public construction projects [1] Trade Performance - Merchandise exports in Q3 increased by 4.5% year-on-year, while merchandise imports experienced a decline of 6.5% [1] - The overall price change measured by the GDP implicit price index decreased by 1.1% [2]

Core Viewpoint - Hong Kong's economy showed robust growth in the third quarter of 2025, with a real GDP increase of 3.8% year-on-year, driven by strong export performance and expanding domestic demand [1][2]. Group 1: Economic Performance - The third quarter saw private consumption expenditure rise by 2.1% year-on-year [1]. - Government consumption expenditure, as defined by national economic accounting, increased by 1.6% year-on-year [1]. - Overall investment expenditure accelerated due to economic expansion and stabilization in the residential property market [1]. Group 2: Trade and Exports - Total goods exports rose by 12.2% year-on-year, while total goods imports increased by 11.7% [1]. - Strong demand for electronic-related products and active regional trade contributed to significant growth in overall goods exports [1][2]. Group 3: Services Sector - Service output increased by 6.1% year-on-year, while service input rose by 2.6% [1]. - The growth in service output was primarily supported by the continued increase in tourism and active cross-border financial activities amid rising global stock markets [1]. Group 4: Future Outlook - The outlook for Hong Kong's economy remains positive, with expectations of further steady growth in the remaining months of the year [2]. - Continued strong demand for electronic products and increasing visitor numbers are expected to support both goods and service exports [2]. - Improvements in consumer confidence and business sentiment, along with government measures to diversify the economy, are anticipated to bolster local consumption and investment activities [2].

Core Viewpoint - The Hong Kong economy is expected to continue its robust growth for the remainder of 2025, driven by strong export performance and expanding domestic demand [1][5]. Economic Growth - In Q3 2025, Hong Kong's real GDP grew by 3.8% year-on-year, an increase from 3.1% in Q2 [1]. - Seasonally adjusted, the real GDP rose by 0.7% compared to the previous quarter [1]. Consumption and Investment - Private consumption expenditure increased by 2.1% year-on-year in Q3, up from 1.9% in Q2 [1]. - Government consumption expenditure recorded a real increase of 1.6% year-on-year in Q3, down from 2.5% in Q2 [1]. - Local fixed capital formation rose by 4.3% year-on-year in Q3, following a 1.9% increase in Q2 [1]. Trade Performance - Goods exports saw a real increase of 12.2% year-on-year in Q3, compared to 11.5% in Q2 [1]. - Goods imports rose by 11.7% in Q3, down from 12.6% in Q2 [1]. Service Sector - Service output increased by 6.1% year-on-year in Q3, following an 8.6% rise in Q2 [2]. - Service input grew by 2.6% in Q3, compared to 7.3% in Q2 [2]. - The tourism sector and active cross-border financial activities supported the expansion of service output [3]. Future Outlook - The government anticipates further economic growth due to moderate global economic growth and strong demand for electronic products, which will support goods exports [5]. - An increase in visitor arrivals and active financial market activities are expected to boost service exports [5]. - Local consumption and investment activities are likely to be supported by the recovery of consumer confidence and recent interest rate cuts by the U.S. [5]. - Retail sales value for the first nine months of the year showed a temporary decline of 1.0% year-on-year, but September recorded a 5.9% increase, marking the fifth consecutive month of growth [5].

Core Viewpoint - Hong Kong's GDP experienced a year-on-year growth of 3.8% in Q3 2025, an increase from 3.1% in Q2 2025, driven by strong export performance and expanding domestic demand [1][3]. Economic Performance - The local GDP in Q3 2025 rose by 3.8% compared to the same period last year, while the previous quarter's growth was 3.1% [1][3]. - Private consumption expenditure increased by 2.1% year-on-year in Q3 2025, up from 1.9% in Q2 2025 [1]. - Government consumption expenditure recorded a 1.6% increase year-on-year in Q3 2025, down from 2.5% in Q2 2025 [1]. Investment and Trade - Gross fixed capital formation rose by 4.3% year-on-year in Q3 2025, following a 1.9% increase in Q2 2025 [2]. - Merchandise exports saw a significant increase of 12.2% year-on-year in Q3 2025, compared to 11.5% in Q2 2025 [2]. - Merchandise imports increased by 11.7% year-on-year in Q3 2025, slightly down from 12.6% in Q2 2025 [2]. Service Sector - Service output grew by 6.1% year-on-year in Q3 2025, following an 8.6% increase in Q2 2025 [2]. - Service input rose by 2.6% year-on-year in Q3 2025, down from 7.3% in Q2 2025 [2]. Future Outlook - The Hong Kong economy is expected to continue its robust growth for the remainder of 2025, supported by moderate global economic growth and strong demand for electronic products [4]. - The increase in visitor arrivals and active financial market activities are anticipated to further boost service exports [4]. - Local consumption and investment activities are expected to be supported by improved consumer confidence and government measures to diversify the economy [4].

Core Insights - The overall local GDP in Hong Kong for Q2 2025 increased by 3.1% year-on-year, slightly up from 3.0% in Q1 2025 [1] Service Industry Analysis - The value added by all service activities rose by 3.4% in Q2 2025 compared to the same period last year, an increase from 2.5% in Q1 2025 [1] - The value added in import and export trade, wholesale, and retail increased by 6.1% year-on-year in Q2 2025, up from 4.2% in Q1 2025 [1] - The accommodation and food services sector saw a decline of 1.8% in value added year-on-year in Q2 2025, consistent with the decline in Q1 2025 [1] - The transportation, warehousing, postal, and courier services sector experienced a 5.6% increase in value added year-on-year in Q2 2025, compared to 2.6% in Q1 2025 [1] - The information and communications sector's value added rose by 1.1% year-on-year in Q2 2025, similar to the growth in Q1 2025 [1] - The financial and insurance sector's value added increased by 5.3% year-on-year in Q2 2025, up from 4.2% in Q1 2025 [1] - The real estate, professional, and business services sector recorded a slight decline of 0.2% in value added year-on-year in Q2 2025, an improvement from a 0.5% decline in Q1 2025 [1][2] Other Industries - The value added by the local manufacturing sector increased by 0.9% year-on-year in Q2 2025, up from 0.7% in Q1 2025 [2] - The electricity, gas, and water supply and waste management sector saw a 0.2% increase in value added year-on-year in Q2 2025, recovering from a 1.3% decline in Q1 2025 [2] - The construction sector experienced a significant decline of 8.7% in value added year-on-year in Q2 2025, following a 4.9% decline in Q1 2025 [3]

Core Insights - The overall local GDP in Hong Kong for Q2 2025 increased by 3.1% compared to the same period last year, slightly up from a 3.0% increase in Q1 2025 [1] Service Industry Analysis - The total value added by all service activities rose by 3.4% in Q2 2025, compared to a 2.5% increase in Q1 2025 [1] - The value added by import and export trade, wholesale, and retail increased by 6.1% in Q2 2025, up from 4.2% in Q1 2025 [1] - Accommodation and food services saw a decline of 1.8% in value added in Q2 2025, consistent with the decline in Q1 2025 [1] - The transportation, warehousing, postal, and courier services sector increased by 5.6% in Q2 2025, compared to a 2.6% increase in Q1 2025 [1] - The information and communications sector's value added rose by 1.1% in Q2 2025, similar to the growth in Q1 2025 [1] Financial and Professional Services - The financial and insurance sector's value added increased by 5.3% in Q2 2025, up from 4.2% in Q1 2025 [2] - The real estate, professional, and business services sector recorded a decline of 0.2% in Q2 2025, an improvement from a 0.5% decline in Q1 2025 [2] - Public administration, social, and personal services increased by 2.2% in Q2 2025, compared to a 1.7% increase in Q1 2025 [2] Manufacturing and Other Industries - The local manufacturing sector's value added rose by 0.9% in Q2 2025, compared to a 0.7% increase in Q1 2025 [2] - The electricity, gas, and water supply and waste management sector saw a 0.2% increase in value added in Q2 2025, recovering from a 1.3% decline in Q1 2025 [2] Construction Industry - The construction sector experienced a significant decline, with value added dropping by 8.7% in Q2 2025, following a 4.9% decline in Q1 2025 [3]

Economic Overview - The overall local GDP in Hong Kong for Q2 2025 increased by 3.1% compared to the same period last year, slightly up from a 3.0% increase in Q1 2025 [1] Service Industry Analysis - The total value added by all service activities rose by 3.4% in Q2 2025, compared to a 2.5% increase in Q1 2025 [1] - The value added by import and export trade, wholesale, and retail industries increased by 6.1% in Q2 2025, up from a 4.2% increase in Q1 2025 [1] - The accommodation and food services sector saw a decline of 1.8% in value added in Q2 2025, consistent with a similar decline in Q1 2025 [1] - The transportation, warehousing, postal, and courier services sector increased by 5.6% in Q2 2025, compared to a 2.6% increase in Q1 2025 [1] - The information and communications sector's value added rose by 1.1% in Q2 2025, remaining stable compared to Q1 2025 [1] Financial and Professional Services - The financial and insurance sector's value added increased by 5.3% in Q2 2025, up from a 4.2% increase in Q1 2025 [2] - The real estate, professional, and business services sector recorded a slight decline of 0.2% in Q2 2025, an improvement from a 0.5% decline in Q1 2025 [2] - The public administration, social, and personal services sector increased by 2.2% in Q2 2025, compared to a 1.7% increase in Q1 2025 [2] Manufacturing and Utilities - The local manufacturing sector's value added rose by 0.9% in Q2 2025, compared to a 0.7% increase in Q1 2025 [2] - The electricity, gas, water supply, and waste management sector saw a 0.2% increase in value added in Q2 2025, recovering from a 1.3% decline in Q1 2025 [2] Construction Industry - The construction sector experienced a decline of 8.7% in value added in Q2 2025, following a 4.9% decline in Q1 2025 [3]