根据香港特区政府统计处7月31日发布的预估数字，2025年第二季度本地生产总值较上年同期实质上升 3.1%，比第一季的升幅提高0.1个百分点。经季节性调整后按季比较，实质上升0.4%。 这也是香港GDP连续第十个季度增长。 具体来看，私人消费开支在连续四季下跌后恢复温和增长，较上年同期实质上升1.9%，而一季度是下 跌1.2%。政府消费开支较上年同期实质上升2.5%，高于一季度1.6个百分点。 本地固定资本形成总额继一季度实质上升1.1%后，在二季度取得2.9%的同比增幅。 服务输出继一季度实质上升6.3%后，二季度同比增幅进一步扩大至7.5%。服务输入在二季度实质上升 7.0%，而一季度的升幅为4.7%。 货品出口总额同比实质增长11.5%，升幅较第一季的8.4%进一步加快。同期，货品进口总额实质上升 12.7%，也高于第一季的升幅（7.2%）。 香港特区政府发言人认为，香港经济在2025年上半年展现相当的韧性。展望未来，亚洲尤其是内地经济 持续稳步增长，加上政府多项提振消费气氛、吸引投资、开拓多元化市场，以及推动经济增长的措施， 将为香港经济提供坚实支持。 同一天，特区政府统计处还公布了最新的零售业销货额 ...

Economic Performance - Hong Kong's economy shows resilience in the first half of 2025, supported by strong export performance and improved local demand [1][2] - The GDP in Q2 2025 increased by 3.1% year-on-year, marking the tenth consecutive quarter of growth [1] - Private consumption expenditure rebounded with a 1.9% increase year-on-year after four consecutive quarters of decline [1] Retail Sector - Retail sales value in June 2025 was estimated at HKD 30.1 billion, a year-on-year increase of 0.7% [2] - Seasonally adjusted retail sales value in Q2 2025 rose by 0.3% compared to Q1 2025, while retail sales volume increased by 2.7% [2] - The retail sector is stabilizing, supported by rising employment income and a positive stock market [2] Trade and Exports - Total merchandise exports grew by 11.5% year-on-year, accelerating from 8.4% in Q1 2025 [1][3] - Merchandise imports also increased by 12.7%, higher than the 7.2% growth in Q1 2025 [1] Financial Market - The Hong Kong stock market saw significant activity with 42 IPOs raising over HKD 107 billion in the first half of 2025, a 22% increase compared to the previous year [3] - The Hang Seng Index rose by 20% in the first half of 2025, marking the largest half-year increase in history [3] Government Initiatives - The Hong Kong government is implementing measures to boost consumption, attract investment, and diversify markets to support economic growth [2][4] - New initiatives include the "New Industrial Acceleration Program" and "New Industrialization Subsidy Program" to support strategic industries [3][4] - The government is also consulting on legislation for digital asset trading and custody services to promote the digital asset market [4]

Economic Overview - Hong Kong's economy showed robust performance in Q1 2023, with real GDP growing by 3.1% year-on-year, an acceleration from 2.5% in the previous quarter. Seasonally adjusted, the real GDP increased by 1.9% quarter-on-quarter [1][2]. Government Focus Areas - The Hong Kong government is concentrating on four main areas: consolidating market fundamentals, driving economic transformation through reform and innovation, exploring new markets and opportunities, and accelerating the development of the Northern Metropolis [1][2]. Economic Transformation - Hong Kong is building a new industrial ecosystem centered around artificial intelligence (AI), establishing the Hong Kong AI Research Institute, and enhancing key elements such as computing power, algorithms, data, talent, and funding [2]. Market Expansion - The government aims to strengthen ties with traditional markets while expanding into emerging markets in the "Global South." Policy tools will be flexibly adjusted to assist businesses in navigating challenges and seizing opportunities [2]. Northern Metropolis Development - There is an emphasis on accelerating the construction of the Northern Metropolis and enhancing collaboration with other cities in the Greater Bay Area to inject new momentum and development into the economy [2]. Economic Forecast - The forecast for Hong Kong's real GDP growth for the full year 2025 remains at 2% to 3%, with overall consumer price inflation projected at 1.5% and 1.8% respectively [2].