财经杂志 . 《财经》杂志官方微信。《财经》杂志由中国证券市场研究中心主办，1998年创刊，秉承"独立、独 家、独到"的新闻理念，以权威性、公正性、专业性报道见长，是政经学界决策者、研究者、管理者的 必读刊物。 以下文章来源于财经杂志 ，作者焦建 北上消费潮。 作者 | 《财经》特派香港记者 焦建 编辑 | 苏琦 来源 | 财经杂志 (ID: i-caijing) 每逢周末及热门节假日深港两地间过关人潮拥堵现象出现数年后，与之相关的研究开始 揭示其内在的作用机制及可能的未来趋势。 "有别于大众观感，分析中国香港特区政府等相关数据可以发现，港人北上消费没有挤压 其本地消费。" 6月19日下午，以疫情复常后中国香港市民北上消费趋势为研究对象的一项系统性研究成 果公布，负责该项目的香港中文大学伟伦经济学教授及经济系主任宋铮在相关发布会上 透露了上述观点。 该项研究以"港人北上消费：规模、目的地及消费特征"为题，通过综合分析中国香港特 区政府统计资料及Ali pa yHK数据模型得出结论，除前述港人在内地消费并无挤压港人在 香 港 消 费 的 结 论 ， 该 研 究 在 分 析 原 因 时 则 指 出 ， 港 人 在 ...

Core Insights - The integration of the Greater Bay Area (GBA) is enhancing the potential of a "Digital Bay Area" as evidenced by a recent study from The Chinese University of Hong Kong, which indicates that Hong Kong residents' consumption in mainland China does not detract from their spending in Hong Kong [1][5] - The study, supported by AlipayHK and Ant Group, reveals that Hong Kong residents are increasingly traveling further into mainland China for consumption, extending beyond major cities to lower-tier cities and popular tourist destinations [3][5] Group 1: Consumption Trends - Hong Kong residents' spending in mainland China is primarily focused on lifestyle services, while their spending in Hong Kong is concentrated in retail and dining sectors [1][5] - The number of trips made by Hong Kong residents to mainland China has returned to pre-pandemic levels in 2024, with cross-border consumption not negatively impacting local spending [5][6] - AlipayHK data shows that nearly half of the spending by frequent travelers to mainland China is on experiential services, such as health and beauty, contrasting with their local spending habits [5][6] Group 2: Digital Payment and Integration - The digital service experience is becoming a catalyst for the integration of the GBA, with AlipayHK expanding its services beyond payments to include transportation and appointment services [5][6] - Over 2 million Hong Kong residents have used AlipayHK for cross-border consumption in the past year, with 20% developing a habit of using a single app for various services, enhancing the convenience of cross-border transactions [6] - The growth of digital technology in mainland China has significantly boosted service consumption, with small and micro businesses seeing annual sales and transaction growth of 15.5% and 11.9%, respectively [6]

Core Insights - The trend of Hong Kong residents traveling to mainland China for consumption has become a norm, with no significant negative impact on local spending in Hong Kong [1][2] - The research indicates that the consumption patterns of Hong Kong residents differ significantly between mainland China and Hong Kong, with a focus on service consumption in the mainland [2][3] Group 1: Consumption Patterns - Hong Kong residents' spending in mainland China is primarily on life services, while local spending is concentrated in retail and dining sectors [1][2] - The study shows that the number of trips made by Hong Kong residents to mainland China has returned to pre-pandemic levels, indicating a stable consumption pattern [1][2] Group 2: Digitalization Impact - The digitalization of services has facilitated over 2 million Hong Kong residents to engage in consumption in mainland China, enhancing the integration of the Greater Bay Area [3] - AlipayHK's cross-border services have evolved beyond simple payments to include various scenarios such as transportation and appointment services, promoting a seamless consumer experience [3] Group 3: Future Outlook - The ongoing trend of consumption in mainland China is expected to persist, with spending levels returning to normal without drastic changes in the short term [2] - The rapid development of digital technology in mainland China has significantly boosted service consumption growth, with small businesses experiencing notable increases in sales and transaction volumes [3]

智通财经APP获悉，近日，香港中文大学社会科学院经济学系举行了"港人北上消费：规模、目的地及 消费特征"的研究成果发布会，旨在深入分析香港市民在内地的消费行为及其对本地消费的影响。自疫 情复常以来，港人北上消费已成为常态。透过分析香港政府统计处及AlipayHK的数据模型，研究发现 港人在内地的消费并未对香港本地的消费造成挤压。 研究结果显示，港人北上的消费地点由最初的粤港澳大湾区逐渐扩展至其他内地城市，包括中山、江门 以及重庆和长沙等地。这一变化表明，跨境消费市场正日益一体化。同时，支付方式的便利化也促进了 港人北上的消费增长。 根据AlipayHK的数据，港人在内地的消费行为主要集中于生活服务类，而在香港则偏向零售和餐饮 业。在内地，服务业的消费占港人总支出的近一半，而零售业仅占28%。反之，在香港，零售业和餐饮 业的消费则分别占58%和29%。这一差异突显了港人在两地的消费偏好不同，特别是在生活服务类的需 求上。 宋铮教授呼吁香港政府应关注香港本地服务业面临的压力，并提出针对性支持措施。他强调，随着跨境 消费的日益融合，中国内地的服务已成为港人消费的重要选择，这需要政策制定者的重视和对策。 Alipay ...

Core Insights - The integration of digital services in the Guangdong-Hong Kong-Macao Greater Bay Area is enhancing the potential of the "Digital Bay Area" [1][6] - The study conducted by The Chinese University of Hong Kong reveals that Hong Kong residents' consumption in mainland China does not detract from their local spending [1][6] Group 1: Consumption Trends - Hong Kong residents are increasingly traveling beyond traditional destinations like Guangzhou and Shenzhen for consumption, now including cities like Zhongshan and Jiangmen, as well as popular tourist spots in other provinces such as Chongqing and Changsha [3][6] - The study indicates that nearly half of the spending by Hong Kong residents in mainland China is on service experiences, while their local consumption is primarily focused on retail and dining [6][8] Group 2: Digital Payment and Service Integration - AlipayHK, with over 4.5 million active users, has facilitated a seamless cross-border payment experience, allowing users to engage in various services such as ride-hailing and restaurant reservations through a single app [3][8] - The convenience of digital payment has transformed cross-border spending from spontaneous to habitual, enhancing consumer satisfaction and promoting the integration of people and capital flows within the Greater Bay Area [8] Group 3: Economic Impact - The use of digital platforms for online sales has led to a 15.5% increase in annual sales and an 11.9% rise in transaction volume for small and micro service businesses in mainland China [8] - Mobile payment is projected to boost household consumption in mainland China by 16%, contributing to a decrease in the Engel coefficient by 1.7 percentage points [8]

根据报告分析，香港居民在内地和香港的消费模式有明显差异。曾在内地进行交易的AlipayHK"资 深"用户中，服务业消费约占其在内地总支出的50%，而零售业消费仅占28%。进一步细分香港居民在 内地的服务业消费类型，生活服务类消费占比超过80%。而用户在香港的消费则大部分集中在零售业及 餐饮业，分别占58%及29%，服务业只占12%。 宋铮表示，虽然香港居民在内地的消费集中在个人服务领域，但比较其在香港同期的个人服务领域开 支，发现该项开支并未缩减。他推测，这是因为内地服务业提供了香港本地无法消费到的服务产品，内 地的服务消费与香港的服务消费并不产生直接的竞争。 对于"港人北上"的新变化，宋铮指出，根据Alipay提供的数据分析，香港居民在内地的消费正逐步由深 圳、广州等大湾区一线内地城市逐步扩散到内地其他地区，显示跨境消费市场逐步一体化。港人北上热 潮和支付方式便利化、普及化，也为内地消费市场带来了明显的消费溢出效应。 21世纪经济报道记者 张伟泽 香港报道 6月19日，香港中文大学伟伦经济学教授宋铮及其研究团队发布"港人北上消费规模、目的地及消费特 征"研究报告。宋铮指出，根据研究结果，不同于大众的感受，香 ...