Hong Kong Photo:VCG
BEIJING, May 3, Global Times - Hong Kong’s GDP saw an increase of 7.8 percent in the first quarter this year, substantially beating market expectations of around 3.7 percent and ending six straight quarters of growth decline, according to data released by the government of the Hong Kong Special Administration Region (HKSAR) on Monday.
“Hong Kong's economy recovered significantly in the first quarter of 2021, which should be attributed to the strong growth of goods exports under the global economic recovery led by the Chinese mainland and the US, ” an HKSAR government spokesman said.
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