Hong Kong's Q1 GDP Grows 5.9%, Highest in Nearly 5 Years
Hong Kong's GDP grew by 5.9% in the first quarter of 2026, marking its highest growth in nearly five years. This expansion is driven by strong global demand for AI-related electronics, increased tourism, and active cross-border financial activities.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 19:19
- 🔍 Collected: May 5, 2026 at 19:31 (12 min after Published)
- 🤖 AI Analyzed: May 5, 2026 at 21:42 (2h 11m after Collected)
Central News Agency
(Central News Agency reporter Chang Chien, Hong Kong 5th) The Hong Kong Census and Statistics Department today announced the preliminary estimate for the first quarter's Gross Domestic Product (GDP), expecting a 5.9% growth compared to the same period last year, continuing to rise from 4% in the fourth quarter of 2025.
A spokesperson for the Hong Kong government stated that in the first quarter of this year, the local economy expanded strongly, with the quarterly increase being the strongest in nearly five years.
Looking ahead, the spokesperson said that Hong Kong's economic growth outlook remains positive, benefiting from strong global demand for artificial intelligence-related electronic products, continued growth in tourist arrivals, and active cross-border financial activities; a relatively robust business and consumer sentiment is expected to continue supporting local demand.
However, the spokesperson also mentioned that the ongoing tensions in the Middle East pose a downside risk to the economic outlook. (Editor: Yang Sheng-ju) 1150505
Stand with the facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.
(Central News Agency reporter Chang Chien, Hong Kong 5th) The Hong Kong Census and Statistics Department today announced the preliminary estimate for the first quarter's Gross Domestic Product (GDP), expecting a 5.9% growth compared to the same period last year, continuing to rise from 4% in the fourth quarter of 2025.
A spokesperson for the Hong Kong government stated that in the first quarter of this year, the local economy expanded strongly, with the quarterly increase being the strongest in nearly five years.
Looking ahead, the spokesperson said that Hong Kong's economic growth outlook remains positive, benefiting from strong global demand for artificial intelligence-related electronic products, continued growth in tourist arrivals, and active cross-border financial activities; a relatively robust business and consumer sentiment is expected to continue supporting local demand.
However, the spokesperson also mentioned that the ongoing tensions in the Middle East pose a downside risk to the economic outlook. (Editor: Yang Sheng-ju) 1150505
Stand with the facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.