India, May 16 -- Hong Kong's economy expanded at an accelerated pace as initially estimated in the first quarter of 2025, the latest data from the Census and Statistics Department showed Friday.
Gross domestic product advanced 3.1 percent year-over-year in the first quarter, faster than the 2.5 percent growth in the fourth quarter. That was in line with the flash data published earlier.
The solid and accelerated growth in the first quarter was driven by visible increases in exports of goods and services, as well as the resumption of moderate growth in overall investment expenditure.
Total exports of goods grew 8.4 percent annually in real terms, thanks to the further increase in visitor arrivals, growth in cross-boundary traffic, and not...