In the first quarter of 2018, Hong Kong’s economy grew by 4.7 per cent year-on-year in real terms, up from 3.8 per cent growth in 2017.
The growth of private consumption expenditure quickened to 8.6 per cent in real terms in the first quarter over a year earlier, from 5.5 per cent in 2017.

Total exports of goods grew by 5.2 per cent year-on-year in real terms in the first quarter, after increasing by 5.9 per cent in 2017, while exports of services grew solidly by 7.5 per cent in real terms in the first quarter, up from 3.2 per cent growth for 2017.

The four pillar economic sectors of Hong Kong are trading and logistics, financial services, professional services and other producer services and tourism. The industries which Hong Kong has clear advantages in for further development are cultural and creative, medical services, education services, innovation and technology, testing and certification services and environmental industries, which together accounted for 8.9 per cent of GDP in terms of value-added in 2016.

Hong Kong is a highly attractive market for foreign direct investment. Global FDI inflows to Hong Kong in 2016 ranked fourth globally. In terms of outflows, Hong Kong ranked third, after the Chinese mainland and Japan.