​HK's economy in figures: 25th anniversary of HK's return to motherland

0 Comment(s)Print E-mail China.org.cn, July 7, 2022

July 1 marks the 25th anniversary of Hong Kong's return to the motherland. Over the past 25 years, Hong Kong's GDP has jumped from HK$1.32 trillion in 1997 to HK$2.87 trillion in 2021, its per capita GDP from HK$192,000 to HK$387,000, and trade volume from HK$3.07 trillion to HK$10.27 trillion. These sets of figures show that "one country, two systems" is proven successful in Hong Kong. The figures are also evidence that Hong Kong, in its continuous integration into the country's overall development, has sustained stable economic growth and consolidated its status as an international financial, shipping and trade center. 

In the World Competitiveness Yearbook (WCY) 2022 published recently by the International Institute for Management Development in Lausanne, Switzerland, Hong Kong's global ranking rose from the seventh to the fifth over the past year. The spokesperson of the Hong Kong Special Administrative Region (HKSAR) government commented that the WCY 2022 has acknowledged Hong Kong as one of the world's most competitive economies and that Hong Kong's competitiveness is based on the institutional advantage of "one country, two systems."

"With a prosperous Hong Kong, the motherland will become stronger; with a stronger motherland, Hong Kong will become even better," John Lee Ka-chiu, HKSAR's chief executive, concluded. He said that although the past 25 years saw some ups and downs, Hong Kong became more resilient and vigorous after experiencing each challenge, and that the motherland has provided the strongest support for Hong Kong in solving these problems. 

Bauhinia flowers blossom and the city flourishes. Hong Kong, known as the "Pearl of the Orient," through the great practice of "one country, two systems," is showcasing to the world its law-based society with good governance, dashing vitality, happiness and hope. We believe that more than seven million Hong Kong citizens, guided by the principle of Patriots Administering Hong Kong, will strive continuously to achieve a new high for the city's development.

1   2   3   4   5   6   7   8   9   10   >  

Print E-mail Bookmark and Share
Send your storiesGet more from China.org.cnMobileRSSNewsletter