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Hong Kong’s economy expanded by three.9% 12 months-on-year in real terms in the first three quarters of 2017, after growing by 2% in 2016. 24 Nov, 2017 03:37 PM ISTIf you may have any mutual fund queries, message on ET Mutual Funds on Facebook. Since the debut of the scheme, banks in Hong Kong had dealt with RMB trade settlement totalling RMB21 trillion as of October 2015, which represented some 70% of the world’s whole. Extra importantly, it will become a part of the sixteen,000 km national excessive-velocity rail community now being developed in full steam, fostering closer financial ties between Hong Kong and the mainland.

Hong Kong’s merchandise exports elevated eight.5% yr-on-year in January-September 2017, after a marginal decrease of 0.5% in 2016. In keeping with the HKSAR authorities statistics, in 2016, fifty nine% of re-exports have been of China origin and 54% were destined for the Chinese language mainland. #socialRegistrationForm socialRegistration_firstName socialRegistration_lastName socialRegistration_emailAddress socialRegistration_displayName By clicking “Create Account”, I verify that I have read and understood each of the web site terms of service and privateness coverage and that I agree to be bound by them.

The Authorities has set a purpose to double the R&D expenditure as a proportion of GDP from 0.73% to 1.5%. To bolster Hong Kong’s status as a global financial centre, the Authorities seeks to promote diversified improvement of the financial market. The Philippines is main in installing renewable power developments in the Southeast Asian region and can nonetheless expand the presence of renewable energy footprint by concentrating on off-grid areas, in response to the newest report of Capgemini, a French multinational professional companies and enterprise consulting agency.

Mohan Bhagwat’s remarks problem to Supreme Court docket, he has Gujarat polls in thoughts: Muslim outfits 25 Nov, 2017 12:45 AM ISTThey also alleged that the Rashtriya Swayam Sevak Sangh (RSS) chief was making an attempt to assist the BJP in the upcoming Gujarat elections by diverting the attention of voters from “actual” points with such statements.

In 2016, a total of 56.7 million visitors, equivalent to 7.7 instances of the size of Hong Kong’s native inhabitants, were recorded, with those from the Chinese language mainland accounting for seventy six% of the full. In January-September 2017, visitor arrivals to Hong Kong elevated by 2.2% 12 months-on-year, after dropping by four.5% in 2016; these from the Chinese mainland elevated 2.5% 12 months-on-12 months, after falling by 6.7% in 2016.