Hong Kong’s economy expanded by three.9{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} 12 months-on-year in real terms in the first three quarters of 2017, after growing by 2{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} 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{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} 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{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} yr-on-year in January-September 2017, after a marginal decrease of 0.5{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} in 2016. In keeping with the HKSAR authorities statistics, in 2016, fifty nine{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} of re-exports have been of China origin and 54{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} 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 …