Skip to Content Facebook Feature Image

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

China

China

China

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

2026-05-16 21:29 Last Updated At:22:07

The Hong Kong Special Administrative Region government released the 2026 First Quarter Economic Report and revised GDP figures for the first quarter on Friday.

Taking into account the stronger-than-expected actual performance in the first quarter and the potential near-term headwinds in the external environment, the government maintained its full-year real GDP growth forecast of 2.5 to 3.5 percent as outlined in the budget.

The government noted that Hong Kong's economy expanded robustly in the first quarter of 2026, driven by sustained strength in external trade and strengthening domestic demand.

Real GDP grew 5.9 percent year on year in the first three months, unchanged from the advance estimate and accelerating from the 4.0 percent increase in the previous quarter.

On a seasonally adjusted basis, real GDP rose 2.9 percent quarter on quarter.

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

HK maintains 2026 GDP growth outlook at 2.5-3.5 pct

A group of passersby joined efforts to save a man who lost consciousness while waiting in his car at a red light in Jingjiang City, east China's Jiangsu Province, on Thursday.

Surveillance camera footage showed that the car of Mr. Hu, the rescued man, suddenly lurched forward and rear-ended the vehicle in front of him.

Upon feeling the collision, Wang Fang, the driver of the other car, got out to speak with Hu, but then realized he was unconscious.

"When I saw he was in a coma, I tried to open his door, but it was locked," Wang told reporters in a later interview.

As a nurse, Wang suspected the man might be suffering from a life-threatening heart attack, so she immediately called an ambulance and began shouting for help.

Passersby quickly joined the rescue. Yao Yonghong grabbed a concrete pole and wedged it against the rear wheel of Hu's car to keep it from moving further, while Li Xiaoming broke the window to turn off the engine.

And then, several rescuers took turns performing cardiopulmonary resuscitation (CPR) on Hu.

"After five minutes of CPR, we saw his hand move slightly," Yao said.

"Yes, his hand moved, so I asked him how he was feeling, but there was no response. So we kept going until the ambulance arrived," Li said.

According to local authorities, Hu is now in stable condition and receiving follow-up treatment in the hospital.

He later expressed his deep gratitude to the strangers who saved him.

"I'm very thankful to these kind-hearted people in Jingjiang, who were willing to help rescue me in such a critical situation," he said.

Warmhearted passersby rescue unconscious driver after sudden illness causes collision

Warmhearted passersby rescue unconscious driver after sudden illness causes collision

Recommended Articles