The Hong Kong Trade Development Council (HKTDC) has raised this year's export growth forecast to 9 to 11 percent.
The HKTDC on Thursday released its mid-year assessment of Hong Kong's exports for 2024, revising the expected growth from the 4 to 6 percent predicted last December to a higher 9 to 11 percent.
According to the HKTDC, a significant increase in orders for electronic products has driven this upward adjustment. In the first five months of 2024, Hong Kong's exports grew by 12.5 percent year-on-year, with the electronics industry accounting for approximately 70 percent of the total export value. This surge in orders has been the main engine behind the robust export performance in the first half of the year.
Hong Kong raises 2024 export growth forecast
The 8th China-Eurasia Expo concluded on Sunday in northwest China's Urumqi, Xinjiang Uygur Autonomous Region.
At the expo, more than 360 cooperation projects were signed, worth more than 610 billion yuan (about 83.94 billion U.S. dollars).
Themed "New Opportunities of Silk Road, New Vitality for Eurasian Cooperation," the exhibition has attracted over 1,900 participants from 50 countries, regions, and international organizations and showcased over 6,000 varieties of products mainly from China, West Asia and Europe.
Since 2011, the biennial China-Eurasia Expo has successfully held seven sessions, attracting a total of 12,000 domestic and foreign exhibitors from more than 70 countries and regions and 2.16 million visitors.
8th China-Eurasia Expo concludes, signing over 360 cooperation projects
