| Abstract | The recovery on the Hong Kong economy, which began in the second quarter of 1999, gathered pace in the third quarter, reflecting a further pick-up in consumer spending and a significant upturn in exports. The latest economic indicators show continued improvements in both the domestic and external sectors. The progress in China's accession to the World Trade Organisation (WTO), the stronger and broader-based recovery in the global economy, and stability in regional financial markets should help reinforce Hong Kong's growth momentum in 2000. |
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