On the 16th, the Census and Statistics Department of the Hong Kong Special Administrative Region Government released preliminary statistics on the total income and related figures of local residents in Hong Kong for the first quarter of 2025. The total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the market price at that time increased by 6.2% in the first quarter of this year compared to the same period last year to HKD 879.4 billion (Hong Kong dollars, the same below). Statistics show that the estimated gross domestic product (GDP) for the first quarter of this year, calculated at current market prices, was 799.7 billion yuan, an increase of 4.3% compared to the same period last year. The total income of local residents in Hong Kong in the first quarter of this year exceeded the gross domestic product by 79.7 billion yuan, equivalent to 10% of that quarter's gross domestic product, mainly due to the net inflow of investment income. After deducting the impact of price changes during this period, the total income of local residents in Hong Kong in the first quarter of this year increased by 4% in real terms compared to the same period last year, while the gross domestic product increased by 3.1% in real terms in the same quarter. (New Society)