The Hong Kong Special Administrative Region government recently released the "Third Quarter Economic Report 2025" and revised figures for the third quarter of 2025, stating that the real gross domestic product grew by 3.8% year-on-year in the third quarter. Acting Economic Advisor to the Hong Kong Special Administrative Region Government, Lin Guoying, stated that driven by the continued significant increase in exports and the continued expansion of local demand, the Hong Kong economy will perform well in the third quarter of 2025. The real gross domestic product grew by 3.8% year-on-year in the third quarter, significantly accelerating from the previous quarter's 3.1% growth. After seasonal adjustment and quarterly comparison, the real gross domestic product further increased by 0.7%. Lin Guoying said that strong demand for electronic related products and smooth intra Asian trade have driven the overall export of goods to continue to grow significantly by 12.1% in real terms year-on-year in the third quarter. The service output also expanded significantly by 6.3% in real terms year-on-year. The growth rate of private consumption expenditure slightly accelerated in the third quarter, with a year-on-year real increase of 2.1%, reflecting the continued recovery of the Hong Kong consumer market. Lin Guoying introduced that with the booming development of the technology industry, the market's expectation of further interest rate cuts in the United States after the September interest rate cuts, and the slight easing of global trade frictions, the market atmosphere is positive, and the local stock market shows a strong upward trend in the third quarter. Looking ahead, Lin Guoying believes that the Hong Kong economy should continue to grow steadily in the remaining time of 2025. The global economy is expected to maintain moderate growth in the short term, which should support Hong Kong's exports of goods. The continued growth of inbound tourism and thriving financial market activities will provide further impetus for service exports. On the local front, the SAR government will also provide support for various measures to develop the economy and explore diversified markets. (New Society)