The estimated data released by the Census and Statistics Department of the Hong Kong Special Administrative Region Government on the 5th shows that the gross domestic product of Hong Kong in the first quarter of this year increased by 5.9% in real terms year-on-year, and the quarterly growth rate reached a new high in nearly five years. Behind the impressive performance is the "three pillars" that drive economic growth - investment, exports, and consumption - moving forward together, demonstrating the strong resilience and vitality of the Hong Kong economy. The protection of policies and the continuous optimization of the business environment have made Hong Kong a "safe harbor" for global investment. In terms of overall investment, according to data released by the Hong Kong Stock Exchange, there were a total of 40 new stock listings in the first quarter of 2026, with a total fundraising amount of HKD 110.4 billion (the same below), an increase of nearly six times year-on-year, ranking first in the global new stock market. Private wealth management is also becoming a new investment growth point. By the end of 2025, the number of single family offices in Hong Kong will increase to 3384, creating over 10000 full-time professional positions and generating approximately HKD 12.6 billion in annual revenue for the Hong Kong economy from operating expenses. In terms of investment promotion, as of the end of April this year, Hong Kong has introduced more than 120 key enterprises to settle in Hong Kong, which is expected to bring about 73 billion yuan in investment in the next few years. Associate Professor Zhuang Tailiang from the Department of Economics at the Chinese University of Hong Kong stated that external capital investment in Hong Kong increased in the first quarter of this year, including Middle Eastern capital seeking a "safe harbor", as well as increased investment in family offices and physical entities, driving up the total amount of local fixed capital formation. In terms of trade, according to data from the Census and Statistics Department of the Special Administrative Region Government, calculated according to the definition of national economic accounting, the total value of Hong Kong's goods exports in the first three months of this year increased by 23.8% year-on-year in real terms. On May 3rd, the Financial Secretary of the Hong Kong Special Administrative Region, Paul Chan, stated that from the demand side, the global outlook for the artificial intelligence and electronic information industry chains continues to rise, driving a significant increase in Hong Kong's exports of innovative products such as communication equipment and high-end electronic components. He pointed out that although geopolitical turmoil brings certain challenges, Hong Kong, as an international trade hub, is achieving simultaneous improvement in both "quality" and "quantity", and new growth opportunities and development prospects are constantly emerging. In terms of consumption, benefiting from factors such as the simultaneous rise in both volume and price of the Hong Kong real estate market, hot transactions, and sustained improvement in the stock market, the overall consumption environment in Hong Kong continues to recover, and consumer willingness has rebounded. Data shows that, according to the analysis of the main components of the local gross domestic product, private consumption expenditure in Hong Kong increased by 5.0% in real terms in the first quarter of this year compared to the same period last year. At the same time, the tourism industry continues to recover, further amplifying the efficiency of domestic demand driving. The number of visitors to Hong Kong in the first quarter exceeded 14.3 million, a year-on-year increase of 17%. A large number of inbound tourists directly drive income growth in industries such as hotels, retail, and transportation. Hong Kong economist and director of the Silk Road Smart Valley Research Institute, Leung Hoi Ming, stated that the improvement in consumer data, driven by a series of policies to promote consumption by the SAR government, fully demonstrates a clear trend of recovery in the consumer market. In addition, the prosperity of the tourism industry effectively promotes employment and overall economic recovery. Looking ahead to the future, relying on the advantages of "One Country, Two Systems", Hong Kong is actively aligning with the national "15th Five Year Plan", leveraging the well-established industrial chain and vast market in mainland China to continuously unleash the growth momentum of the "three pillars". As Paul Chan said, the Hong Kong economy should not only focus on "stability", but also actively "progress", using its own stable development and resilience to resist global uncertainty and shocks, and accelerate the development of the economy towards higher quality. (Looking into the New Era)