• Thu
  • Dec 25, 2014
  • Updated: 2:39pm

Economic Growth

Positive forecast for economy

A bullish picture of China's economy this year has been painted by a senior statistics official despite the war against Iraq.

Sunday, 23 March, 2003, 12:00am

Is China over-investing?

Despite doubts about official statistics, it is clear that China has enjoyed strong economic growth over the past several years. But how sustainable is that growth? A key part of the answer is deciding how long the country can keep up the current frantic pace of investment.

17 Mar 2003 - 12:00am

Productivity? It's nothing to snigger at

Irony, wit, innuendo. Like good dress sense, these qualities are traditionally absent from the information technology universe.

11 Sep 2002 - 12:00am

Trailing economy matter of perception

As an immediate reaction to the economic growth numbers announced yesterday it would seem Hong Kong is continuing to trail well behind the rest of the region in recovering from the latest slump.

31 Aug 2002 - 12:00am


WITH THE QUARTERLY figures just out for gross domestic product, it is time again for a game of what-would-our-GDP-look-like if . . .

It is cheating, I know, to push growth rates up and down by taking some things out of the figures and seeing what is left. But it shows up some interesting trends, so here we go.

4 Jun 2002 - 12:00am


THIS COLUMN has consistently argued that unemployment in Hong Kong is not as bad as it may seem, that the number of people employed is holding up quite well against a slowing economy and that most of the rising unemployment rate is attributable to a swiftly growing labour force rather than job losses. I still say it is true.

22 Apr 2002 - 12:00am

Statistician rejects foreign criticism of growth figures

The deputy director of China's State Statistical Bureau (SSB) has defended the accuracy of its data and attacked foreign critics as illogical and ill-informed.

Qiu Xiaohua, an economist who has become familiar over the past several years as the bureau spokesman, was announcing first-quarter economic figures.

18 Apr 2002 - 12:00am

Economic outlook splits key research entities

Two think-tanks under the same mainland ministry have made different forecasts for China's economic growth this year.

The State Information Centre's economic forecasting department is predicting gross domestic product will grow 7.1 per cent this year.

The centre is a think-tank under the State Development Planning Commission.

5 Jan 2002 - 12:00am

Mainland growth set for bullish 7.8pc pace

A mainland government think-tank has made a bullish forecast for China's economic growth next year of 7.8 per cent, despite a gloomy world economy.

The projection by the Chinese Academy of Social Sciences (Cass) is the most bullish among recent forecasts for the mainland's gross domestic product outlook.

24 Nov 2001 - 12:00am

Sell-off of water supply shelved

Proposals to privatise water supply services had been shelved and would be reviewed in 2004, the Government announced yesterday.

8 Nov 2001 - 12:00am



6 Nov 2001 - 12:00am

From a new era to sharing goals

1997: Building Hong Kong for a new era

Housing: Long-term strategy fixed, including 85,000 flats a year; home ownership rate of 70 per cent in 10 years. Home Starter Loan Scheme to benefit 6,000 families, each given a loan of about $600,000 in five years.

Welfare: Payments for elderly increased by $380 a month.

11 Oct 2001 - 12:00am


GOLDMAN SACHS (Messrs Experts On Everything) says that a successful bid by Beijing to host the 2008 Olympic Games will boost China's economic growth and bring long-lasting efficiency gains.

12 Jul 2001 - 12:00am


The XIIth World Productivity Congress is the first major international event on productivity to be held jointly by Hong Kong and Beijing. I congratulate the organisers for their successful efforts.

14 Jun 2001 - 12:00am

Slowing the slide to recession

An interesting feature of the latest quarterly economic results is that perhaps only two things saved us from going back into recession - rising private imports of machinery and falling prices in the property market.

This is a little tenuous and Government economists do not like these sorts of analyses but bear with me and follow it through.

28 May 2001 - 12:00am