Key facts
- Hong Kong's economy grew 3.6% in 2025.
- Growth is projected at 3.4% in 2026.
- The government is taking a more proactive role in facilitating economic transition.
Hong Kong authorities should employ a "visible hand" to dismantle barriers and foster growth through reforms outlined in its first five-year plan, according to Deng Zhonghua, a former Beijing official overseeing the city's affairs. The city's economy expanded by 3.6% in 2025, driven by trade, tourism, and financial markets, with projections for 3.4% growth in 2026 amid global uncertainty. The government is increasingly adopting a proactive role in economic transition, moving towards a model where "government leads, markets collaborate."