Hong Kong General Chamber finds 61pc of respondents upbeat on 2013
Sixty-one per cent of respondents to an Hong Kong General Chamber of Commerce (HKGCC) survey on business confidence collectively estimated a two to four per cent GDP growth for the territory in the coming year.
The results are similar to the chamber's own forecast of two to three per cent for real GDP growth in 2013, up slightly from 2012's expected one per cent expansion. The main inflation indicator, the Composite Consumer Price Index, is expected to rise three to four per cent, slightly lower than an anticipated four per cent in 2012.
"In each of our annual surveys, members tell us that Hong Kong remains a great place to do business," said chamber CEO Shirley Yuen. "At the same time, they recognise that we face stiff competition and challenges to the sustainability of our economy, business and governance."
DATE:2012.12.3
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