In the April-to-June period, Hong Kong recorded solid 3.1% year-on-year GDP growth. This 10th consecutive quarter of economic expansion was supported by strong exports performance and improved domestic demand: total exports of goods recorded an increase of 11.5% over a year earlier, while private consumption expenditure increased by 1.9%.
This solid broad-based performance could be vividly seen in the high number of visitors to the city, including tourists and business visitors drawn by an array of events across town ranging from trade fairs to cultural festivals to mega sports events.
One such event was the first Hong Kong Football Festival at the new Kai Tak Sports Park (KTSP) which saw close to 100,000 football fans packing the Kai Tak Stadium over two match days featuring games between Liverpool and AC Milan followed by Arsenal against Tottenham Hotspur. The crowd included the one-millionth spectator at the Kai Tak Stadium since it opened just five months ago.
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