Hong Kong economy back to growth with Q1 rebounding 2.7 pct

Tourists visit the Avenue of Stars in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

HONG KONG, May 2 (Xinhua) -- Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. 

Tourists take selfies at Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

Tourists take selfies at Victoria Peak in Hong Kong, south China, Feb. 23, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

Tourists visit the Golden Bauhinia Square in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

A container barge sails in the Victoria Harbor in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)

Tourists visit Tsim Sha Tsui in Hong Kong, south China, April 30, 2023. Hong Kong's economy grew by 2.7 percent year on year in the first quarter of 2023, reversing a four-quarter-long contraction last year, according to official data announced Tuesday. (Xinhua/Chen Duo)