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一、1989年香港经济进一步调整,各项经济增长全面放缓香港经济经过三年的蓬勃发展,1989年增长步伐明显放缓。港府对去年生产总值实质增长的预测,一再调低,到去年十一月份公布第三季度经济报告时,进一步下调至3%。在全球经济放缓之际,去年香港经济仍保持3%的增长,这是比较可观的。而且正如香港工商业委员会主任霍英东先生所说:“香港经济周期性放缓,有利于调整经济过热”。去年香港经济进一步调整放缓,主要表现以下几个方面: (一)对外贸易增长放缓,扩展势头逐步放慢。由于港元汇价偏高,港产品削弱了国际竞争能力,海外市场对港产品需求减缩,香港对外贸易增长放缓。
I. Further Adjustments to the Economy of Hong Kong in 1989 and Overall Slowdown of Economic Growth After three years of vigorous economic development, the pace of growth in 1989 markedly slowed down. The government’s forecast of real growth in gross domestic product last year has been lowered again and again to a further 3% when the third quarterly economic report was released in November last year. At a time of slowing global economy, Hong Kong’s economy maintained a 3% growth last year. This is quite impressive. And as Mr Fok Ying-Tung, the director of the Hong Kong Business Council, said: “The cyclical slowdown of Hong Kong’s economy will help adjust the economy for overheating.” The further slowdown in Hong Kong’s economic readjustment last year showed the following major aspects: (1) The growth of foreign trade slowed and the momentum of expansion gradually slowed down. Due to the high exchange rate of Hong Kong dollar, the weakening of the international competitiveness of Hong Kong products, the shrinking demand for Hong Kong products by overseas markets and the slowdown of Hong Kong’s foreign trade growth.