Hong Kong’s Gross National Income and external primary income flows for the third quarter of 2025

Source: Hong Kong Government special administrative region – 4

     The Census and Statistics Department (C&SD) released today (December 15) the preliminary statistics on Hong Kong’s Gross National Income (GNI) and related figures for the third quarter of 2025.
 
     Hong Kong’s GNI, which denotes the total income earned by Hong Kong residents from engaging in various economic activities, increased by 1.5% in the third quarter of 2025 over a year earlier to $908.2 billion at current market prices. The Gross Domestic Product (GDP), estimated at $853.7 billion at current market prices in the same quarter, recorded a 4.8% increase over a year earlier. The value of GNI was larger than GDP by $54.5 billion in the third quarter of 2025, which was equivalent to 6.4% of GDP in that quarter, mainly attributable to a net inflow of investment income.
 
     After netting out the effect of price changes over the same period, Hong Kong’s GNI increased by 0.2% in real terms in the third quarter of 2025 over a year earlier. The corresponding GDP in the same quarter increased by 3.8% in real terms.
 
     Hong Kong’s total inflow of primary income, which mainly comprises investment income, estimated at $576.1 billion in the third quarter of 2025 and equivalent to 67.5% of GDP in that quarter, recorded a decrease of 7.4% from a year earlier. Meanwhile, total primary income outflow, estimated at $521.5 billion in the third quarter of 2025 and equivalent to 61.1% of GDP in that quarter, also decreased by 3.8% from a year earlier.
 
     As for the major components of investment income inflow, direct investment income (DII) decreased by 4.9% from a year earlier, mainly due to the decrease in earnings of some prominent local enterprises from their direct investment abroad. Portfolio investment income (PII) recorded a significant decrease of 10.6% from a year earlier, mainly attributable to the decrease in dividend income received by resident investors from their holdings of non-resident equity securities.
 
     Regarding the major components of investment income outflow, DII decreased by 4.1% from a year earlier, mainly due to the decrease in earnings of some prominent multinational enterprises from their direct investment in Hong Kong. PII increased by 7.6%, mainly attributable to the increase in interest payout to non-resident investors from their holdings of resident debt securities and the increase in dividend payout to non-resident investors from their holdings of resident equity securities.
 
     Analysed by country/territory, the Chinese Mainland continued to be the largest source of Hong Kong’s total primary income inflow in the third quarter of 2025, accounting for 40.7%. This was followed by the British Virgin Islands (BVI), with a share of 16.0%. Regarding total primary income outflow, the Chinese Mainland and the BVI remained the most important destinations in the third quarter of 2025, accounting for 36.0% and 18.4% respectively.
 
Further Information
 
     GDP and GNI are closely related indicators for measuring economic performance. GDP is a measure of the total value of production of all resident producing units of an economy. GNI denotes the total income earned by residents of an economy from engaging in various economic activities, irrespective of whether the economic activities are carried out within the economic territory of the economy or outside.
 
     Figures of GNI and primary income flows analysed by income component from the fourth quarter of 2023 to the third quarter of 2025 are presented in Table A, while selected major country/territory breakdowns of primary income inflow and outflow for the same quarters are presented in Tables B(1) and B(2) respectively.
 
     Statistics on GDP and GNI from 2023 onwards and primary income flows for 2025 are subject to revision when more data are incorporated. In the light of the latest information available, annual and quarterly figures of GNI and external primary income flows for 2024 have been revised, such that the corresponding figures presented in Tables A and B are revised figures.
 
     More detailed statistics are given in the report “Gross National Income and External Primary Income Flows, Third Quarter 2025”. Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1040005&scode=250).
 
     For enquiries about GNI and related statistics, please contact the Balance of Payments Branch (2) of the C&SD (Tel: 3903 7054 or email: gni@censtatd.gov.hk).

Police National Security Department charges two men and arrests one woman

Source: Hong Kong Government special administrative region

     The National Security Department (NSD) of the Hong Kong Police Force arrested a 26-year-old woman on December 12 night for being suspected of committing the offence of “unlawful drilling” under Section 13 of the Safeguarding National Security Ordinance, in connection with the enforcement operation conducted on December 11.

     Regarding the nine persons arrested earlier, NSD has laid charge against two of the men, aged 24 and 25, jointly with one count of “conspiracy to commit subversion”. The case will be mentioned at the West Kowloon Magistrates’ Courts tomorrow (December 15) morning.

     The arrested woman and other arrestees were released on bail and are required to report back to the Police in mid-January 2026.

     Investigation revealed that a syndicate has been conducting unlawful drilling inside a unit of an industrial building in Kowloon. The training content includes firearms drills, knife techniques and combat techniques. Police conducted searches at the unit suspected of being used for unlawful drilling and seized offensive weapons associated with the unlawful drilling.

     Police remind members of the public that “conspiracy to commit subversion” is a serious offence. Offenders shall be liable to imprisonment for more than 10 years on first conviction. Members of the public are urged not to defy the law.

Reminder of latest Christmas mail posting date for local delivery

Source: Hong Kong Government special administrative region – 4

​Hongkong Post today (December 15) reminded members of the public that the latest Christmas mail posting date for local delivery before Christmas Day is December 22 (Monday). Mail posted after this date might run the risk of not being delivered in time because of the anticipated seasonal work pressure. Members of the public are advised to post mail as early as possible to avoid a last-minute rush.

Hong Kong Space Museum to screen new dome show “Desert Elephants: The Adventures of Little Foot” (with photos)

Source: Hong Kong Government special administrative region

Hong Kong Space Museum to screen new dome show “Desert Elephants: The Adventures of Little Foot”       
     The Namib Desert in Africa is the oldest desert on Earth, with extremely arid landscapes. A remarkable herd of desert elephants demonstrates extraordinary survival skills. Led by the experienced matriarch, these elephants forge powerful mother-daughter bonds that last a lifetime, with mothers nursing their young for up to seven years. “Little Foot” must master her trunk, a combination of nose and upper lip with over 150 000 muscle bundles, while learning unique desert adaptations like taking sand baths that serve as natural sunscreen and parasite protection. As hidden dangers lurk across the desert wilderness, the baby elephant must stay close to the herd to avoid being left alone and becoming prey to predators such as lions. She also needs to develop life-saving skills from her mother – sensing subtle ground vibrations to detect approaching sandstorms and finding hidden water sources beneath the desert – wisdom that determines survival in this unforgiving land.
      
     The screening times of this 40-minute show are 5pm on weekdays, and 11am, 3.30pm and 8pm on weekends and public holidays. Tickets priced at $30 (front stalls) and $40 (stalls) are now available at the Hong Kong Space Museum Box Office and URBTIX (www.urbtix.hk      
     The Hong Kong Space Museum, located at 10 Salisbury Road, Tsim Sha Tsui, Kowloon, is closed on Tuesdays (except public holidays).
Issued at HKT 16:05

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Provisional statistics on index of industrial production and producer price index for manufacturing and waste management sectors for third quarter of 2025

Source: Hong Kong Government special administrative region – 4

     According to the provisional results of a survey released today (December 15) by the Census and Statistics Department (C&SD), the index of industrial production for manufacturing industries as a whole increased by 5.4% in the third quarter of 2025 compared with a year earlier, following a year-on-year increase of 0.9% in the second quarter of 2025. The corresponding producer price index increased by 7.7% in the third quarter of 2025 compared with a year earlier, following a year-on-year increase of 4.0% in the second quarter of 2025.
 
     The index of industrial production for sewerage, waste management and remediation activities decreased by 1.4% in the third quarter of 2025 compared with a year earlier, as against a year-on-year increase of 1.7% in the second quarter of 2025. The corresponding producer price index slightly increased by 0.3% in the third quarter of 2025 compared with a year earlier, following a year-on-year increase of 1.6% in the second quarter of 2025.
 
     Indices of industrial production reflect changes in the volume of local industrial output after discounting the effect of price changes. The price changes are measured by the producer price indices compiled from data on producer prices of selected industrial goods/services collected in the same survey.
 
     Comparing the industrial production in respect of major manufacturing industries in the third quarter of 2025 with that a year earlier, increases in output volume were recorded mainly in the metal, computer, electronic and optical products, machinery and equipment industry (+6.1%), the food, beverages and tobacco industry (+2.5%), and the paper products, printing and reproduction of recorded media industry (+1.0%). On the other hand, a decrease in output volume was recorded in the textiles and wearing apparel industry (-5.2%).
 
     On a seasonally adjusted basis, the index of industrial production for manufacturing industries as a whole increased by 4.6% in the third quarter of 2025 compared with the second quarter of 2025.
 
     Producer price indices reflect changes in the prices of local output. They measure changes in the actual prices (net of any discounts or rebates allowed to buyers, plus any surcharges) received by producers for their output. Transportation and other incidental charges are not included.
 
     Comparing the third quarter of 2025 with a year earlier, increases in producer prices were recorded for all major manufacturing industries. The metal, computer, electronic and optical products, machinery and equipment industry had the largest increase in producer price (+14.6%), followed by the textiles and wearing apparel industry (+2.7%), the paper products, printing and reproduction of recorded media industry (+1.5%), and the food, beverages and tobacco industry (+1.0%).
 
     Table 1 shows the year-on-year percentage changes in the indices of industrial production for manufacturing and waste management sectors by selected industry grouping. Table 2 shows the year-on-year percentage changes in the producer price indices for manufacturing and waste management sectors by selected industry grouping.
 
     The revised figures on indices of industrial production and producer price indices for manufacturing and waste management sectors for the third quarter of 2025 will be released at the website of the C&SD (www.censtatd.gov.hk/en/page_8000.html) and relevant publications of the Department starting from January 19, 2026.
 
     Users can browse and download the reports “Quarterly Index of Industrial Production for Manufacturing and Waste Management Sectors, 3rd Quarter 2025” (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1070002&scode=310) and “Quarterly Producer Price Index for Manufacturing and Waste Management Sectors, 3rd Quarter 2025” (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1070003&scode=280) at the website of the C&SD.
 
     For enquiries about indices of industrial production and producer price indices for manufacturing and waste management sectors, please contact the Industrial Production Statistics Section of the C&SD (Tel: 3903 7247; email: ind-production@censtatd.gov.hk).

Fire Services funeral to be held with full honours for Senior Fireman (Posthumous) Ho Wai-ho

Source: Hong Kong Government special administrative region

Fire Services funeral to be held with full honours for Senior Fireman (Posthumous) Ho Wai-ho 
     The FSD will set up a condolence area (location marked in attachment) near the Universal Funeral Parlour for members of the public to pay their last respects in memory of Senior Fireman Ho from 9am to 9.30am. Members of the public are advised to proceed to the area by the route indicated by on-site staff.
 
     The Fire Services funeral for government officials, community dignitaries, and FSD colleagues will be held at 10am. The Director of Fire Services, Mr Andy Yeung, will attend. The funeral will not be open to public. The hearse will leave the funeral parlour at 10.30am after the official ceremony. A service contingent composed of government officials and FSD colleagues will parade outside the funeral parlour to pay their last respects to Senior Fireman Ho. Members of the public can make reference to the route taken by the hearse and pay their last tribute.
 
     The hearse will pass through Tai Po Tai Wo Road, Po Heung Street, Kwong Fuk Road, Tai Po Road – Yuen Chau Tsai, and arrive at Wang Fuk Court in Tai Po (Tai Po Road – Yuen Chau Tsai/Kwong Wang Street roundabout) at about 11am. An on-site ceremony will be held for FSD colleagues and local dignitaries.
 
     The hearse will then proceed to Sha Tin Fire Station, Sha Tin, via Tai Po Road – Sha Tin, Sha Tin Rural Committee Road and Yuen Wo Road. The hearse will arrive at around 11.30am. Mr Yeung will lead FSD colleagues in the forecourt of the fire station to pay last tributes to Senior Fireman Ho. Local dignitaries will also attend.
 
     The cortège will then leave for Gallant Garden at Wo Hop Shek Cemetery for the burial service.
 
     The following is a brief biography of Senior Fireman (Posthumous), Mr Ho Wai-ho:
 
     The late Senior Fireman, Mr Ho Wai-ho, was born in 1987. He joined the FSD as a fireman in 2016, with his meritorious service being recognised.
 
     Throughout his nine years of service with the FSD, Senior Fireman Ho fully demonstrated himself as an industrious, polite and dedicated member who was eager to provide guidance to newcomers. He was well-respected by his colleagues. His solid professional competence, high efficiency and sound judgement were amply displayed in a number of firefighting and rescue operations.
 
     While responding to a firefighting and rescue operation at Wang Fuk Court in Tai Po on November 26, 2025, Mr Ho sustained serious injuries and sadly lost his life in the line of duty. The fire was later upgraded to a No. 5 alarm fire. His tragic death is a great loss not only to the FSD, but also to the community at large. Being courageous, selfless and dedicated, he will no doubt stay in the minds of Hong Kong people forever. In recognition of his fearless dedication in confronting the fire, the FSD has conferred the honorary title of Senior Fireman (Posthumous) on the late Mr Ho.
 
     Aged 37, Senior Fireman Ho is survived by his parents, an elder brother, a younger brother, and his fiancée.
Issued at HKT 16:38

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CE commends Hong Kong, China athletes for outstanding performance in 12th NGD and 9th NSOG

Source: Hong Kong Government special administrative region – 4

  The 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG) conclude today (December 15). The Chief Executive, Mr John Lee, commended Hong Kong, China athletes for their outstanding performance in the Games, showcasing remarkable determination and excellent sportsmanship, and extended his congratulations on their achievements.
 
     Mr Lee said, “The Hong Kong, China Delegation participating in the 12th NGD and 9th NSOG was the largest ever. The athletes fully demonstrated personal perseverance and team spirit, achieving historic and encouraging results with a total of 140 medals, including 51 gold, 49 silver, and 40 bronze medals in taekwondo, athletics, table tennis, swimming, boccia, wheelchair fencing, badminton, NSOG athletics, NSOG bocce, NSOG swimming, NSOG basketball, NSOG football, NSOG table tennis and NSOG badminton, and a mass participation event of para dance sport. They strove hard, overcame obstacles, and surpassed their personal bests, showcasing Hong Kong’s indefatigable and indomitable spirit.
 
     “The 12th NGD and 9th NSOG are the country’s highest-level multisport event for persons with disabilities. Noting that this year’s Games were jointly hosted by Guangdong, Hong Kong and Macao for the first time with Hong Kong hosting four competition events and one mass participation event, I express my gratitude to the Central Government for its trust, and to the China Disabled Persons’ Federation and the General Administration of Sport of China (GASC) for their support. Building on the valuable experience of the 15th National Games, Guangdong, Hong Kong and Macao continue to leverage their synergies through resource sharing and complementary strengths to work in concert to deliver the 12th NGD and 9th NSOG under the principle of equality, integration and sharing.
 
     “I would like to thank all sectors of society for their support for the 12th NGD and the 9th NSOG, especially the Hong Kong Sports Institute (HKSI), the Sports Federation & Olympic Committee of Hong Kong, China, and the China Hong Kong Paralympic Committee, as well as the coaching teams, medical personnel, and support teams from relevant National Sports Associations and sports organisations. Their efforts and contributions have assisted Hong Kong athletes in showcasing their talents and enabled the smooth running of events in the Hong Kong competition region, promoting harmony between disabled and non-disabled individuals and enhancing society’s support for disability sports.”
 
     Mr Lee said that the Hong Kong Special Administrative Region (SAR) Government is fully committed to promoting the development of disability sports, noting that the Government’s actual expenditure on sports development for persons with disabilities exceeded $140 million in the year of 2024-25, with over 80 per cent of the expenditure supporting athletes with disabilities. The Government has designated over $1 billion for the HKSI in the year of 2025-26 to support its training for elite athletes, including those for elite disability sports. The Government will encourage more persons with disabilities to pursue careers as athletes and showcase their talents through continuously increasing resources and enhancing the athlete training ladder, with a view to raising the public’s awareness of and support for disability sports.
 
     Mr Lee remarked that the successful conclusion of the 15th National Games, the 12th NGD and the 9th NSOG demonstrated the capabilities of Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in organising large-scale sports events. The Hong Kong SAR Government, the GASC, the People’s Government of Guangdong Province, and the Macao SAR Government have signed an agreement on strengthening of sports co-operation and promotion of integrated development to carry forward the spirit of unity under the strategic framework, with a view to deepening co-operation within the GBA and actively implementing integrated sports development in the area.

Suspected red tide sighted at Golden Beach

Source: Hong Kong Government special administrative region – 4

Attention TV and radio announcers:

Please broadcast the following as soon as possible:

Here is an item of interest to swimmers.

The Leisure and Cultural Services Department announced today (December 15) that due to the sighting of a suspected red tide, the red flag has been hoisted at Golden Beach in Tuen Mun District. Beachgoers are advised not to swim at the beach until further notice.

HA to take up hospital dental service

Source: Hong Kong Information Services

The hospital dental service (HDS) currently provided by the Department of Health (DH) will be integrated with the oral and maxillofacial surgery (OMS) Service under the Hospital Authority (HA) from February 6, 2026, the DH and the HA announced today.

The HDS will be taken up by the HA.

The seven oral maxillofacial surgery and dental clinics under the DH’s HDS are all located within seven HA public hospitals, primarily providing specialist oral maxillofacial surgery and dental treatment for hospital in-patients, patients with special oral healthcare needs, and dental emergencies.

The seven HA public hospitals are Queen Mary Hospital, Pamela Youde Nethersole Eastern Hospital, Queen Elizabeth Hospital, Princess Margaret Hospital, Tuen Mun Hospital, Prince of Wales Hospital and North District Hospital.

These clinics will continue to operate at the original sites and integrate with the existing OMS service in six public hospitals provided by the HA.

The DH and the HA said the arrangement will help further streamline and optimise the overall service delivery.

To ensure continuity in patient care upon the transfer of service, all scheduled/follow-up appointment records for patients at the aforementioned seven clinics for dates on or after February 6, 2026, along with the cases and relevant medical records stored at these clinics, will be transferred to the HA.

Patients or family members who do not agree to have their cases and relevant medical records transferred to the HA should contact the DH by phone at 3153 4044 or by email on or before January 16, 2026.

Patients who opt out of the arrangements should note that their follow-up appointments scheduled on or after February 6 next year will be cancelled. Should they require future consultations at the HA’s dental and OMS services, a new referral letter will be required for appointments, and new case consultation fees will be charged according to the HA’s arrangements.

Medical records that patients or family members refuse to transfer to the HA will be disposed of and destroyed by the DH in accordance with its record management policy after the service transfer.

Taiwan FDI Statistics Summary Analysis (Nov 2025)

Source: Republic of China Taiwan

According to the statistics, 2,000 foreign direct investment (FDI) projects with a total amount of US$10,683,481,000 were approved from January to November 2025. This indicates a decrease of 3.10% in the number of cases, but an increase of 47.29% in FDI amount compared to the same period of 2024.

With regard to inward investment from Mainland China, 17 cases were approved with an amount of US$102,495,000 from January to November 2025. This indicates a decrease of 50% in the number of cases and a decrease of 65.47% in the FDI amount compared to the same period of 2024.

In terms of Taiwan’s outbound investment (excluding Mainland China), 748 projects were registered from January to November 2025 with a total amount of US$36,297,174,000, indicating an increase of 4.18%in the number of cases, but an decrease of 17.98% in the amount, as compared to the same period of 2024.

As for Taiwan’s outward investment to Mainland China, 228 applications have been approved from January to November 2025, indicating a decrease of 24.50% compared to the same period of 2024. The approved investment amount is US$1,394,997,000, 61.32% less than the same period in 2024.