In 2013, Hong Kong's economy is still subject to unstable trading environment, but thanks to relatively robust domestic demand, it maintains a moderate pace of growth. However, various uncertainties continue to plague the global economic outlook, including the U.S.debate about the debt ceiling and financial issues which remain to be resolved, the unclear U.S.Federal Reserve's monetary policy direction, the euro-zone sovereign debt risk, as well as some emerging markets,slowdown. Fortunately, Hong Kong's economy continues to benefit from favorable economy, stable and rapid economic growth in the mainland, and partially offsets the external impact of economic instability. Hong Kong's economy is expected grow moderately at 2.5%-3.5 % this year. Inflation rises slightly in the third quarter, but the short-term risks of increase in inflation should be low.Hong Kong's government will closely monitor price developments, in particular the impact of inflation on low-income earners. Given the proliferation of global liquidity and low interest rates, the real estate bubble risks cannot be ignored. The Government introduced a series of measures for the stable development of the property market, ensuring macroeconomic and financial system stability. Over the past year, the relationship between the mainland and Hong Kong's economy continued to be deepened by a number of policies. In 2014, a variety of external factors mentioned above will affect Hong Kong's trade performance. However, internal economic stability, sustained economic development in the mainland will provide opportunities and continue to support the economy of Hong Kong. <<