In 2009，the whole economic position showed that Hong Kong largely regressed 7.8% in the first quarter. This was the biggest drop range since Hong Kong’s economy fully suffered the serious impact of Asian financial crisis in the third quarter of 1998. But benefiting from the speeding-up of interior economic growth as well as the reduction of the downward pressure of various advanced economic systems，Hong Kong economy had bounce in the second quarter，and the drop range was 3.8%. After the seasonal adjustment and in comparison with previous quarter，the continual contraction for four quarters of month-on-month growth has been turned back. Along with the world economy touches ground gradually，as well as the interior economy returns quick growth，it is expected that the exterior links of Hong Kong economy will continue to improve in the second half of 2009. Considering the inspiring effect of new round of mitigation measure issued by the government in May，it is estimated that all-year real local total output value will have constrict of 3.5%-4.5%.