In 2015，the global economic growth has been worse than expected，and the output of goods and services has been weak. However，in the first three quarters，strong internal demand made the economy reach a moderate growth rate，and made the labor market maintain a state of full employment. In the short term，uncertain factors still exist in the global economy，including the U.S. Federal Reserve’s raising interest rates，deepening differences with the central bank’s monetary policy in the principle countries；these aspects pose a downside risk to global economic and financial stability. In addition，the slow recovery of developed economies，the slow growth of the markets in emerging countries，and the unstable conditions in many countries，will restrict the performance of foreign trade in Hong Kong in the short term. Therefore，in the year 2015，Hong Kong’s economic growth rate is expected to reach 2.4%，which is similar to the 2.5% of the previous year，2014. Inflation in Hong Kong was mitigated in the first three quarters of 2015，and the local housing market was quite dull in the same period. In 2016，Hong Kong’s economy is expected to be in a fair condition，in spite of the many challenges，due to the positive relationship between Hong Kong and the Chinese Mainland.