Tourists take photos with the skyline in the background on a Kowloon promenade that runs along Victoria Harbour in Hong Kong on September 26, 2017. [Photo/VCG]
In May, the International Monetary Fund raised its estimates for Hong Kong's economic growth to 3.6 percent this year. Official data shows the growth figure reached 3.8 percent last year, above the average for the decade, and reached 4.7 percent in this year's first quarter. The unemployment rate dropped to 2.8 percent in the February-April period, setting a record low for more than 20 years.