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回归20年,香港特区政府财政先是经历了一个长达6年的调整期,后自2004~2005财政年度开始至今为一个无间断的扩张期,目前的特区政府财政状况和实力可以用稳健和雄厚来形容,在全球也难以复制。特区政府财政的调整期如果从剔除价格变化的实质经济增长率来看,回归20年来香港经济仅有两年是实质GDP收缩的,分别是1998年的-5.9%(亚洲金融风暴)和2009年的-2.5%(全球金融海啸)。然而,亚洲金融风暴以及对港元的投机冲击最终令香港的房地产市场出现大调整,住宅楼价指数至2003年7月
In the 20 years since the reunification, the Hong Kong Special Administrative Region government finances have undergone a six-year adjustment period and since then has been an uninterrupted expansion period since the fiscal year 2004-2005. At present, the financial position and strength of the SAR government can be maintained steadily and steadily To describe, it is difficult to replicate in the world. From the real economic growth rate excluding the price changes, Hong Kong’s economy contracted only for two years after its return to real terms in two decades, namely, -5.9% in 1998 (the Asian financial crisis) and 2009 -2.5% (Global Financial Tsunami). However, the Asian financial turmoil and the speculative impact on the Hong Kong dollar eventually led to a major readjustment of the real estate market in Hong Kong. The index of residential property prices rose to July 2003