People’s Republic of China—Hong Kong Special Administrative Region: Staff Report for the 2005 Article IV Consultation Discussions

February 13, 2006

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Format: Chicago

People’s Republic of China—Hong Kong Special Administrative Region: Staff Report for the 2005 Article IV Consultation Discussions, (USA: International Monetary Fund, 2006) accessed December 21, 2024

Summary

The staff report for the 2005 Article IV Consultation on the People’s Republic of China highlights economic developments and fiscal policy. The continued robust growth owes much to the favorable external environment, with judicious macroeconomic policies, continued structural reforms, and the confidence-building effects of the Closer Economic Partnership Arrangement (CEPA). Reflecting the buoyant activity, inflation has picked up mildly, but remains well contained. Executive Directors noted that low-income families adversely affected by the tax could be assisted through targeted transfers.

Subject: Aging, Labor, Labor markets, Land prices, Population and demographics, Prices, Revenue administration, Wages

Keywords: Aging, Asia and Pacific, CR, Economic expansion, Europe, Exchange rate, Executive Board discussion, Fiscal year, Global, Hong Kong SAR, Hong Kong SAR authorities, Hong Kong SAR authority, IMF Executive Board, ISCR, Labor markets, Land prices, Maintaining Hong Kong's vibrancy, SAR, Wages

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/050
Stock No:

1HKGEA2006001
ISBN:

9781451816938
ISSN:

1934-7685

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