Internet added US$12b to Hong Kong’s GDP


Posted on May 5, 2011  /  0 Comments

How much the internet contributes to an economy? We find specific answers from the West but the Asians remain mum on this important issue. Because, no Asian country has conducted any study in this regard.  Google Hong Kong has, however, broken the silence and engaged Boston Consulting Group to study the impact of internet in Hong Kong’s economy. It has found the internet has pumped over HK$ 96 billion ($12.35 billion) or 5.9% of total GDP for 2009 to Hong Kong’s economy in 2009. And this could grow up to HK$146 billion by 2015. Download the full report.

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