1 consulate general of switzerland hong kong 21 june 2006 512 0 muj chw annual economic report 2005 appreciation the problems and issues overview hk economy is back in full health with real gdp rising above trend for more than two years up by 8 6 2004 7 3 2 opening quarter consumer spending has posted a solid growth amid stronger sentiment improving employment prospects once reaching almost 9 2003 unemployment rate fell to 5 4 may lowest since 2001 retail sales grew value another jan april also after five deflation prices have been gradually edging along recovery exports imports goods 11 us 288 billion 10 298 respectively total 23 million visitors