一、回归后香港经济波动的基本特征及其原因回归十年间,香港经济的发展历程可总结为“抵御冲击、逐渐复苏、稳定增长”的过程。香港在回归后,相继受到亚洲金融危机、美国新经济泡沫破灭影响与全球经济增长减缓、 “非典”疫情等不利因素的冲击,经济发展一度受到严重影 I. Basic Characteristics and Reasons of Hong Kong’s Economic Fluctuation after the Return The process of Hong Kong’s economic development can be summed up as the process of “resisting shocks, gradually recovering and steady growth” during the 10 years of reunification. After the reunification, Hong Kong was hit hard by the Asian financial crisis, the burst of the new U.S. economic bubble, the slowdown of the global economic growth and the unfavorable factors of the “SARS” epidemic. Economic development was once severely affected