With its ideal location in fast-growing Asia and riding on the opportunities brought by the Mainland economy, the Hong Kong Special Administrative Region has developed into an international business, trade and financial hub, as well as a renowned tourist city, providing high value-added and knowledge-intensive services to the globalised world. Hong Kong also serves as the gateway to the Mainland for overseas investors as well as a platform for Mainland enterprises to go global.
Being a small open economy, Hong Kong has many areas of strength - level playing field for businesses, simple and low tax regime, free flow of capital and information, highly efficient markets, world-class infrastructure, a fine tradition of the rule of law, etc., all being the cornerstones of our economic success. Meanwhile, our unique position under "one country, two systems" will continue to create enormous development potential for the Hong Kong economy.
More information about Hong Kong's economy can be found here
Gateway to China
China has become the world’s second largest trading nation since its opening up in 1978. Under the “One Country, Two Systems” principle, Hong Kong has taken advantage of its unique geographical position and special relationship with its motherland to build on its role as the Gateway to China. Since its establishment as a Special Administration Region of China in 1997, Hong Kong has remained the world’s freest and most competitive economy, offering one of the most vibrant and friendly business environments, as well as excellent infrastructure and quality of life. With its strategic location at the doorway to the Mainland and within four hours’ flight distance to all Asian key markets, Hong Kong serves as a global centre for trade, finance, business and communications
As China’s Global Financial Centre and international trade and shipping centre, Hong Kong offers comprehensive services and excellent expertise.
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) – a free trade arrangement on closer economic and trade partnership signed in 2003 – opens up huge markets for the Hong Kong trade on goods and services and greatly enhances the already close economic cooperation and integration between Hong Kong and Mainland China. CEPA is nationality-neutral and provides a platform for companies based in Hong Kong, both domestically- and foreign-owned, to tap into the huge opportunities in Mainland China.
More information about CEPA can be found here.
More information about Guangdong‐Hong Kong‐Macao Bay Area Development can be found here.