Hong Kong Special Administrative Region
Hong Kong Special Administrative Region
Hong Kong is Asia’s world city, enjoying the advantage of maintaining a highly internationalised business environment that promotes free trade and is the world’s 7th largest trading entity in merchandise trade. Hong Kong is also the world’s freest economy and one of the top three international financial centres. It ranks first globally in investment environment, international trade, business legislation and air-cargo throughput, etc., and the fourth globally in external direct investment inflows.
Under the “one country, two systems” principle, Hong Kong possesses unique advantages of having the strong support of the country while maintaining unparalleled connectivity with the world. Having direct access to the huge Mainland market and strong international connectivity at the same time, Hong Kong plays the role as a connecting platform under the national dual circulation strategy. The Nation’s 14th Five-Year Plan supports Hong Kong in the development of “eight centres” in the areas of finance, trade, innovation and technology, maritime transport, aviation, intellectual property trading, legal and dispute resolution, as well as culture. As a “super-connector” and a “super value-adder”, Hong Kong is a two-way springboard for Mainland enterprises to go global and for attracting overseas enterprises, as well as an ideal location for expanding global business, offering unlimited opportunities for both Mainland and international investors.
Hong Kong’s advantages
- The only city in the world that can capitalise on both the China advantages and the international advantages
- Located in the heart of Asia
- Possessing a sound legal framework and financial system
- Implementing a simple and low tax regime
- The only common law jurisdiction in our country
- Equipped with advanced infrastructure
- Having a pool of top-notch talents, providing quality professional services, etc.
- Laws in such areas as international investment, financing, business and trade, etc. are aligned with those of the world’s major economies
- Having close links with major business and trade centres around the globe, and providing a business environment that is vibrant, free and open, convenient and safe