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Contents:
- Hong Kong: Gateway to China
- Hong Kong economy
- The Closer Economic Partnership Arrangement (CEPA)
- Setting up in Hong Kong
Summary:
Hong Kong has a prime location at the geographical and economic centre of
Asia. Business executives in Hong Kong have fast and easy access to all the
major markets in the Asia Pacific region. This central position is one of
the key reasons for the city's popularity as a location for regional
operations.
Located on the southeast coast of Mainland China, Hong Kong has the vast
hinterland which, with 1.3 billion people, is the largest single market in
the world. Corporate executives can travel back and forth to Beijing,
Shanghai and other major Chinese cities in a single day while making their
home in Hong Kong.
Hong Kong is the largest foreign investor in Mainland China, accounting for
about 44% of the national total with a cumulative value of US$233 billion in
June 2004.
More than 100 mainland companies are listed on the Stock Exchange of Hong
Kong.
At least 1,800 Mainland-backed enterprises are registered in Hong Kong.
There are 26 Chinese banks and seven representative offices operating in
Hong Kong.
Free trade is the life-blood of Hong Kong. As a result, it is one of the
most open, externally-orientated economies in the world. The Heritage
Foundation/Wall Street Journal from US and Cato and Fraser Institutes of
Canada have consistently rated it as the world's freest economy.
The Greater Pearl River Delta region, which consists of the Hong Kong
Special Administrative Region, the Macao Special Administrative Region, and
the Pearl River Delta Economic Development Zone portion of Guangdong
Province, has emerged as one of the world's most dynamic economic regions.
The Closer Economic Partnership Arrangement (CEPA)
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