Hong Kong Fast Facts
General |
Economy |
- Population: approximately 7 million - Official languages: Chinese and English - Time Zone: GMT +8 |
- World's 13th largest trading economy - World's freest economy (as named by the Heritage Foundation) - 3rd largest stock market in Asia - 2nd largest source and recipient of FDI in Asia - Asia's largest venture capital centre - Per capita GDP of about US$30,000 - Low tax rates: 15% salaries tax, 16.5% profits tax - No VAT, sales tax, or capital gains tax - World's busiest airport for international cargo - One of the world's busiest container ports - Stable and convertible currency linked to US$ |
Society |
China Connections |
- Robust and transparent legal system - Free trade, free market and free media - Highly-educated workforce and entrepreneurial culture - Level-playing field for local and international companies - World-class communications technology and infrastructure - Convenient, safe and cosmopolitan city |
- Unrivalled experience in doing business with China - Largest source of foreign investment in China - 40% of China's total in 2008 - Preferential access to China market via Closer Economic Partnership Agreement (CEPA) - Extensive rail, road and sea and air links - China's key offshore capital-raising centre |
Above data provided by the Hong Kong Trade Development Council.