Advantages of doing business in Hong KongHong Kong is an ideal place to invest or to do business. It is characterised by its:
Belt and Road IntiativeThe Belt and Road Initiative refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road. It is a visionary, long-term initiative launched by the Chinese Government to foster closer economic, political, cultural and social links across Asia ti the Middle East, Europe and Africa. The Initiative features “five areas of connectivity”: policy co-ordination, facilities connectivity; unimpeded trade: financial integration; and, people-to-people bonds.
Learn more about Belt and Road Initiative and Hong Kong’s participation
Gateway to Mainland ChinaHong Kong is also known as the gateway to China as it offers easy access – commercially and geographically – to Mainland China business opportunities. The Pearl River Delta (PRD) region, the largest and most productive manufacturing region in China, is immediately to the north of Hong Kong and business people commute regularly and easily between the two.
Learn more about doing business in Hong Kong
Closer Economic Partnership Arrangement (CEPA)The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is the first free trade agreement between Mainland China and Hong Kong. It opens up huge markets for Hong Kong goods and services, greatly enhancing the existing close economic cooperation and integration. In brief, the Mainland applies zero import tariffs for exports from Hong Kong meeting CEPA origin rules for goods and preferential market access for Hong Kong companies in 47 service sectors, including banking, logistics, legal, audio-visual, transport and mining. Overseas companies can also benefit from CEPA in various ways.
Learn more about CEPA here.
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