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Launching Pad for Mainland China
A combination of connections has stamped Hong Kong as the best place from which to leverage the opportunities opening up in Mainland China.
Hong Kong was established as a key port for Mainland China trade more than 150 years ago. Over the decades, it has developed intimate economic ties and connections with the mainland. There is nowhere better to seek the expertise, information and facilities needed to tap into the massive Chinese market, which is poised to become the world’s biggest.
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Mainland China is Hong Kong’s largest trading partner, while Hong Kong is the Mainland’s third largest trading partner, accounting for US$288 billion -or 41%- of all cumulative realised direct investment as at May 2007. |
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Hong Kong is the major entrepôt for Mainland China’s trade with the world – a substantial portion of Hong Kong’s re-exports originate from or are destined for Mainland China |
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More than 2,600 Mainland China enterprises operate in Hong Kong in mid-2006. |
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Hong Kong-linked companies employ 9.6 million people in Guangdong province, according to a survey report published by the Federation of Hong Kong Industries in 2007. |
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Hong Kong is a single largest source of capital for Mainland enterprises. As at the end of March 2008, some 442 Mainland enterprises listed with combined market capitalisation of US$1,233.6 billion, accounting for about 57% of total market capitalisation. |
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The Closer Economic Partnership Arrangement gives Hong Kong-based manufacturers and service providers a head start on greater access to Mainland China markets |
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Hong Kong is the perfect location for foreign companies to set up regional headquarters to control businesses in Mainland China |
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China’s entry to the WTO provides more opportunities for Hong Kong’s economy especially in the increasingly affluent Pearl River Delta(PRD). |
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