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The World's Freest Economy
Hong Kong is one of the most open, externally orientated economies in the world, built on free enterprise and free trade.
It has been rated as the world’s freest economy by the Heritage Foundation of the United States annually since 1995; and by the Cato Institute/Fraser Institute since 1996. Hong Kong embraces the globalisation of international trade and economic activities, with benefits for itself and all who do business in the city.
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Economy built on free enterprise, free trade, free market open to all |
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No barriers to trade – no tariffs, no quotas, no exceptions |
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No restrictions on investments, inward or outward |
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Taking the EU as a single trading entity, Hong Kong, China ranked the world’s 6th largest trading entity in 2006. |
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No foreign exchange controls |
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Last revision date: July 2008
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