Reasons to invest in Hong Kong

Hong Kong is a unique place that offers many advantages to businesses. If you didn't know, now you do. Let's take a closer look at the most interesting reasons to do business in Hong Kong.

A strong and growing economy

Doing business in Hong Kong is a great idea. Indeed, the economy is large and growing every day. For most of the last decade, Hong Kong's economy has generally grown at an annual rate of about 2-6%. 

Hong Kong's economy enjoys a surprisingly free business climate. The free trade, free markets and free enterprise for which Hong Kong is renowned offer companies many opportunities for growth and profit.

A strategic location for business

Hong Kong's privileged location in south-eastern China provides easy access to the huge mainland Chinese market and other major Asian markets. Major Chinese cities can be reached within a day, including Beijing via the Beijing-Hong Kong high-speed train. Hong Kong also offers easy access to lucrative markets such as Japan, India, Singapore and Thailand. 

A strong free market

Hong Kong is internationally recognised for its exceptional free market. The Heritage Foundation's Index of Economic Freedom ranks Hong Kong as the world's freest economy for more than 20 consecutive years, until it is replaced by Singapore in 2020 and 2021. 

Hong Kong's free trade, free currency, low taxes, minimal tariffs and limited government interference contribute to this high ranking. Hong Kong has no restrictions on inward or outward investment, so trade can flow freely across borders in both directions. 

A skilled workforce

In general, Hong Kong's workforce is highly skilled, well-trained and educated. Education in Hong Kong is free and compulsory from secondary school. Hong Kong has a good national university system, and many students also pursue higher education abroad and return home. Technical education is provided by the Hong Kong Institute of Vocational Education (IVE).