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Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
Hongkong country report
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Hongkong country report

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Since the agricultural sector is almost non-existent , Hong Kong has to import 80% of its food supplies. …

Since the agricultural sector is almost non-existent , Hong Kong has to import 80% of its food supplies.
Hong Kong does not have any natural resources and depends entirely on imports of raw materials and power.
Agriculture contributes practically nothing to the economy.
The manufacturing Industry's contribution to the GDP is also very low.
Hong Kong’s main industrial sectors are textiles, electronic components and household appliances, computer technology and communications.
The tertiary sector, particularly financial services, is the heart of economic activity.
Hong Kong contributes around 90% of the GDP and employs about 80% of the active population.
Hong Kong is a services center for Asian companies, especially those that trade with China.
The tourism industry is booming. mainly due to an exponential increase in the
number of visitors from mainland China.

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  • 1. Main Industry SectorsEconomic OverviewForeign Direct Investment [FDI]FDI Government MeasuresCountry Strong PointsCountry Weak PointsForeign Trade Overview
  • 2. Since the agricultural sector is almost non-existent , Hong Kong has to import 80% of its food supplies. Hong Kong does not have any natural resources and depends entirely on imports of raw materials andpower. Agriculture contributes practically nothing to the economy. The manufacturing Industrys contribution to the GDP is also very low. Hong Kong’s main industrial sectors are textiles, electronic components and householdappliances, computer technology and communications. The tertiary sector, particularly financial services, is the heart of economic activity. Hong Kong contributes around 90% of the GDP and employs about 80% of the active population. Hong Kong is a services center for Asian companies, especially those that trade with China. The tourism industry is booming. mainly due to an exponential increase in thenumber of visitors from mainland China.
  • 3. After four years of maintained growth, the global financial crisis led the Hong Kongeconomy into recession during the third quarter of 2008. The recovery was nevertheless prompt and vigorous and in 2010 the economy resumed atrajectory of strong growth, especially thanks to the dynamism of exports, stimulated by thegrowth of China. In 2010, the growth is estimated at 6 %.. The governments priority is now to deal with the vertiginous rise in the real estate prices,which creates problems of social cohesion and access to housing. The announced measures seek to reduce the lever effect on bank lending, reducespeculation, increase the transparency of the market and expand the land available todevelopers. The economic crisis has lead to the deterioration of the labor market, particularly in thefinancial services. However, the unemployment rate decreased to 4.4% in 2010 and shouldfurther decrease in 2011.
  • 4. Hong Kong has risen to the fourth position in the world for foreign direct investments (FDI) in2009 and maintained the second place in Asia after China. The FDI fluxes, which have slowed down as an effect of the global recession, have againbegan to grow in 2010. This tendency will continue, due to the key role which the Asian region will play in globalgrowth. Hong Kongs attraction is due to a number of its strengths: its strategic position which makesthe island the access gate to the Chinese market, its status as a free port, its simple and veryincentive tax regime, its efficient infrastructure and legal security.
  • 5. Hong Kong is a free territory for investments, which are in fact encouraged by thegovernment with a favorable taxation policy and light legislation. Foreign companies can be set up freely, register their brands and the Director of thecompany doesnt have to be a citizen nor resident of Hong Kong.
  • 6. Hong Kong is an international leader in terms of export and as a services center. Hong Kong is also the bridgehead to one of the largest production bases in the world, China.Hong Kong has a sound economy and an efficient financial and banking system. Favorable tax measures, the transparency of local institutions, political stability, freedom ofinformation, availability of qualified human resources as well as its advantageousgeographical location in Asia, all constitute to make Hong-Kong a preferred place for companyestablishment, as witnessed by the millions of companies registered on the territory. In 2003, the Capital Investment Entrant Scheme (CIES) was launched by the Hong KongSpecial Administrative Region (SAR) Government. Hong Kong scheme aims to facilitate the entry for residence for Foreign investors throughcapital investment into permissible assets without the need to establish or join in a business.
  • 7. Hong Kong has few, yet consequential, negative points against setting up: High cost of real estate and work space (offices, shops,etc.); High cost of salaries, compared to other Asian countries such as Mainland China and India; The question of Hong Kongs future, especially when the town will be completely integrated with the Peoples Republic of China; The excessive importance of the financial sector.The Hong Kong stock market was highly disturbed for year 2008-2009.The stock markets main indicator fell by 45%, the lowest in 34 years.
  • 8. Hong Kongs economy is considered a model of capitalism because of its dedication to freetrade. Trade represents more than 400% of the GDP. Hong Kong belongs among the fifteen topexporters of trade services and the first fifteen trade-based economies in the world. Foreign trade was pursued intensively during these past years. Structurally in a deficit, thetrade balance of Hong Kong has worsened due to the quicker rise in imports. Hong Kong’s main trade partners are China, Southeast Asia and Japan.
  • 9. Visit us to download for related reportsMarket Opportunities of products and Services in Hong Kong.Export and investment sector opportunities in Hong Kong.Overview of Trade Regulations, Customs and Standards in Hong Kong.Hong Kong Investment guide for beginners.Business and Project Financing in Hong Kong.Business Travel Advisory in Hong Kong.
  • 10.  China  Australia Mexico  Germany United States  France India  Spain Canada  South Korea Russia  Vietnam Hong Kong  Saudi Arabia Colombia  Poland Brazil  South Africa Turkey  Nigeria Indonesia  Argentina Egypt  UAE Singapore  Netherland United Kingdom  Sweden Italy  Thailand Japan  Israel and more…. Buy 2 reports get 1 report FREE
  • 11. International Market Research Report on 300+ topics over 100 countries Instant online Delivery Need additional reports ? Market Share Distribution and business practices Market Size Statistical data Market Trends End user analysis Market access Import and Export strategies information Market Analysis Competitions Domestic production Best sales prospects Tariffs and Trade shows and regulations contact points
  • 12. Thanking for downloading For more information visit uswww.worldresearchreport.com Or Email usworldresearchreport@gmail.com

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