1. STUDY BY : APURBA, YANA & ADI

2. OVERVIEW
v Colonised by the British in 1841
v Became the Hong Kong Special
Administrative Region (SAR) of the
People’s Republic of China on 1
July, 1997
v Works under China’s “one country,
two systems” formula
v No imposition of China’s socialist
economic system
v High degree of autonomy in all
matters except defense and foreign
affairs for the subsequent 50 years

3. GEOGRAPHY
v Composed of more than
200 islands
v Total area - 1104 sq km
v Land boundary - 30 km
v Coastline - 733 km
v Weather - subtropical
v Deep natural harbour

4. DEMOGRAPHICS
v Total population - 7,112,688
(approx.)
v Ethnic groups - Chinese (93.1%),
Indonesian (1.9%), Filipino
(1.9%), Other (3%)
v Languages - Cantonese (89.5%),
English (3.5%), Mandarin (1.4%),
Other Chinese dialects (4%),
Other (1.6%)

5. 12,10%
11,50%
49,60%
14,70%
14,40%
Age
0-14
15-24
15-54
55-64
65-Above
Dependency Ratio:
Total - 34.6%
Youth Dependency Ratio - 15.8%
Elderly Dependency Ratio - 18.9%
Population Growth Rate - 0.41%
Education expenditures - 3.5% of GDP
(approx.)
Literacy Rate - 93.5%
Unemployment Rate (between ages
15-24) - 9.3%

6. ECONOMY
v Biggest global financial
centre after London and
New York
v GDP - $404.892 billion
v GDP per capita - $52,700
v GDP growth rate - 3%
v GDP composition (by
sector of origin)
v Revenues - $59.33 billion
v Expenditures - $54.23
billion
v Inflation rate - 4.3%
v Exports - $486.1 billion
v Imports - $514.5 billion
6,90%
93,10%
GDP Composition by
sector
Agriculture
Industry
Services

7. HONG KONG ADVANTAGES
AND OPPORTUNITIES
I III
IV
II
World’s 3rd Largest Art Market by
Auction Sales:
v Sotheby’s and Christie’s
record-breaking sales.
v Presence of International
galleries :Gagosian Gallery,
White Cube and Edouard
Malingue Gallery
Buoyant Market:
v 3.4 million high net worth
individuals
v 562,400 in Mainland China and
180,000 are in Hong Kong
Simple and low tax:
v one of the world’s lowest and
simplest tax systems.
v Corporate profits tax is 16.5%
and personal salary tax 15%
World Class Logistics:
v world’s most efficient
transport and logistics
networks.
v world-class international
airport.
v world’s busiest container
ports.

8. MUSEUMS
v The Hong Kong Arts Centre v The Hong Kong Museum of Art
v The Hong Kong Visual Arts Centre v The University Museum & Art Gallery

9. ART FAIRS
v Asia Hotel Art Fair 22-24 February 2014
www.hotelartfair.kr
v Affordable Art Fair 15-17 March 2014
www.affordableartfair.com
v Art Basel Hong Kong 23-26 May 2014
www.artbasel.com
v Asia Contemporary Art Show 23-26 May
2014 (Spring Edition) 3-6 October 2014
(Fall Edition)
www.asiacontemporaryart.com
v - Fine Art Asia 4-7 October 2014
www.fineartasia.com

10. BUYING, SELLING AND
OWNING ART
In addition to the local galleries, international well established,
emerging and new and art galleries took Hong Kong as another main
playground :
White Cube (UK) Gallerie Perrontin (FR) Simone Lee (UK)
Gagosian Gallery (UK) De Sarthe (FR) Ben Brown (UK)

11. FROM PHYSICAL TO
ONLINE
Traffic: 30,000 visitors per month
Reach: International
Good for: Serious buyers
Traffic: 300 visitors per day
Reach: Mainly local buyers
Good for: Collection builders
Traffic: 2,000 hits per day
Reach: Mostly Europe
Good for: First time buyers

12. TRANSPORTATION COMPANIES
v Michelle International Transport Company
v BALtrans International Moving Ltd (BIM)
v IFAS

13. COPYRIGHT LAW OF
HONG KONG
Article 139
The Government of the Hong Kong Special
Administrative Region shall, on its own, formulate
policies on science and technology and protect by law
achievements in scientific and technological research,
patents, discoveries and inventions.
The Government of the Hong Kong Special
Administrative Region shall, on its own, decide on the
scientific and technological standards and
specifications applicable in Hong Kong.
Article 140
The Government of the Hong Kong Special
Administrative Region shall, on its own, formulate
policies on culture and protect by law the
achievements and the lawful rights and interests of
authors in their literary and artistic creation.
The Copyright Ordinance
The Copyright Ordinance (Cap 528), which became
effective on 27 June 1997, is Hong Kong's first purely
local copyright law. However, the Copyright Act 1956 of
the United Kingdom will continue to apply to the
protection of copyright of works created before 27
June 1997.

14. THANK YOU FOR
YOUR ATTENTION