Hong Kong is an ideal place to invest or to do business. It is characterised by -
Hong Kong is also the natural gateway for trade and investment to the vast market in Mainland China. Hong Kong's geographical advantage as a launching pad to markets in Asia can be seen from its position as the world's 11th largest trading economy. Hong Kong is recognized by business people worldwide to be the best service platform through which inward investors can reap the benefits of the manufacturing powerhouse of the world - the Greater Pearl River Delta. Indeed over 3, 800 overseas companies with businesses in the region including Mainland China have chosen Hong Kong as the place for their regional headquarters or offices.
Visit InvestHK website to see more details on the advantages that Hong Kong can offer you.
Closer Economic Partnership Arrangement (CEPA)
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is the first free trade agreement ever concluded by the Mainland of China and Hong Kong. The main text of CEPA was signed on 29 June 2003. CEPA opens up huge markets for Hong Kong goods and services, greatly enhancing the already close economic cooperation and integration between the Mainland and Hong Kong. In brief, the Mainland has applied zero import tariff for exports from Hong Kong meeting CEPA origin rules for goods and preferential market access for Hong Kong companies in various sectors to facilitate trade in services. CEPA adopts a building block approach and institutes a mechanism for further liberalisation measures. You can visit CEPA website to find out details of further liberalisation.
Overseas companies may also benefit from CEPA in various ways. Visit InvestHK website to find out more on how CEPA can benefit your investment and businesses.