Hong Kong Economy

Hong Kong is one of the most proven, stable and developed economies in the world! Growth in this Special Administrative Region of the Peoples' Republic of China is also getting support from China, world's one of the strongest economies.

Located at a supremely favorable geographical position in the heart of Asia continent, the city of Hong Kong evolved as one of the most dynamic economies. Hong Kong is hub for international business, trade and finance, thanks to its natural harbor and free market economic policy. It boasts efficient and productive work force that has been helping the city to grow economically. Coupled with western business methods and advanced infrastructure and technology, its highly efficient work force has made Hong Kong a prominent economy in the world map.

A few other factors that helped Hong Kong in standing up as a rising star in the world economic scenario include the region's political stability; its tax system, as well as business perks. Entrepreneurs from across the world are showing their interest in Asia, especially in this heart land.

This port city is better known for its prospering service industry. Banking, insurance, telecommunication, information technology and tourism are the major service industries where a majority of the population in Hong Kong is engaged. Taking special note of the tourism industry, a significant portion of the economy's revenues is generated from it. Hong Kong received about 29.5 million visitors in the year 2008, which is four times larger than the region's population. Another industry that deserves a special mention is the entertainment industry. Hong Kong is also known as Asia's movie capital.
 
Hong Kong truly stands as an Asian leader in many industries, especially finance and information technology. Factors like strong work ethic, advanced technologies, business-oriented environment are undoubtedly making this city a prime choice in the continent for every entrepreneur to spread or set up a business. It is a dream country that offers great job opportunities for skilled professionals. For sure, this is one country that one can make his/her permanent home and an ideal place to bring up family in!
 
Have a look at scorecard of Hong Kong Economy

General

1. The world's freest economy
2. The world's most service-oriented economy
3. The world's 2nd highest per capita holding of foreign exchange
4. The world's 2nd most competitive economy
5. Asia's 2nd most business-friendly economy
6. Asia's 2nd largest recipient of foreign direct investment
7. Asia's 2nd largest source of foreign direct investment
8. Asia's 2nd least corrupt place
9. The world's 11th largest exporter of services
10. The world's 11th largest trading economy

Finance

1. Asia's highest concentration of fund managers
2. Asia's largest venture capital centre
3. Asia's 2nd most developed insurance market in terms of per capita insurance premium
4. Asia's 2nd largest syndication loan centre
5. Asia's 3rd and the world's 7th largest stock market
6. Asia's 3rd largest international banking centre
7. The world's largest IPO market
8. The world's 6th largest foreign exchange market

Communications and Media

1. The world's first major city to have fully digitized telephone network
2. The world's first commercial rollout of Video-on-Demand
3. Asia's busiest international telephone traffic
4. Asia's highest rate of telephone penetration
5. Asia's highest cellular mobile telephone penetration
6. The world's second highest broadband penetration

Transportation

1. The world's busiest airport in terms of international cargoes
2. The world's 3rd busiest container port
3. The world's 4th busiest speed-post administration in terms of traffic volume
4. The world's 5th busiest airport in terms of international passengers

Interested in Immigrating to Hong Kong?

Kindly mail the following information to web@abhinav.com right now!

1. Your updated resume/ brief business profile
2. If married, also resume of your spouse with clear mention of her age and qualifications
3. If applicable, information on children and their age

Even if you seek more information about Immigrating to Hong Kong you can write an email on web@abhinav.com and one of the most experience immigration consultants will get in touch with you to help you out with your questions and concerns or you can also choose to call us on +91-8595338595 or directly interact with the expert through our Live Chat window.