Hong Kong is a dynamic business, financial, trading and logistics hub, as well as a leading design and innovation centre. As one of the freest economies in the world renowned for the ease of doing business, our city is home to close to 9,050 overseas and Mainland Chinese companies, with more than 1,500 operating a regional headquarters here, in addition to some 2,500 regional offices and some 5,000 local offices.
Financial centre and innovation and technology hub
With a total market capitalisation of about US$6,825bn among 2,549 companies listed on Hong Kong Stock Exchange at the end of February 2021, the Hong Kong stock market is the largest in Asia and third in the world. Known for its status as an international financial centre that enjoys the dual advantages of “One Country, Two Systems”, Hong Kong is an ideal platform to seize the opportunities arising from the Belt and Road Initiative (BRI) and Guangdong–Hong Kong–Macao Greater Bay Area (GBA).
With the Central Government’s unwavering support for Hong Kong demonstrated through China’s 14th Five-Year Plan, the blueprint and action agenda for the social and economic development of China in the next five years, our city is poised to maintain long-term prosperity and stability. On the development of the GBA, the Plan highlights the deepening and widening of mutual access between the financial markets of Hong Kong and the Mainland, as well as the strengthening of exchanges and co-operation between Hong Kong and the Mainland on different fronts, including the Shenzhen–Hong Kong Loop as a major platform of co-operation in the GBA.
Hong Kong is well-positioned to develop innovation and technology, especially in biotechnology, artificial intelligence, smart city and financial technology. Overseas talents are most welcome to work in Hong Kong and to enjoy the vibrancy and dynamism of our city.
ASEAN is a region that is rich with potential. Hong Kong’s role as an important entrepot between Mainland China and ASEAN provides a strategic platform for ASEAN businesses and investors to tap into the opportunities offered by the BRI. In recognition of Hong Kong’s status as an international city, the Plan supports Hong Kong to foster co-operation and exchanges with countries and regions around the world. International business communities can leverage on the city’s unique advantages to access both the Mainland Chinese and ASEAN markets.
With the Hong Kong and ASEAN Free Trade Agreement and Investment Agreement fully coming into force in February 2021, there are greater legal certainty, better market access and fair and equitable treatment in trade and investment, thus creating new business opportunities and further enhancing trade and investment flows between Hong Kong and ASEAN. Hong Kong is well-poised to further enhance its role as a facilitator and promoter to help nurture trade and investment on the multilateral front.
Hong Kong Economic and Trade Offices
With locations in Jakarta, Singapore and Bangkok, the Hong Kong Economic and Trade Offices represent the Government of the Hong Kong Special Administrative Region (HKSAR) in matters between Hong Kong and ASEAN as a whole and also bilaterally with individual ASEAN member states. The three offices work closely with governments and agencies, business associations and professional bodies, as well as media and think tanks in the ASEAN region to promote bilateral ties in various arenas, such as trade and investment, culture exchanges, and economic and technical co-operation.
Hong Kong Economic and Trade Office, Jakarta
Address: 19th Floor, World Trade Centre 2, Jalan Jenderal Sudirman Kav. 29-31, Jakarta Selatan 12920 Indonesia
Telephone: +62 21 8086 9730
Hong Kong Economic and Trade Office, Singapore
Address: 9 Temasek Boulevard, #34-01, Suntec Tower Two, Singapore 038989
Telephone: +65 6338 1771
Hong Kong Economic and Trade Office, Bangkok
Address: Sathorn Square, 21/F, 98 North Sathorn Road, Silom, Bangrak, Bangkok, 10500 Thailand
Telephone: +66 (0) 2059 4660
Facebook: Hong Kong Economic and Trade Office in Bangkok
Here are some of the business associations in the ASEAN region that the Hong Kong Economic and Trade Offices work closely with to promote bilateral ties:
Hong Kong Business Association of Cambodia
Indonesia Hong Kong Business Association
Hong Kong-Malaysia Business Association
Myanmar Hong Kong Chamber of Commerce and Industry
Hong Kong Chamber of Commerce of the Philippines Inc.
Hong Kong Singapore Business Association
Thai Hong Kong Trade Association
Hong Kong Business Association, Vietnam