ECONOMY OF HONG KONG

 Highly dependent on international

trade and finance.
 The seventh largest port in the world.
 Second to New York and Rotterdam in
terms of container throughput.
 The Hong Kong government raises
revenues from the sale and taxation of
land
 Its economic strengths includes
a sound banking system, virtually no public
debt, a strong legal system, ample foreign
exchange reserves, a rigorously anti-
corruption measures and close ties with the
mainland China, enable it to quickly respond
to changing circumstances
RECENT ECONOMY NEWS & FACTS
 In 2009 the real economic growth fell by 2.8%
as a result of the global financial turmoil.
 The Hong Kong Stock Exchange is the 6th
largest in the world with a market capitalization
of about US$2.97 trillion.
 GDP per capita at purchasing power parity is
the 7th highest globally, more than Switzerland
and Netherlands and slightly lower than the
United States.
 ECONOMIC PREDICTIONS

 Challenges of economic globalization competition

directly from China.

 Shanghai have a geographical advantage giving

Hong Kong a tough economic challenge.

 Hong Kong's principal trading partners remain to

be China, United States, Japan, Taiwan, Germany,
Singapore, and South Korea.