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Business Information for Hong Kong and Shanghai

Hong Kong business environment

Hong Kong is ranked as the world's freest economy.

Hong Kong is an international centre for finance and trade. It has an open economy, encouraging free trade and enterprise with minimal government intervention. It has a simple taxation structure with low rates of taxation. Foreign investment is welcome in all industries with very few exceptions.

There are no restrictions or controls on foreign exchange. The Hong Kong dollar is pegged to the U.S. dollar.

In 2003 CEPA (Closer Economic Partnership Arrangement) was established between Hong Kong and Mainland China. This arrangement opened up the Mainland's markets to Hong Kong's goods and services.

Indexes/Surveys on the Hong Kong business environment

Nikkei Hong Kong PMI (Purchasing Manager's Index) 

Released monthly. Provides up-to-date indicators of economic trends. Data is taken from questionnaires sent to purchasing executives.

Hong Kong SME Leading Business Index Report

Quarterly survey aimed at SMEs and the public to provide insight into upcoming business environment.

Quarterly Business Tendency Survey

Covers the business expectations of various sectors (including manufacturing, construction, retail, & more) in order to predict future economic performance. From the Census & Statistics Department, Hong Kong Government.

Hang Seng Indexes

Major indicator of the performance of Hong Kong stock.

Consumer Price Index Monthly report / Annual report

Measures price movements of goods and services. From the Census and Statistics Dept, Hong Kong Government.

Export Index From the HKTDC. The index is "designed to monitor the current export performance of Hong Kong traders and gauge their near-term prospects." 

Statistics

Hong Kong Market Information and Statistics

The Census and Statistics Department of the Government of Hong Kong provides a wide array of business related statistics including: industrial production, external trade, commerce, public accounts, money & finance, national income & balance of payments.

See also the Library Research Guide Statistics - Statistics for Hong Kong

Budget

Government Budget: 2019-2020

Rankings for Hong Kong

Chinese Academy of Social Sciences' annual survey, 2017, Hong Kong is the second most competitive city in China.

Global Competitiveness Rankings. 2017. From IMD Switzerland. Hong Kong comes in first place.

Market Potential Index for the World's Emerging Markets. Ranks the market potential of countries identified as emerging markets. Hong Kong is second behind China.

Ease of doing business Measures the regulatory environment for starting a new business. Hong Kong comes fifth place.

Hong Kong business magazines

Hong Kong Business

A free monthly magazine.  Covers the economy, investment, manufacturing, technology, travel and trade, & more.

The Bulletin

From the Hong Kong Chamber of Commerce.