Source: Hong Kong Commercial Daily
Author: National Committee member, Chairman of the Hong Kong Environmental Practitioners General Association, Lin Xiaohui
Recently, data released by the Hong Kong Special Administrative Region government indicates that Hong Kong's appeal as an international business center is continuously strengthening. The number of companies with parent companies located overseas and in mainland China has risen to 9,960, while the number of startups has also climbed to 4,694, both reaching historical highs. This series of positive data not only reflects the superiority of Hong Kong's business environment but also highlights the significant achievements of the SAR government in attracting talent and enterprises.
Particularly noteworthy is that among the 66 leading companies successfully recruited through the introduction of key enterprise offices, nearly half are industry leaders, and 80% of the companies plan to establish global or regional headquarters in Hong Kong. The entry of these companies has not only brought HKD 42 billion in investment commitments to Hong Kong but will also create over 17,000 jobs, injecting strong momentum into Hong Kong's economic development.
Hong Kong's ability to attract such a large number of international companies and startups is attributed to its unique geographical location, robust legal system, low tax regime, efficient government services, and financial market aligned with international standards. These advantages collectively form the core competitiveness of Hong Kong as an international business center, positioning Hong Kong in a significant place in the global economic landscape.
At the same time, the data also shows Hong Kong's efforts in diversifying market expansion. Whether from traditional European and American markets or emerging Middle Eastern and ASEAN markets, the significant growth in the number of companies based in Hong Kong demonstrates that Hong Kong's business appeal is continually expanding on a global scale.
Moreover, the surge in the number of startups also reflects Hong Kong's vitality and potential in innovation and entrepreneurship. These startups not only bring new growth points to Hong Kong's economy but also provide more job opportunities and entrepreneurial platforms for young people. The continuous rise in Hong Kong's business appeal is the result of the SAR government's years of efforts to create a favorable business environment and actively attract talent and enterprises. Looking ahead, with the ongoing changes and developments in the global economy, Hong Kong needs to continue leveraging its unique advantages, continuously innovate and improve the business environment to attract more international companies and talent to develop in Hong Kong.