The Acting Director of the Hong Kong Economic and Trade Office (Toronto) (HKETO), Mr Gavin Yeung, visited Vancouver from October 7 to 9 for business promotion and talent attraction.
Speaking at the 2025 Association of Chinese Canadian Entrepreneurs (ACCE) West Coast Gala on October 8, Mr Yeung updated more than 300 guests from the business sector that Hong Kong continued to be recognised as the world’s top international financial centre.
“In the Economic Freedom of the World 2025 Annual Report published by the Fraser Institute just last month, Hong Kong retained as the world’s freest economy,” he said.
“Being an international metropolis, Hong Kong’s free market and premier business environment are attributable to our distinctive institutional strengths under ‘One Country, Two Systems’, including the free port status, the practice of the common law system, robust rule of law, the exercise of independent judicial power by the Judiciary, efficient and transparent markets, a regulatory regime aligned with international best practices, a simple tax system with low tax rates, a safe and stable investment environment, and free flow of capital, information, goods and talents, among others. These factors have made Hong Kong an ideal place for doing business as well as a preferred destination for corporate investment.”
Early upon arrival in Vancouver on October 7, Mr Yeung attended a student information session at the University of British Columbia (UBC) organised by the Hong Kong-Canada Business Association (Vancouver Section) in collaboration with the HKETO and Invest Hong Kong Canada. He met with some 100 students from the Sauder School of Business of the UBC and promoted Hong Kong’s excellent work environment and job opportunities for overseas university graduates.
In particular, he mentioned that in World Talent Ranking 2025, Hong Kong rose five places to its highest ever 4th ranking in the World Talent Ranking 2025 published by the International Institute for Management Development, and ranked 1st in Asia. Hong Kong improved across all three ranked talent competitiveness factors, namely “Appeal”, “Readiness” and “Investment and Development”.
“Hong Kong continued to top the ranking in the percentage of graduates in sciences,” he said. “It is a clear testament to Hong Kong’s efforts in education, innovation and technology, and talent admission.”
During the three-day duty visit, Mr Yeung also had various meetings with local academic and business sectors to update them on the latest developments in Hong Kong.