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Economic Success of Hong Kong

Hong Kong is a success story.  Its success story is widely recognized.

General

  • The world’s freest economy
  • The world’s most service-oriented economy
  • The world’s most competitive economy
  • The world’s 2nd highest per capita holding of foreign exchange
  • Asia’s 2nd most business-friendly economy
  • Asia’s 2nd largest recipient of foreign direct investment
  • Asia’s 2nd largest source of foreign direct investment
  • Asia’s 2nd least corrupt place
  • The world’s 10th largest trading economy
  • The world’s 11th largest exporter of services

Merchandise Trade

Finance

  • Asia’s highest concentration of fund managers
  • Asia’s largest venture capital centre
  • Asia’s 2nd most developed insurance market in terms of per capita insurance premium
  • Asia’s 2nd largest syndication loan centre
  • Asia’s 3rd and the world’s 7th largest stock market
  • Asia’s 3rd largest international banking centre
  • The world’s largest IPO market
  • The world’s 6th largest foreign exchange market

Communications and Media

  • The world’s first major city to have fully digitised telephone network
  • The world’s first commercial rollout of Video-on-Demand
  • Asia’s busiest international telephone traffic
  • Asia’s highest rate of telephone penetration
  • Asia’s highest cellular mobile telephone penetration
  • The world’s second highest broadband penetration

Transportation

  • The world’s busiest airport in terms of international cargoes
  • The world’s 3rd busiest container port
  • The world’s 5th busiest airport in terms of international passengers




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2016-17 Budget
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