The results of two annual statistical surveys released by the Hong Kong Special Administrative Region Government on the 26th show that Hong Kong's unique attractiveness to global enterprises continues to increase, making it an ideal investment destination for establishing or expanding their businesses. By 2025, the number of Hong Kong based companies with parent companies located in mainland China and overseas will increase to 11070, and the number of local start-ups in Hong Kong will increase to 5221, both reaching historic highs. The survey shows that the number of companies stationed in Hong Kong has increased by 1110 compared to 2024, a year-on-year increase of 11%; The number of employees reached 509000, a year-on-year increase of 3%. From the source of the parent company, the number of mainland companies stationed in Hong Kong is the highest, reaching 3090. In terms of industry distribution, the number of companies engaged in import and export trade, wholesale and retail ranks first (5100), followed by finance and banking (2390) and professional, commercial and educational services (1770). The start-up ecosystem in Hong Kong has also shown strong vitality. According to data from the Investment Promotion Agency of the Special Administrative Region Government, the number of startups will increase by 11% year-on-year in 2025; Employed 19753 people, a year-on-year increase of 12%. These enterprises are widely distributed in high growth fields such as financial technology, information technology, biotechnology, education, health, and healthcare. In his speech at the 19th Asian Financial Forum on the same day, Hong Kong Chief Executive Carrie Lam pointed out that the significant increase in the number of companies stationed in Hong Kong, especially the considerable growth from many parts of the world, as well as the flourishing development of the startup ecosystem, fully reflects the firm confidence of international and mainland enterprises in Hong Kong's business environment. This also confirms the fruitful achievements Hong Kong has made in facilitating the establishment and operation of enterprises and building a favorable development ecosystem. The Secretary for Commerce and Economic Development of the Special Administrative Region Government, Qiu Yinghua, stated that the government has continuously enhanced Hong Kong's competitiveness, injected new impetus into the economy, and created more opportunities for enterprises through a series of measures such as establishing a special team for mainland enterprises to go abroad, formulating targeted preferential policies to attract high value-added industries to settle down, accelerating the development of the northern metropolitan area, and expanding the network of overseas economic and trade offices. The Director General of Invest Hong Kong, Liu Kaixuan, stated that in the future, we will continue to actively connect with the national development strategy plan, rely on the special team mechanism to assist mainland enterprises in expanding their international markets through Hong Kong, and focus on the development of the northern metropolitan area, with customized policy packages to attract more high potential enterprises to come to Hong Kong, further consolidating Hong Kong's key position as an international business and investment hub. (New Society)
Edit:He Chuanning Responsible editor:Su Suiyue
Source:Xinhua
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