Page 24 - HK-Connect-2020-21-EN-Nov2020-edition (4)

# DYNAMIC A magnet for foreign firms
Overseas and Mainland
Overseas and Mainland
companies in Hong Kong
companies in Hong Kong Total number
Total number
of operations
of operations
9,049
8,754
(2021) (2018)
6.4% 8,225 (2017)
#DYNAMIC
Regional headquarters Local offices
1,457 5,109
(2021) (2021)

Regional offices Staff engaged
2,483 473,000
(2021) (2021)
Hong Kong is a dynamic business, finance, trading and logistics
hub. It is also a leading design and innovation centre. v Sectors: Import/export trade, wholesale and retail; financing and banking;
professional, business and education services
v Major sources of parent companies: Mainland China, Japan, the US, the
UK, Singapore

A powerful combination of factors -- prime location, rule of law, Start-up hub
high-speed communications, free flow of information and capital, v StartmeupHK is an initiative by Invest
a low and simple tax system and a pro-business government -- – Hong Kong to attract entrepreneurial talent and
makes Hong Kong a leading international business and innovative ventures from around the world to
use Hong Kong as their global launch pad.
financial centre.
v The city hosts over 3,755 start-ups in
2021.
v Support for start-ups:
- Excellent package of advantages
- Incubators and accelerators
- Government funding support
- Private venture capital

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