Page 25 - HK-Connect-2020-21-EN-Nov2020-edition (4)
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# 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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