The Hong Kong economy refers to the economic system and activities within the Hong Kong Special Administrative Region (SAR) of the People’s Republic of China. It is characterized as a free-market economy with minimal government intervention, a robust service sector, and a highly developed financial services industry. Hong Kong serves as an international financial hub, facilitating trade and investment, and is known for its low tax regime, efficient business environment, and strong legal system. Key sectors include finance, logistics, tourism, and professional services. The economy benefits from its strategic geographic location, serving as a gateway between mainland China and the rest of the world. Despite challenges such as political unrest and the impact of the COVID-19 pandemic, the Hong Kong economy is marked by resilience and adaptability, playing a significant role in the broader Asian economy and global markets.
Exploring Hong Kong’s Green Technology Future Recent analyses highlight Hong Kong's emerging role as a potential leader in the green technology sector. The city is being recognized for its strategic…