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Wednesday, January 22, 2025

China Invites Global Businesses to Hong Kong

Beijing (TDI): China welcomes businesses from across the world to operate in the Hong Kong Special Administrative Region and share the dividends of both the region’s development and the policy of “one country, two systems,” a foreign ministry spokesperson said on Thursday.

Spokesperson Mao Ning made the remarks in response to a related question at a daily media briefing.

Mao stated that the central government’s support, the HKSAR administration in 2024 had forged ahead with a keen sense of responsibility and a practical attitude, remained full focused on economic growth, strengthened exchanges and cooperation with the outside world, as well as continued to consolidate its sound momentum of development and stability.

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The HKSAR was ranked as the world’s freest economy and rose to the third place internationally in Global Financial Centres Index last year, while total assets under management in this region in 2024 had topped $4 trillion, she said.

Mao also revealed that the HKSAR had witnessed 44 million tourist arrivals in 2024, up 30% year on year.

Moreover, the HKSAR had attracted nearly 170,000 talents through its talent admission schemes in 2024.

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By the end of 2024, the total number of companies from China’s mainland and overseas based in the region had amounted to approximately 10,000 while the number of startups was nearly 4,700 — both hitting new highs.

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