Since the UK government handover to China in 1997, Hong Kong has become a Special Administrative Region (SAR) of China and includes Hong Kong Island, the New Territories and over 200 smaller islands. It has a population of 7.01 million (2009) crammed into a space of around 429 square miles.
Why Export to Hong Kong?
There are few, if any, better business markets for UK exporters, who want a presence in the Far East, than Hong Kong. Hong Kong is already number 15 on the list of the UK’s top trading partners (Exports General Trade) with an export value of £1,181 (millions) in the 3rd quarter of 2010. It is currently ranked the world’s 12th largest trading economy and 7th in the world in terms of GDP (per capita).
Hong Kong – the World’s Freest Economy
UK Trade and Investment (UKTI) also remind potential exporters to Hong Kong that it has been,"Ranked as the world’s freest economy in the Wall Street Journal and Heritage Index of Economic Freedom for 15 consecutive years.”
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