About Hong Kong
Situated at the southeastern tip of China, Hong Kong is ideally positioned at the centre of rapidly developing East Asia. With a total area of 1 103 square kilometres, it covers Hong Kong Island, the Kowloon peninsula just opposite, and the New Territories the more rural section of Hong Kong, which also includes 262 outlying islands.
Hong Kong's population was about 6.8 million at the end of 2003 and has a large foreign population of about 523 880.
Chinese and English are the official languages. English is widely used in the Government, the legal system and by the professional and business sectors.
Hong Kong's climate is sub-tropical, tending towards the temperate for nearly half the year. Temperatures can drop below 10 degrees Celsius in winter and exceed 31 degrees Celsius in summer.
Major International Trading Centre
Hong Kong is the world's 11th largest trading economy, the world's 6th largest foreign exchange market, the world's 12th largest banking centre, and Asia's 2nd biggest stock market.
International Corporate Base
More than 3200 international corporations have established regional headquarters or offices in Hong Kong. The major types of business carried on by the regional headquarters include the wholesale/retail and import/export trades, finance and banking, manufacturing and transport and related services.
Free Trade and Free Market
Hong Kong advocates and practises free trade ¡X a free and liberal investment regime, the absence of trade barriers, no discrimination against overseas investors, freedom of capital movement, well established rule of law, transparent regulations, and low and predictable taxation.