At the heart of Asia, with world-class infrastructure and a business-friendly environment, Hong Kong is one of the world’s top financial centres.
According to the 2024 report, Hong Kong has risen to 3rd place globally and 1st in the Asia-Pacific region in the Global Financial Centres Index. In the FinTech sector, Hong Kong has entered the top 10, securing 9th place, solidifying its position as a leading global financial centre.
In today's ever-evolving market, professionals and small to medium-sized enterprises (SMEs) in Hong Kong must stay ahead of market trends to remain competitive. Understanding these trends helps both individuals and businesses develop in-demand skills and seize the right opportunities. Fortunately, Hong Kong provides resources for gaining market insights, which are crucial for making informed career decisions and driving business growth.
Hong Kong’s cultural scene has been flourishing — in 2024 alone, the city is set to host 210 mega events, showcasing its diverse artistic offerings. Among the standout events are the Doraemon Drone Show, a spectacular fusion of technology and popular culture, and A Path to Glory – Jin Yong’s Centennial Memorial, Sculpted by Ren Zhe, an immersive experience offering multilingual audio guides and augmented reality technology. With a growing emphasis on the arts and creative industries in the city, Hong Kong
The Hong Kong job market has seen a shift in recent years, with companies looking to hire younger professionals to fill mid- and senior-level positions as experienced candidates depart. Additionally, as shown in an industry study 54.5% of Hong Kong companies were confident in hiring candidates with the required skills over the next 12 months, and were actively shaping their workforce strategies to adapt to the evolving economic landscape.
Often regarded as the heart of Asia and the gateway to the rest of China, Hong Kong thrives on both close financial integration with the Mainland, and an expansive financial network with the rest of the world built on business-friendly practices, a well-maintained legal system, a simple and competitive tax regime, free movement of capital, a large pool of local and overseas talents, and a perpetually flourishing financial sector.
Through the decades, Hong Kong's reputation as an international hub for legal and resolution services has remained distinguished. Under the "One Country, Two Systems" framework, Hong Kong is the only city in China adopting a common law legal system as of today. Hong Kong is also the only city in the world that has a truly bilingual (English and Chinese) common law system.
Looking for the right place to bring your entrepreneurial vision into reality? Hong Kong has always been an entrepreneur’s haven, facilitated by a strongly ingrained startup culture, business-friendly policies and supporting measures. According to InvestHK’s 2023 Startup Survey, the number of startups and their number of staff employed have reached a new record high, with a total of 4,257 startups across a diverse range of industries employing 16,453 staff.
As one of the leading international financial centres, Hong Kong has long served as a key global gateway to the world's second largest economy. Accounting for 23.4% of the city's GDP and providing around 276,200 jobs alone in 2022, the financial services sector remains one of the city's most important economic pillars today, and will be so for the foreseeable future to come.
Hong Kong’s start-up ecosystem has proved attractive to many entrepreneurs, and initiatives such as StartmeupHK help fledgling businesses from overseas set up or expand in the city by making introductions and hosting networking events. Government initiatives additionally include incubation and accelerator programmes, including the FinTech Innovation Lab Asia-Pacific and SOW Asia’s i2i (“Incubation to Investment”) programme, Hong Kong’s first accelerator built exclusively for social enterprises. There are
Hong Kong invests heavily in its infrastructure to boost connectivity locally and globally. The city ranked third globally for quality of infrastructure in the World Economic Forum’s Global Competitiveness Report 2019. Demonstrating its continued commitment to infrastructure development, the 2022/23 budget allocated HK$84.1 billion in capital works (around 10.4% of the total budget) towards building an even better infrastructure for Hong Kong.
As part of its commitment to building a world-renowned Smart Hong Kong, the Government is implementing initiatives to enhance the city's liveability, economic strength, and technological advancement. These efforts range from expanding free public Wi-Fi coverage to developing more cycle paths, all aimed at creating a smarter, more connected urban environment.
One factor everyone looking to relocate abroad will consider is rebuilding their social circle, be that buddies for after-work drinks to other parents you can share playdates with. After all, uprooting your life and relocating to a new city where the primary language is not English can be intimidating.
As an international centre for finance, commerce and trade, Hong Kong is a major hub for investment, transport and logistics. The city was recently recognised as one of the world's most competitive economies by the International Institute for Management Development (IMD) World Competitive Yearbook 2022, which ranked Hong Kong 5th out of 63 economies.
Starting anew abroad is as much a bet on the destination's future as it is on one's own ability to adapt and thrive. Rest assured that in Hong Kong, your future is in good hands.
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