Published on 24.08.2011

Hong Kong remains as Asia's business capital due to ties with China's mainland: official

Hong Kong keeps enjoying independent judiciary, political stability, low and simple tax regime, free market principles and clean business environment under the "one country, two systems" principle, and remains as Asia’s business capital due to ties with China's mainland, a senior Hong Kong trade official said here on Wednesday.

Fong Ngai, Director of Singapore-based Hong Kong Economic and Trade Office (HKETO) made the remarks at the Presidents' Luncheon of the Joint Foreign Chambers of Commerce Thailand that Hong Kong’s commitment to maintaining open markets and free trade was best reflected by its continued high scores in various business rankings by world leading consultancies, including the U.S. Heritage Foundation and Fraser Institute/Economic Freedom Network.

According to HKTDC