Hong Kong SAR Economic information
Hong Kong Special Administrative Region (SAR) is a special administrative region of the People's Republic of China. Hong Kong is considered one of the most important financial centers in the world. Here is the economic information of Hong Kong SAR: - Gross domestic product (GDP): In 2019, the GDP of Hong Kong SAR was recorded as 366.1 billion US dollars. This means that the average GDP growth rate is 0.6 percent. - Employment: The number of employees in Hong Kong SAR in 2019 was approximately
3.8 million. The unemployment rate was recorded as
3.3 percent. - Foreign trade: Hong Kong SAR is known as an important foreign trade center around the world. In 2019, the total foreign trade volume of Hong Kong SAR exceeded
1.1 trillion US dollars. While the majority of exports consisted of electronic products, clothing, watches and jewellery, the majority of imports were electronic products, textiles and clothing items, precious metals and petroleum products. - Financial sector: Hong Kong SAR is one of the world's leading financial centres. There are many international banks and financial institutions in the region. Additionally, the Hong Kong Stock Exchange is one of the largest stock exchanges in Asia. - Tourism: Hong Kong SAR is a world-class tourist attraction. Popular attractions in the city include Victoria Harbour, Peak Tram, Lan Kwai Fong, Disneyland and Ocean Park. The tourism sector makes a significant contribution to the economy of the region. - Innovation and technology: Hong Kong SAR has focused on the innovation and technology sectors in recent years. There are many technology companies and entrepreneurs in the region. Hong Kong SAR is also advancing areas such as artificial intelligence, fintech and biotechnology. - Independence: Hong Kong SAR's economy differs from other Chinese cities thanks to its special administrative status and independent legal and economic system. The region's economy is supported by factors such as free trade, low tax rates, strong financial sector and effective governance structure.
What are the types of companies in Hong Kong SAR?
What are the documents required to establish a Hong Kong SAR company?
Hong Kong SAR Economic information
How to get a Hong Kong SAR Residence permit?
How to get a Hong Kong SAR work permit?
Information on Hong Kong SAR Minimum wage and taxes.
Hong Kong SAR What are the most used websites?
Detailed information about Hong Kong SAR Training.
Hong Kong SAR salaries by professions
What is the breakfast culture in Hong Kong SAR?
What are the famous dishes of Hong Kong SAR?
What are Hong Kong SAR Drinks?
Best football players of Hong Kong SAR
Hong Kong SAR Football teams
Hong Kong SAR Artists
Largest companies in Hong Kong SAR
Hong Kong SAR Brands
Hong Kong SAR Most preferred car brand
Information about the Hong Kong SAR Healthcare system and insurance system.
Information about Hong Kong SAR Dances.
Information about Hong Kong SAR Festivals.
Hong Kong SAR Marriage information.
Information about Hong Kong SAR Women.
Information about Hong Kong SAR Men.
Hong Kong SAR Detailed information about religious beliefs.
Who are the Hong Kong SAR Statesmen?
What is the Hong Kong SAR form of government?
Hong Kong SAR Political parties
Hong Kong SAR How has fashion developed?
Hong Kong SAR Trading activities that can be carried out
Best universities in Hong Kong SAR
Best schools in Hong Kong SAR
What is the Hong Kong SAR Legal system like?
The biggest events in Hong Kong SAR History
Hong Kong SAR Most popular sports
Information about the Hong Kong SAR Military force and army structure.
Products exported by Hong Kong SAR
Hong Kong SAR Imported products
High-tech products produced in Hong Kong SAR
Wars involving Hong Kong SAR
Hong Kong SAR Friend and foe countries
Read: 27