The Chinese Special
Administrative Regions (SARs) of Hong Kong and Macau consist of over 230 islands
on either side of the Pearl River Delta in South China, and are surrounded by the
Chinese province of Guangdong to the north and the South China Sea to the west,
south and east. The People’s Republic of China (PRC) is responsiblefor Hong
Kong’s foreign affairs and defence.
Hong Kong is an exceptionally competitive financial
and business hub. It is the world’s eighth-largest trading economy and one of
Asia’s leading financial and business centres. With its regulatory efficiency
and openness to global commerce, it is an international financial centre that
acts as a conduit into and out of China for both goods and capital, and has been
ranked the freest economy in the world by the Heritage Foundation for 24
consecutive years, and is ranked fourth in the World Bank’s 2019 Ease of Doing
The economy of Macau SAR is reliant on casino gaming
and tourism. The majority of patrons are from Mainland China and Hong Kong SAR,
where casino gaming is illegal. The new Hong Kong-Zhuhai-Macau Bridge opened in
October 2018, providing quicker access to Hong Kong and its international
airport. This, together with the expansion of the Guangdong-Hong Kong-Macau
Greater Bay Area as a key part of Mainland China’s Belt and Road Initiative, are
ensuring the growth of Macau’s emerging industries, such as its prominent
convention and exhibition (MICE) sector, creative industry and finance sectors.
About the guides
The main objective of this Doing Business in
Hong Kong and Macau Guide is to provide you with basic knowledge about Hong Kong and Macau; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues.
We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point.
This FREE guide is available in 4 formats:
Available on the iTunes App Store and Google play