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Where Business Goes to Grow

Where Business Goes to Grow. Simon Galpin Director-General of Investment Promotion. All Companies Great and Small. Where Business Goes to Grow. Simon Galpin Director-General of Investment Promotion. All Companies Great and Small. Heart of Asia. Heart of Asia. 4hr. Most of Asia’s

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Where Business Goes to Grow

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  1. Where BusinessGoes to Grow Simon Galpin Director-General of Investment Promotion All Companies Great and Small

  2. Where BusinessGoes to Grow Simon Galpin Director-General of Investment Promotion All Companies Great and Small

  3. Heart of Asia

  4. Heart of Asia 4hr MostofAsia’s keymarkets within flighttime

  5. Proximity to China 4hr 5hr MostofAsia’s keymarkets within flighttime From half the world’s population

  6. Greater Pearl River Delta

  7. 7 One Country Two Systems

  8. 8 • VAT/GST/Sales tax • Capital Gains Tax • Withholding tax on investments • Estate duty • Global taxation • Wine duty Low and Simple Tax System NO

  9. World Class ICT – Connecting 2nd in Asia Cloud Readiness Index (Asia Cloud Computing Association, Sept 2011) 8th in the Global Innovation Index Report (INSEAD 2012) Mobile phone penetration rate >220% The safest place in Asia for setting up datacentres (Data Centre Risk Index, Cushman $ Wakefield, 2012) 6th most advanced ICT Economy (ITU Sept 2011)

  10. Human Capital - Quality Education x 2 x 48

  11. One of the Safest Cities in the World Source: Hong Kong Police 2011 Note: Rate per 100 000 population

  12. Business-to-Consumer Gateway to 3.37 million HNWIs in Asia-Pacificwith wealth totalling US$10.7 tn > North America HNWIs in Mainland China reached around562,400, or increased by 5.2% from last year Mainland China (including Hong Kong)overtook the US as the world’s largest marketfor art and antiques Among the 3.4 million HNWIs in Asia, 180,000are in Hong Kong(Asia-Pacific Wealth Report2012) 527,000 persons in Hong Kong held liquid assetsof more than HK$ 1 million(Citibank ConsumerWealth Survey 2011)

  13. Rapidly Growing Wealth in Asia Source: James Davies, Rodrigo Lluberas and Anthony Shorrocks, Credit Suisse Global Wealth Databook 2011

  14. +17% +5% +16% Source: Hong Kong Tourism Board Million Number of visitor arrivals Rest of the World Mainland China

  15. Total Retail Sales US$57 Billion +10% 84% 41% No. of Shops

  16. Springboard for MainlandCompanies 57% 47% 27% 18% 2000 2012 %ofmainlandcapitalisation %ofmainlandcompanies

  17. Foreign Direct Investment in 2011 7,250 companies of which 3,883 are RHQs and ROs Source: 2012 Annual survey, HKSAR Government’s Census & Statistics

  18. From Micro…

  19. Global Operations in Hong Kong

  20. ? What We Do?

  21. How InvestHK helps investors Networking events, introduction to service providers Facilitation of visa applications, schooling Information to aid planning and evaluation PR and marketing supportfor launch/expansion

  22. www.investhk.gov.hk

  23. Get in Touch For more information, please contact Tel: (852) 3107 1000 Email: enq@investhk.gov.hk 25/F, Fairmont House 8 Cotton Tree Drive Central, Hong Kong

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