Due to its geography and special history, Hong Kong has a significant influence internationally. Meanwhile, the superior business environment attracts massive investors to set up business in Hong Kong.
International Commercial and Financial Center
According to the report of newly issued "Global Financial Centre Index", Hong Kong has already ranked as third biggest financial center of the world, only to London and New York. At present, Hong Kong, gathering the bank organizations from all over the world, becomes the 15th largest banking centre in global and third largest banking center in Asia. Top 100 banks in Global, 69 of them have already set up the branches in Hong Kong, which composes the huge financial network with local financial institutions.
At the same time, with the releasing of bluebook of Chinese most competitive cities,company foramtion hong kong, Hong Kong, Shanghai and Beijing took the top three in comprehensive competitiveness. However, regarding to the competitiveness of financial capital, opening up economic structure, human capital, management capacity of government and ecological environment, Hong Kong retained its first place in all these aspects.
Thus, enterprises can take avail of the superiority of Hong Kong, set up Hong Kong companies to enjoy the international resources and develop international business. The statistic revealed that there were 3638 global companies set up their head office or office in Hong Kong at the end of June 2010. The number of setting up head office in Hong Kong was increased to 1285 by companies from different countries. According to the published "2010 World Investment Report" of United Nations Conference on Trade and Development, the amount of foreign direct investment to Hong Kong ranked second only to China Mainland, the second place of Asia abd jumping to fourth place globally.