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Hong Kong is located at the center of the Asia-Pacific region, the most advantageous location which has the closest links to Asia and the world.


Strategically located at the heart of Asia Pacific, all of the region’s key markets are within 4 hours flight and half the world’s population is within 5 hours flight time. Hong Kong International Airport (Skytrax 5 Star) is the busiest in Asia Pacific with direct flights to over 155 international destinations. The journey time between city centre and airport takes 23 minutes on the Airport Express.

 

 

 

 

Free trade is the life-blood of Hong Kong. As a result, it is one of the most open, externally-orientated economies in the world. Hong Kong embraces globalization of trade and services and is an active participant in international organizations that promote such activities. Hong Kong's economy based on free enterprise, free trade, free market and externally opened. The free trade policy means Hong Kong maintains no barriers on trade. Thus, Hong Kong does not charge tariff on importation or exportation of goods. Import and export licensing is also kept to a minimum. Licensing is only imposed when there is a genuine need to fulfill obligations undertaken by Hong Kong to our trading partners, or to meet public health, safety or internal security needs.

 

World’s busiest international cargo airport
Hong Kong International Airport has been ranked the busiest airport for international cargo since 1996 by Airport Council International and has won many international awards. The airport is one of the most important aviation hubs for the Mainland, providing efficient and reliable air cargo services with the highest standards of safety and security. In 2008, Hong Kong International Airport handled over 3.6 million tonnes of freight. Air cargo accounted for 35% of the total value of Hong Kong’s external trade.

 

One of the world’s busiest container ports
Hong Kong has 9 container terminals with 24 berths and 8,530 metres of frontage. Hong Kong’s harbour can accommodate ships of up to 12,000 twenty-foot equivalent units (TEUs). It is the world’s 3rd busiest container port with over 100 international shipping lines connecting with over 5,000 destinations worldwide and around 230,000 vessels carrying 24 million TEUs per annum docking at Hong Kong port each year. Hong Kong currently handles 30% of China’s total trade cargo. According to the Study on Hong Kong Port – Master Plan 2020, Hong Kong’s container throughput is projected to reach nearly 28 million TEUs in 2010 and over 40 million TEUs in 2020.

 

Increased border traffic
An average 450,000 people and 42,000 vehicles crossed the Hong Kong – Mainland border by land each day in 2008, while more than 66,000 made the trip by ferry. Tens of thousands of people arrive and depart on around 200 daily flights between Hong Kong and 40 Mainland cities.