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The Hon Mrs Laura M Cha<br />
GBM, GBS, JP

The Hon Mrs Laura M Cha
GBM, GBS, JP

Chairman's welcome message

Hong Kong is Asia’s premier international financial centre. Hong Kong’s position is highlighted by various international ranking reports. The Global Financial Centres Index 22 ranked Hong Kong among the top three global financial centres, together with London and New York. For the past 23 years, the Washington based Heritage Foundation and Canada’s Fraser Institute have rated Hong Kong the world’s freest economy which pays tribute to the city’s commitment to free trade and open markets, and the elimination of barriers to trade and investment.

Hong Kong has an integrated network of institutions and markets, providing a wide range of financial products and services with a high degree of liquidity to local and international investors. There is a strong emphasis on the rule of law and fair market, and a simple and transparent taxation system. There are no barriers to market access to the foreign businesses and no restrictions on capital flows into and out of the city.

Hong Kong is also strategically positioned as China’s global financial centre, with a unique connection between the vibrant Mainland economy and a world-class business environment. It is the only place in the world where the global advantage and China advantage converge in one city. Amongst other strengths, Hong Kong continues to rank top globally in terms of the volume of offshore Renminbi business.

This Website is designed to provide you with an overview of the Financial Services Development Council (FSDC).  It also contains useful information of the FSDC’s activities in relation to the Hong Kong financial services industry, which is a key driving force for the city’s steady economic growth, contributing 18% of the Gross Domestic Product.

Your suggestions and comments are most welcome.

The Hon Mrs Laura M Cha<br />
GBM, GBS, JP

The Hon Mrs Laura M Cha
GBM, GBS, JP


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