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

The Hon Mrs Laura M Cha
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 19 ranked Hong Kong among the top four global financial centres, together with London, New York and Singapore. For the past 22 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. The city’s high living standards, quality of life and environment are frequently ranked among the most attractive in Asia for professionals from outside Hong Kong.

The Homepage is designed to provide you with an overview of our organisation and activities. I hope you will find useful information about the Financial Services Development Council (FSDC) and Hong Kong financial services sector, which is a key industry directly contributing to 17% of the city’s Gross Domestic Product.

Your suggestions and comments are most welcome.

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

The Hon Mrs Laura M Cha
GBS, JP


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