Chairman's welcome message | Financial Services Development Council, Hong Kong



Mr Laurence Li Lu-jen

Mr Laurence Li Lu-jen

Chairman's welcome message

Hong Kong is Asia’s premier international financial centre. The Global Financial Centres Index 23 ranked Hong Kong as the top three global financial centres, together with London and New York. For the past 24 years, the Washington based Heritage Foundation has 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. 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 contains not only the useful information of the FSDC’s activities in relation to the Hong Kong financial services industry, but also  the FSDC’s publications on a wide spectrum of topics related to the industry – such as the recent reports on digital identity and “know-your-client” utilities as well as maritime leasing. Going forward, the Government has the plan to incorporate the FSDC as a company limited by guarantee – to enhance its operational efficiency and flexibility, and ultimately to contribute further to the development of the industry.

Your suggestions and comments are most welcome.

Mr Laurence Li Lu-jen

Mr Laurence Li Lu-jen

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