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Doing Business in Hong Kong

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Syllabus of the Subject: Foreign Trade and Business in Hong Kong. Asian economic centre.

  1. Introduction to the Special Administrative Region of Hong Kong;
  2. Hong Kong: a gateway to China;
  3. Economy of Hong Kong;
  4. The Pearl River Delta;
  5. Hongkongese international trade
    1. China-Hong Kong Free Trade Agreement;
    2. Agreement on Closer Economic Partnership between New Zealand, Hong Kong, and China;
    3. Hong Kong China-New Zealand Free Trade Agreement.
  6. Foreign Direct Investment in Hong Kong
    1. Incorporate a company in Hong Kong.
  7. Case Study:
    1. Imaginarium in Hong Kong;
    2. Mango in Hong Kong.
  8. Access to the Hongkongese market;
  9. Business Plan for Hong Kong.

The objectives of the subject “International Trade and Business in the Special Administrative Region of Hong Kong” are the following:

  1. To analyze the Hongkongese Economy and Global Trade;
  2. To know the business opportunities in Hong Kong;
  3. To understand the importance of Hong Kong as a gateway to the Chinese market;
  4. To explore the Hongkongese trade relations with the country of the student;
  5. To examine the profile of Hongkongese companies;
  6. To develop a business plan for the Hongkongese market.

Online Education (Courses, Masters, Doctorate): Trade and Business in China

Global Trade and Business in Hong Kong:
China-Honk-Kong Closer Economic Partnership

Asia Online Masters, Doctorate (Global Business, Foreign Trade)

The Subject “Foreign Trade and Business in Hong Kong” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Course: Taoism, Confucianism & Business.

Doctorate: Asian Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Languages: Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Hong Kong Study, Course Master Doctorate in International Business in French Hong Kong Masters Foreign Trade in Portuguese Hong Kong.

  1. Credits of the subject “Foreign Trade and Business in Hong Kong”: 3 ECTS Credits;
  2. Duration: three weeks.

Masters and Doctorate in Global Business adapted to the Hong Kong, Masters, Doctorate, Courses, International Business, Foreign Trade Hongkongese Students.

Online Education (Course, Doctorate, Master): Taoism, Confucianism and Business

International Trade and Business in Hong Kong

Transport Corridors
  1. Access to the East-West Corridor (Myanmar-Vietnam);
  2. Access to the Nanning-Singapore Economic Corridor
    1. Pan-Beibu Gulf Economic Zone.

Nanning (China)-Singapore Economic Corridor, Road Transportation Course

Market Access - Free Trade Agreements. Online Education (Courses, Masters, Doctorate)

Preferential Access and Free Trade Agreements of Hong Kong

  1. APEC;
  2. Closer Economic Partnership Arrangement (CEPA);
  3. New Zealand-Hong Kong China Closer Economic Partnership;
  4. ASEAN-Hong Kong China Free Trade Agreement;
  5. Georgia-Hong Kong China Free Trade Agreement;
  6. Australia-Hong Kong China Free Trade Agreement;
  7. Macao-Hong Kong Free Trade Agreement;
  8. Chile-Hong Kong China Free Trade Agreement;
  9. EFTA-Hong Kong Free Trade Agreement.

Asia-Pacific Economic Cooperation APEC. Trade and Investment liberalization. Bogor Goals

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

Trade Facilitation Programs.

  1. WTO
    1. Agreement on Sanitary and Phytosanitary Measures;
    2. Agreement on Trade in Services (GATS);
    3. Agreement on Technical Barriers to Trade;
    4. Agreement on Preshipment Inspection;
    5. Agreement on Safeguards;
    6. Trade Facilitation Agreement.
  2. World Customs Organization (WCO)
    1. Revised Kyoto Convention.
  3. International Bureau of Containers and Intermodal Transport (BIC);
  4. Chicago Convention (ICAO);
  5. International Maritime Organization (IMO);
  6. Istanbul Convention;
  7. Customs Convention on Containers;
  8. International Chamber of Shipping (ICS).

Foreign Trade Facilitation. TFA Agreement. Customs. Payments. Global Supply Chain

Online Education (Courses, Masters, Doctorate): Asian Economic Institutions

Asian Trade and Economic Organizations:

  1. ESCAP;
  2. Asian Development Bank;
  3. PEEC
  4. Colombo Plan.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. UN
    1. UNCTAD;
    2. ITC;
    3. UNCITRAL;
    4. WIPO.
  2. WB;
  3. WTO;
  4. IMF.

Pan-Beibu Gulf Economic Zone, China, ASEAN, Brunei Philippines Indonesia

Hong Kong has a prime location at the geographical, financial, and economic centre of Asia.

  1. Business Executives in Hong Kong have fast and easy access to all the largest markets in the Asia-Pacific region;
  2. This strategic position is one of the main reasons for the popularity of Hong Kong as a location for regional operations;
  3. Executives can travel back and forth to Beijing, Shanghai, and other major Chinese cities in a single day while making their home in Hong Kong;
  4. Situated on the South-east coast of Mainland China, Hong Kong has a huge hinterland, which with 1.3 billion people is the largest single market in the world;
  5. Hong Kong is the largest source of the Foreign direct investment in Mainland China;
  6. 100 mainland companies are listed on the Hong Kong Stock Exchange;
  7. At least 1,800 Mainland-backed companies are incorporated in Hong Kong;
  8. There are twenty-six Chinese banks and seven representative offices operating in Hong Kong;
  9. Free trade is the vision of Hong Kong;
  10. HK is one of the most open, externally orientated economies in the World;
  11. The Heritage Foundation has consistently rated it as the freest economy in the World.

Special Administrative Region of Hong Kong

  1. The official languages of Hong Kong are English and Cantonese;
  2. Area of Hong Kong: 1,108 km²;
  3. Hongkongese population: 7.1 million people;
  4. Independence of Hong Kong from the UK in 1997;
  5. Currency: Hong Kong Dollar;
  6. Hongkongese GDP (nominal): 215,354 billion dollars;
    1. Agriculture: 0.1%;
    2. Industry: 9%;
    3. Services: 90.9%.
  7. GDP (PPP) of Hong Kong: 350 billion dollars;
  8. Inflation in Hong Kong: 2%;
  9. The main export destinations are China, the U.S., and Japan.

The Greater Pearl River Delta region, which consists of the Hong Kong Special Administrative Region, Macau Special Administrative Region, and the Pearl River Delta Economic development Zone part of Guangdong Province, has emerged as one of the most dynamic economic regions in the World.

The Closer Economic Partnership Arrangement (CEPA), which took effect in the beginning of 2004, provides to Hong Kong with additional and exclusive Mainland market access benefits. Thousands of international companies implicated in international trade with the People's Republic of China have chosen to set up their headquarters in Hong Kong.

Requisites for establishing a business in Hong Kong are famous for being simple and straight forward. You can set up a new company in six days, and it will cost you only a few hundred dollars.

The type of structure that is most appropriate will depend on tax issues, strategic plans, financial aspects, willingness to take on ongoing obligations and much more. Because of the complex and long-term impact of this decision; it is advisable to seek professional advice.

Most common forms of business for the foreign investors are:

  1. Private limited companies;
  2. Branch offices of foreign companies;
  3. Representative offices;
  4. Partnerships/sole proprietorships;
  5. Joint Ventures.
Main religions in Hong Kong: Buddhism, Confucianism, and Taoism

Buddhism and Global Business. Online Education (Courses, Masters, Doctorate)

The New Zealand-Hong Kong Agreement
New Zealand-Hong Kong Free Trade Agreement

(c) EENI Global Business School (1995-2023)
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