Hong Kong has achieved a historic milestone with over 1.5 million local companies and 15,000 non-local enterprises registered as of July 2024, according to John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR). The figures underscore the city’s enduring appeal as a global business hub amid shifting economic landscapes.
Investment Momentum From January 2023 to July 2025, Invest Hong Kong facilitated 1,333 enterprises in establishing or expanding operations, attracting HK$174 billion ($22.17 billion) in first-year direct investment and generating 19,000+ jobs. Lee emphasized the city’s “dual-platform” role, bridging foreign investors with opportunities in the Chinese mainland while helping mainland firms access overseas markets.
Strategic Advantages Lee highlighted Hong Kong’s stable consumer market and innovative potential, noting its capacity to serve as a testing ground for overseas companies eyeing expansion into the Chinese mainland. “Integration of online and offline strategies will be key to meeting evolving market preferences,” he added.
Global Collaboration The HKSAR government has intensified partnerships with businesses in Hong Kong and the Chinese mainland to explore markets in the Middle East and ASEAN countries. Future efforts will focus on developing emerging markets to diversify investment portfolios and mitigate geopolitical risks.
