Business Insider

Connecting decision makers to a dynamic community of information, individuals and ideas, Bloomberg rapidly and precisely delivers business and financial info, news and perception world wide. In January-September 2017, the value of retail sales, in nominal terms, increased by zero.9{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} yr-on-12 months, after the decline of 8.1{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} for 2016. Alternatively, the six industries which Hong Kong has clear advantages for additional development are cultural and artistic, medical providers, schooling companies, innovation and know-how, testing and certification providers and environmental industries, which collectively accounted for 8.9{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of GDP when it comes to value-added in 2015.

In December 2008, Hong Kong played host to the first Clinton Global Initiative international assembly outside the US. Kulbhushan Jadhav problem helps BJP, Congress bury the hatchet 28 Dec, 2017 06:08 AM ISTOne structured meeting between Leader of the House Arun Jaitley and Leader of Opposition Ghulam Nabi Azad earlier and subsequent casual conferences helped in breaking the deadlock.

In line with the Financial institution for International Settlements, Hong Kong is the second largest foreign alternate market in Asia and the fourth largest on the earth in 2016, with the net daily common turnover of foreign exchange transactions reaching US$437 billion. In line with the HKSAR Census and Statistics Department, the stock of Hong Kong’s inward funding from the Chinese language mainland amounted to US$419 billion at market worth or 26.5{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of the whole at the finish of 2015.

On the enhancement of bilateral ties, the Government will actively search to signal free trade agreements (FTAs), investment promotion and protection agreements (IPPAs) and comprehensive avoidance of double taxation agreements (DTAs) with other economies to open up markets and to further strengthen Hong Kong’s place as a world commerce, industrial and financial centre.

In January-October 2017, Hong Kong’s major export markets were the Chinese language mainland, the EU, the US, ASEAN, India and Japan, which respectively made up 54{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, eight.9{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, eight.6{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, 7.4{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, 4.1{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} and three.three{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} of Hong Kong’s total exports; modifications in exports to the above markets have been +9{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, +four.3{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, +0.four{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, +9.5{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, +35.1{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e} and +9.5{7143ab0b10b0ef05380a2e74f1246b61aba7befb98d321b1bd2bb7ed2177100e}, respectively.