Chinanews.com, January 1 According to Hong Kong's "Ta Kung Pao", Hong Kong's business attractiveness has continued unabated, and statistics show that the total number of new local companies established in 16 will be 2023,13, the most since 22. It is worth noting that the number of non-local registrations has continued to grow, with a total of 2018 non-Hong Kong companies setting up new business locations in Hong Kong last year, an increase of about 960% compared with 2022. As at the end of last year, the total number of registered non-Hong Kong companies was 1,48, an increase of 2022% over the same period in 2. The data shows that despite the pandemic and the full return to normalcy, Hong Kong's attractiveness as an international financial centre has never faded. Scholars believe that the global economic momentum is in the general trend of "rising in the east and falling in the west", and Hong Kong will become the preferred market for global investors due to its unique advantages of connecting with the mainland and the world.
According to the latest 2023 statistics released by the Hong Kong Companies Registry, the total number of new local companies established in 2023 was 13,22, 2022% more than about 10,4 in 27 and a five-year high. After deregistration, dissolution and liquidation during the deduction period, the total number of local companies still registered on the Companies Register as at the end of last year was 143.2 million, up by 8.3% or 91,<> year-on-year.
The picture shows the appearance of the Hong Kong Stock Exchange. Photo by China News Service reporter Chen Yongnuo
As for non-local organisations, the HKSAR Government has been actively promoting Hong Kong's advantages to the outside world and actively seizing the effectiveness of its corporate strategies. The number of "new registrations" of non-local companies with offices in Hong Kong rebounded significantly last year, rising from 2022 in 874 to 2023 in 960, an increase of 9.8%, approaching the average of 2017,2021 to 1000,2000 in 14826-2022. After deducting deregistration, the total number of companies still on the register as at the end of last year was 14533,2, an increase of 02.<>% year-on-year from <>,<> at the end of <>.
Chan Fung-cheung, Adjunct Professor and Associate Director of the MBA Programme at City University of Hong Kong, said that many recent economic data show that Hong Kong has an attractive and competitive advantage. It is difficult for the global economy to reverse the trend of "rising in the east and falling in the west", and Hong Kong is expected to play an important role in this. He explained that the "east" in "rising in the east and falling in the west" refers to Southeast Asia, the Regional Comprehensive Economic Partnership (RCEP) countries and China, just as North America is centered on the United States and Europe is led by Germany, the center of the East is naturally China, the second largest economy. As an international financial centre, Hong Kong has always been supported by the state, and its laws, professional services and certifications are recognized by Western countries.