Hong Kong Investment Promotion Agency: In 2024, foreign investment results reached a historical high, demonstrating Hong Kong's advantages as a commercial hub.

On January 20, the Hong Kong Investment Promotion Bureau announced that it had achieved a historic high in investment attraction in 2024, assisting a total of 539 overseas and mainland companies in setting up or expanding their businesses in Hong Kong, a sharp increase of over 41% compared to 2023. This reflects Hong Kong's position as a leading business hub in Asia with undiminished business attractiveness. Investment in diverse and high-end industries has driven strong performance in foreign direct investment. It is estimated that these companies have brought over HK$67.7 billion in investment to the Hong Kong economy, a growth of approximately 10% from the previous year and a new high. It is expected that in the first year of operation, these companies will create 6,864 new job positions in Hong Kong, a growth of over 67% from the previous year. Liu Kaixuan, Director of the Hong Kong Investment Promotion Bureau, pointed out that the achievements of the Bureau in 2024 reflect the confidence that overseas and mainland Chinese companies have in Hong Kong, choosing it as their base for expanding their businesses in the Asian region. Hong Kong's role as a "super connector" and "super value-adding partner" uniquely benefits these companies. In addition, since the launch of the "Capital Investment Entrant Scheme" managed by the Hong Kong Investment Promotion Bureau in March 2024, there have been over 800 applications received by the end of the year, bringing in approximately HK$24 billion in investment to Hong Kong. With the optimization measures of the scheme taking effect in March this year, it is expected that the number of applicants will further increase. Liu Kaixuan stated that 2024 was a proud year for the Hong Kong Investment Promotion Bureau. In the face of the complex and ever-changing global economic environment, the Bureau's assistance to companies has achieved new highs in terms of numbers and direct investment brought to Hong Kong, demonstrating Hong Kong's resilience and adaptability as the preferred business base for expanding regional businesses. In 2025, the Bureau will encourage companies to deepen and broaden their operations in Hong Kong, not only in sales and services, but also in research and development, financial management, procurement and trade supply chains, regional headquarters management, listing, or debt issuance in Hong Kong. Looking ahead, the Hong Kong Investment Promotion Bureau will prioritize introducing companies that can bring substantial economic benefits and quality investment to Hong Kong. The Bureau will also focus on introducing emerging industries to traditional markets, supporting the development of advantageous industries such as culture, creativity, and technology, such as ShenZhen New Industries Biomedical Engineering. At the same time, it will actively explore emerging markets, further strengthen promotion efforts in Belt and Road countries, especially the Association of Southeast Asian Nations and Eastern Europe, assisting local companies in expanding their businesses in the region through Hong Kong.