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Hong Kong is located at the center of the Asia-Pacific region, the most advantageous location which has the closest links to Asia and the world.


Strategically located at the heart of Asia Pacific, all of the region’s key markets are within 4 hours flight and half the world’s population is within 5 hours flight time. Hong Kong International Airport (Skytrax 5 Star) is the busiest in Asia Pacific with direct flights to over 155 international destinations. The journey time between city centre and airport takes 23 minutes on the Airport Express.

 

 

 

 

Free trade is the life-blood of Hong Kong. As a result, it is one of the most open, externally-orientated economies in the world. Hong Kong embraces globalization of trade and services and is an active participant in international organizations that promote such activities. Hong Kong's economy based on free enterprise, free trade, free market and externally opened. The free trade policy means Hong Kong maintains no barriers on trade. Thus, Hong Kong does not charge tariff on importation or exportation of goods. Import and export licensing is also kept to a minimum. Licensing is only imposed when there is a genuine need to fulfill obligations undertaken by Hong Kong to our trading partners, or to meet public health, safety or internal security needs.

 

World’s busiest international cargo airport
Hong Kong International Airport has been ranked the busiest airport for international cargo since 1996 by Airport Council International and has won many international awards. The airport is one of the most important aviation hubs for the Mainland, providing efficient and reliable air cargo services with the highest standards of safety and security. In 2022, HKIA handled 4.2 million tonnes of total cargo throughput, which accounted for about 48%,of the total value of Hong Kong's external trade.

 

One of the world’s busiest container ports
Hong Kong is one of the busiest and most efficient international container ports in the world. It handled nearly 17 million TEUs of containers in 2022. The port provided over 240 international container liner services per week connecting to over 460 destinations worldwide. The locations of the major port facilities, including container terminals, the river trade terminal, mid-stream sites, public cargo working areas (PCWAs) and supporting facilities (e.g. shipyards and typhoon shelters) are shown in the above plan. In 2022, the Kwai Chung-Tsing Yi Container Terminals handled around 12.9 million TEUs, representing about77% of the port container throughput. The remaining 23% was handled at mid-stream sites, the river trade terminal, PCWAs, buoys and anchorages, and other wharves.

 

Increased border traffic
An average 650,000 people and 44,000 vehicles crossed the Hong Kong – Mainland border by land each day in 3rd quarter of 2023, while more than 24,000 made the trip by ferry. Tens of thousands of people arrive and depart on around 200 daily flights between Hong Kong and 40 Mainland cities.