Jun Kristi Shalla Head, Investment Promotion. Copyright Invest Hong Kong, HKSAR

Transcription

1 Jun 2017 Kristi Shalla Head, Investment Promotion Copyright Invest Hong Kong, HKSAR

2 GLOBAL SUPER CONNECTOR 340 container services per week shipping services connect to 470 destinations worldwide 4hrs Most of Asia s key markets within four hours flight time Hong Kong 5hrs From half the world s population

3 The Belt and Road Europe The Mediterranean Central Asia and West Asia Asia Access to half of the world s population within Africa South Asia Hong Kong 5 Hours flying time Indian Ocean Southeast Asia This map is for reference only, actual routes and regions covered may vary

4 BRI Overview About 31% of global GDP in 2016 About 62% of the world s population in 2016 Five Cooperation Priorities: Promoting People-topeople exchanges and friendly cooperation Financial Integration People-to- People Bond Promoting intergovernmental and building a mechanism for policy exchange and communication Policy Coordination About 33% of the World s total merchandise trade in 2016 source: 2017 Big Data Report of Trade Cooperation under the Belt and Road Initiative Deepening financial cooperation and promoting financial system development Unimpeded Trade Removing Investment and trade barriers, and creating a sound business environment Facilities Connectivity Strengthening infrastructure planning and construction, and achieving facilities connectivity

5 Hong Kong A Key Link for the Belt and Road World's largest offshore Renminbi business hub Asian Infrastructure Investment Bank (AIIB) Infrastructure Financing Facilitation Office (IFFO)

6 Loans and advances for shipping in Hong Kong (HK$ million) 120, ,000 80,000 60,000 40,000 20,000 0 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar 14 Mar 15 Mar 16 Mar 17 Source: HKMA

7 Comparison of Financial Markets Hong Kong Shanghai Shenzhen Singapore Tokyo Stock market capitalisation (Mar 2017) US$3,505 Billion US$4,419 Billion US$3,412 Billion US$717 Billion US$5,197 Billion No. of listed companies (Mar 2017) No. of foreign banks (Apr 2017) No. of foreign insurers (Mar 2017) No. of Exchange-traded Funds (Mar 2017) Note: The above data complied by InvestHK is intended to be used solely as a guide. InvestHK does not warrant, nor does it accept any responsibility for, the accuracy or completeness of these data. Sources: CBRC, CIRC, HKMA, OCI and FSTB

8 Reputable Shipping Register and Global Maritime Center Hong Kong Shipping Register ranked fourth in the world Hong Kong-flagged ships enjoy preferential taxation arrangement in Chinese ports Vibrant maritime cluster of some 800 companies The large community of Hong Kong shipowners provides ample opportunities for the sustainable growth of the maritime clusters

9 Corporate Treasury Centre Source: HKMA

10 Ideal location for enterprises to manage cash pool for Belt & Road Tax considerations Other pull factors Reduced corporate tax rate at 8.25% 37 Comprehensive Double Taxation Agreements (CDTAs) concluded No VAT/GSTs No withholding tax on investments Dynamic financial factor Mature banking system First and largest offshore RMB platform and RMB liquidity Proximity to Mainland China Shenzhen-Hong Kong Stock Connect launched on 5 Dec 2016 HK- Shanghai Stock Connect Programme First choice for Mainland Enterprises

11 The Greatest Infrastructure Initiative Examples of Participations in Projects in B&R Countries Jinnah Photovoltaic Industrial Park (Pakistan) Port of Alexandria (Egypt) Piraeus Port (Greece)

12 Hong Kong Maritime and Port Board A high-level platform for the Government to work closely with the industry to set the direction for: the long-term development of Hong Kong's port and maritime services foster the development of maritime manpower, and devise strategies and initiatives to enhance Hong Kong's status as an international maritime centre HK Maritime Week 2017 will be held on 19 to 26 November

13 Introduction to regulators and service providers HOW WE CAN HELP Facilitation of visa applications, schooling PR and marketing support for launch/ expansion Information to aid planning and evaluation

14 GET IN TOUCH Kristi Shalla Head, Investment Promotion Tel: (Ext 213) East 54th Street, 5th Floor, New York NY 10022, USA #InvestHK Disclaimer: The information complied by InvestHK is intended to be used solely as a guide. InvestHK does not warrant, nor does it accept any responsibility for the accuracy or completeness of the data. Copyright Invest Hong Kong, HKSAR