Hong Kong is firmly committed to an open market policy and its economy is highly externally oriented and dependent on trade with the rest of the world.It has become the world's eighth largest merchandise trading economy with local exports and imports in excess of US$310 million.
Hong Kong's largest trading partner is China, which constitutes some 35% of Hong Kong's external trade; followed by the USA and Japan.
It is also the world's tenth services trading economy with exports of services of some US$2 billion.
With its ideal geographical location, Hong Kong is also an important entrepot serving as a gateway between China and other economies in the world.
The Better Hong Kong Foundation.