At the end of last year, the position of Hong Kong's direct investment liabilities increased by 8.0% from a year earlier to $11.3467 trillion, the Census & Statistics Department announced today. Its ratio to GDP stood at 534%.
The British Virgin Islands was the most important source of inward direct investment, with a share of 33.7%. The Mainland was second at 31.9%
The position of Hong Kong's direct investment assets increased by 6.2% over the same period to $10.4835 trillion. Its ratio to GDP was 493%.
The Mainland was the most important investment destination for outward direct investment, with a share of 41.1%. The British Virgin Islands accounted for 39.1%.
The total direct investment inflow in 2013 rose to $596.1 billion year on year, while outflow dropped to $646.3 billion over the same period, accounting for a net outflow of $50.3 billion.
The British Virgin Islands was a major source of direct investment inflow, amounting to $341.9 billion; while the Mainland accounted for $46.6 billion.
The Mainland also accounted for a predominant share of Hong Kong's direct investment outflow at $396.9 billion.
A department spokesman said direct investment inflow and positions of direct investment liabilities and assets grew year on year, reflecting an improvement in the global investment climate.
The positions of direct investment liabilities and assets remained large relative to the size of the economy, showing Hong Kong's competitive strength as an international financial and business centre.
The Mainland continued to feature prominently in Hong Kong's external direct investment, both as a source and as a destination, showing Hong Kong as an ideal platform for Mainland companies to go global and large multinationals to expand their business in the Mainland.
