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HK 2nd in attracting investment

June 25, 2015

For the first time, Hong Kong ranked second in global foreign direct investment (FDI) inflows last year in the United Nations Conference on Trade & Development's World Investment Report.


Hong Kong received US$103 billion in investments last year, a year-on-year increase of 39%, placing it second only to the Mainland (US$129 billion) and ahead of the US (US$92 billion), the UK (US$72 billion) and Singapore (US$68 billion) globally.


With US$92 billion, Hong Kong also ranks second in terms of FDI outflows, after the US (US$337 billion) and ahead of the Mainland (US$116 billion), Japan (US$1114 billion) and Germany (US$112 billion).


Secretary for Commerce & Economic Development Gregory So today said the result highlights Hong Kong's role as a super-connector and a conduit for direct investment, adding that it reflects international investors' affirmation of the city's investment policy.


Director-General of Investment Promotion Simon Galpin was also encouraged by the numbers and noted that foreign investors use Hong Kong as a base to invest in the rest of China and the region, while Mainland companies increasingly use Hong Kong as a platform to make global investments and acquisitions.