[216] the town has the 2nd-highest amount of corporate headquarters from the Asia-Pacific region.[217] Hong Kong is really a gateway for international immediate financial commitment in China, giving buyers open up access to mainland Chinese marketplaces via immediate hyperlinks Using the Shanghai and Shenzhen inventory exchanges. The territory was the initial sector outdoors mainland China for renminbi-denominated bonds, and is one of the greatest hubs for offshore renminbi buying and selling.[218]
As the mainland liberalised its economic climate, Hong Kong's shipping and delivery business faced powerful Competitiveness from other Chinese ports. Fifty for every cent of China's trade products were routed through Hong Kong in 1997, dropping to about thirteen per cent by 2015.[216] The territory's nominal taxation, prevalent legislation procedure, and civil service draw in overseas firms wishing to establish a existence in Asia.
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The name on the territory, 1st romanised as "He-Ong-Kong" in 1780,[35] originally referred to a small inlet located in between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was an Preliminary level of Speak to concerning British sailors and native fishermen.[36] Although the source of the romanised name is unfamiliar, it is usually believed being an early phonetic rendering of the Cantonese pronunciation hēung góng. The identify interprets as "fragrant harbour" or "incense harbour".
*We Display screen best occupations by gender to keep up their historic precision through periods when Adult men and girls usually carried out distinctive Work opportunities.