Source: CIA World Factbook

Under the “One Country, Two System” concept negotiated between China and the UK, Hong Kong controls all aspects of its governance, except foreign affairs and defense matters. Consistently voted as the world’s freest economy, Hong Kong boasts such strengths as sound legal and banking systems, an efficient capital market, strongly enforced anti-corruption laws, and one of the lowest business tax rates in the world.

Over the last decades, Hong Kong-based firms have been instrumental in supporting Asia’s major growth areas with capital, procurement, logistical services, management expertise and quality assurance. Partnering with these companies gives U.S. small- and medium-sized enterprises a faster and easier access to mainland markets through the CEPA free trade agreement. In fact, almost a quarter of the Chinese mainland’s foreign trade is handled through Hong Kong.

To gain valuable insights on how your company can benefit from Hong Kong’s unique business environment, please join us at the “Hong Kong: A Fulcrum for Business Success in Asia” on March 25, 2008. Among our experts are:

- Louis Ho, Director, Hong Kong Trade Development Council (New York, NY) “Overview of Hong Kong and Its Business Environment.”

- Rose Lee Askin, Senior Vice President, Commercial Banking, Citizens Bank (Boston, MA) “Hong Kong Banking System and How It Compares to That of China.”

- Vincent S. Capone, Partner, Reed Smith (Philadelphia, PA & Princeton, NJ) “Hong Kong Legal System Review.”

- Thomas DeMarino, Director Business Development, Ocean North America, IKEA Wholesale Inc. (Conshohocken, PA) “Sourcing from Hong Kong.”

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The Breakfast Briefing "Hong Kong: A Fulcrum for Business Success in Asia" is sponsored by Hong Kong Trade Development Council, Citizens Bank and Continental Airlines.

The WTCGP would like to thank the following organizations for their support of this program: New Jersey Commerce—Office of International Trade and Protocol Department; Southern New Jersey Development Council; U.S. Export Assistance Center, Trenton, NJ; The Marketing Difference and Greek-American Chamber of Commerce.

The WTCGP would like to thank the Hong Kong Trade Development Council for its assistance in preparation of this article.

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March 25, 2008 - "Hong Kong: A Fulcrum for Business Success in Asia" 

March 27, 2008 - Visit of PA ATRs for Russia and the Arabian Gulf

April 10, 2008 - Visit of PA ATRs for South Africa, Australia, and Canada

May 21, 2008 - WTC Day Dinner

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