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Speaking at a press conference to announce the findings of the 1995 Survey of Regional Representation by Overseas Companies in Hong Kong, Mrs Ip said the survey identified 2,068 regional operations by overseas companies in Hong Kong. They included 782 regional headquarters and 1,286 regional offices in Hong Kong.
In last year's survey, 714 regional headquarters and 1,132 regional offices of overseas companies were identified in Hong Kong.
The United States had the largest number of regional headquarters in Hong Kong, with 198 companies, followed by Japan (116 companies) and the United Kingdom (94 companies). The major lines of business of these regional headquarters included trading and distribution, manufacturing, finance and banking, and transport and related services.
As regards regional offices, the survey showed that Japan had the largest number, with a total of 303. The United States (228 companies) was next, followed by the United Kingdom (132 companies) and China (81 companies). Trading and distribution were the most common economic activities pursued by regional offices in Hong Kong, followed by finance and banking, manufacturing, and transport and related services.
On the perception of Hong Kong as a regional centre, more than 90 per cent of the respondents considered banking and financial facilities to be the most important and favourable factors. Other important and favourable factors included Hong Kong's infrastructure, regional location, availability of managerial, professional and technical skills, and government economic policy.
About 70 per cent of the respondents considered that, compared with last year, the overall attractiveness of Hong Kong as a regional representation centre had improved or had been satisfactory.
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