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Chart 3

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Commerce and Industry

Stock of Hong Kong's Inward Direct Investment at Market Value by Major Economic Activity of

Hong Kong Enterprise Groups at end-2018

Financing (except banking,

investment and holding companies)

2.8% ($431.7 billion)

Import/export, wholesale

and retail trades

9% ($1,376.7 billion)

Banking

11.8% ($1,816.9 billion)

Construction

2% ($308.2 billion)

Other activities

5% ($767.1 billion)

Investment and holding,

real estate, professional and business services

69.4% ($10,680 billion)

Institutional Framework

Commerce, Industry and Tourism Branch

The Commerce, Industry and Tourism Branch of the Commerce and Economic Development Bureau formulates and coordinates policies and strategies in relation to Hong Kong's external commercial relations, tourism, inward investment promotion, convention and exhibition services, intellectual property protection, industry and business support, trade facilitation, consumer protection, promotion of competition, postal services and meteorological services. It also sets the overall policy for the HKSAR's participation in the Belt and Road (B&R) Initiative and coordinates the work of the HKSAR Government on the initiative. The branch is assisted by the Trade and Industry Department, Invest Hong Kong, Customs and Excise Department, Intellectual Property Department, Hongkong Post and Hong Kong Observatory. It is also supported by overseas Hong Kong Economic and Trade Offices (ETOs).

Trade and Industry Department

The Trade and Industry Department handles the HKSAR's commercial relations with its trading. partners, and protects Hong Kong's trading rights and trade interests.

The department provides locally based trade and industry organisations and businesses with services, including issuing certificates of origin, import and export licences and certificates of Hong Kong service suppliers. It offers general support to various sectors, in particular small and medium enterprises (SMEs), and provides local enterprises with updated information on changes in major trading partners' trade-related laws and regulations as well as policies.

Invest Hong Kong

Invest Hong Kong (InvestHK) attracts and retains FDI that is of strategic importance to the territory's economic development. It supports overseas, Mainland and Taiwanese companies to set up and expand their operations in Hong Kong. Investment promotion activities are conducted worldwide through its 17 investment promotion units in overseas and Mainland ETOS, the Beijing Office and the Hong Kong Economic, Trade and Cultural Office in Taiwan, as well as its overseas consultants in another 13 strategic global locations.

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