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Commerce and Industry

InvestHK promotes the city's business advantages by organising investment promotion activities in the Mainland and key overseas markets, and by sponsoring important events which will bring FDI to Hong Kong. In 2020, it conducted programmes in 11 Mainland cities to showcase Hong Kong's significant role in the B&R Initiative and to promote its position as the ideal platform for Mainland companies to go global. InvestHK completed 79 investment projects from the Mainland in 2020, representing 25 per cent of its total number of completed projects.

Invest HK's StartmeupHK initiative aims to attract global start-ups to set up business in Hong Kong, promote the territory as a leading hub for start-ups and entrepreneurship, and support the development of the local start-up ecosystem. It hosted the week-long StartmeupHK Festival in July to promote innovation and technology, recording over 181,000 participants for its first. virtual event.

InvestHK's financial technology team helps overseas and Mainland fintech-related companies establish their presence in Hong Kong and organises international events, such as the annual flagship Hong Kong Fintech Week, which drew over 1.2 million viewers, more than 500 exhibitors and over 350 speakers from over 130 economies to its virtual iteration in November.

Industrial Policy

Leveraging Hong Kong's competitive edge, the government is proactive in developing a high value-added and diversified economy which embraces the development of new economic sectors. The government also encourages industry participation to capitalise on opportunities emerging from the B&R Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) development, in order to generate new impetus for the territory's economic development.

Small and Medium Enterprises

SMEs are manufacturing businesses that employ fewer than 100 people and non-manufacturing businesses with fewer than 50 employees in Hong Kong. There are more than 340,000 SMEs, representing over 98 per cent of all local enterprises and employing about 1.2 million people. The government's funding schemes help SMEs secure loans from lending institutions, expand export markets and enhance their competitiveness.

Protection of Intellectual Property Rights

Hong Kong maintains a robust regime for protecting intellectual property rights that features comprehensive legislation, convenient registration systems, rigorous enforcement and comprehensive public education programmes. This has earned Hong Kong a reputation for effective protection of intellectual property.

Registration

The Intellectual Property Department provides electronic registration and management services through the internet. Its e-registers allow free data searches in Chinese or English, while

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