Hong Kong enjoys the status and recognition throughout the world as one of the leading business centres. Its business infrastructure is well established, reliable and of international calibre so that players have confidence in dealing with Hong Kong. Information and currency flow freely and the Hong Kong dollar is stable and is pegged at a fixed rate to the US dollar.

As the white collar partner in the GPRD, Hong Kong’s capabilities in service provision are second to none. 87% of Hong Kong’s GDP is from the service sector therefore there is critical mass. Hong Kong’s almost 7 million population enjoys a GDP per capita of over USD23k therefore Hong Kong itself presents a lucrative consumer market opportunity in isolation.

Looking north of the Hong Kong border, the paddy fields of Shenzhen, Dongguan, Zhuhai and Zhongshan have been transformed into a production powerhouse manufacturing US$300million worth of goods in a day, every day of the year.

Many international leading brands have recognised the capabilities and strengths of this area for a production base – the plentiful and low cost land, the availability of reasonably priced and appropriately skilled labour and proximity to customers are the often quoted reasons for choosing the GPRD as a production base.

The almost 41 million population of the Mainland area of the GPRD are among the wealthiest in the Mainland. With GDP per capita of some USD5,705 domestic consumption is attractive.

In reality, most of the output from the GPRD is exported, hence its reputation for being the factory of the world. The GPRD’s accumulated strength as a transport and logistics hub is crucial to its success in this capacity.