Hong Kong continues to attract international business, says report

Not all doom in the SAR as foreign companies continue to set up offices.

Despite increasing pessimism among locals in Hong Kong, it still holds considerable appeal for foreign companies looking to set up regional operations in the SAR, according to the results of the Census and Statistics Department's 2001 annual survey of regional offices representing overseas companies.

The survey says that on June 1, there were a total of 3,237 regional operations, a 7% increase on the 3,001 recorded at the same point last year and also a record high since the survey was first conducted eleven years ago.

Of the total, the number of regional headquarters rose from 855 to 944, also the highest ever.

Mike Rowse, director-general of investment promotion at InvestHK รป the...

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