Hong Kong is the ideal offshore Renminbi (RMB) centre for overseas businesses wanting to boost their trade and investment ties with China, Hong Kong Monetary Authority (HKMA) Chief Executive Norman Chan said at the RMB Australasia Summit in Sydney (March 17).
Hong Kong's economy grew by 6.8 percent in real terms in 2010 but rising inflation loomed in 2011, the Financial Secretary John C. Tsang revealed in his 2011-12 Budget speech.
Mr. Tsang said the economy staged a full recovery at a faster pace than expected in 2010 thanks to the strong growth in the Mainland of China and Asia.
People wishing to incorporate companies in Hong Kong can now do so online, round-the-clock from anywhere in the world, with the launch of the Hong Kong Government Companies Registry's new electronic incorporation service and its 24-hour e-Registry portal.
