 |
| No.4 August, 2011 |
|
| |
|
| |
Hong Kong seizes record high ranking as global FDI recipient |
|
| |
|
|
| |
 Hong Kong was the world's third largest recipient of Foreign Direct Investment (FDI) flows in 2010, according to the United Nations Conference on Trade and Development (UNCTAD)'s World Investment Report 2011 (WIR). This marks the first time that Hong Kong has gained third place in the global rankings, having jumped into fourth place in 2009 from ninth position in 2008.
For the 13th consecutive year, Hong Kong continued to be the second largest FDI recipient in Asia, after Mainland China. The all-time record of US$68.9 billion inflows to Hong Kong in 2010 represented a 31.5 per cent increase over 2009.
In terms of FDI stock, Hong Kong ranked the highest in Asia, enjoying a 30 per cent share, or a little over US$1 trillion in 2010. As a point of comparison, in 1990 Hong Kong's FDI stock was almost US$202 billion.
Looking ahead, the World Investment Report 2011 also provided a glimpse of global FDI trends. A five per cent rise in global inflows to US$1.2 trillion showed modest improvement in the wake of the global financial crisis. One other feature of the WIR 2011 was that developing and transition economies attracted the lion's share of global FDI inflows. Mainland China, Hong Kong, Brazil, Russia, Singapore, Saudi Arabia, India, Mexico, Chile and Indonesia together accounted for 32 per cent of total FDI inflows in 2010.
Director-General of Investment Promotion, Mr Simon Galpin said, "Hong Kong's status within the global economy is reflected in its record high ranking as the third largest recipient of global FDI flows. With Hong Kong positioned at the heart of Asia and as the gateway to China, it is clearly benefiting from the shift in economic interest to the East."
|
|
| |
|
|
|
| |
 |
|
|
| |
|
|
|
| |
|
|
|
|
|
