Press Release
Hong Kong ranked the world’s freest economy again
The Hong Kong Special Administrative Region (HKSAR)
Government welcomes the Heritage Foundation's ranking of Hong Kong as
the world's freest economy for the 21st consecutive year.
A Government spokesman said, "We are committed to the free
market principles which are the foundation of Hong Kong's sustained
economic stability, growth and prosperity. We are pleased to see that our
efforts to maintain Hong Kong's economic freedom have been reaffirmed
internationally for 21 years in a row."
Among the 10 Economic Freedom Components measured in the
Index of Economic Freedom Report, Hong Kong continued to achieve top
position in business freedom, trade freedom and financial freedom,
received the second top score in investment freedom, and saw slight
improvement in the scores for fiscal freedom and labour freedom.
The Heritage Foundation recognised Hong Kong's efficient and
transparent regulatory framework, low and simple taxation and
sophisticated capital markets, as well as our status as the most convenient
platform for international companies doing business on the Mainland. The
Foundation said the Hong Kong economy's impressive level of resilience
had enabled the city to navigate global economic swings and domestic
shocks.
In this regard, the Government spokesman said, "The Government
will continue to uphold our fine tradition of the rule of law, a clean society
with a level playing field, an efficient public sector, and a simple tax
regime with low tax rates. We will safeguard our free market principles
along with our fellow citizens, and maintain Hong Kong's status as an
international city."
The 2015 Index of Economic Freedom Report was released
by the Heritage Foundation on January 27 in Washington DC, where it is
headquartered. The report ranks the degree of economic freedom in 178
economies around the world. The 10 factors assessed are business freedom,
trade freedom, fiscal freedom, government spending, monetary freedom,
investment freedom, financial freedom, property rights, freedom from
corruption and labour freedom.
Hong Kong has been ranked the world's freest economy for 21
consecutive years since the index was first published in 1995.
Hong Kong Economic and
Trade Office, Berlin
Address:
Jaegerstrasse 33, 10117 Berlin
Telephone:
+49 (0) 30 22 66 77 242
Fax:
+49 (0) 30 22 66 77 288
E-mail:
[email protected]
Website:
www.hketoberlin.gov.hk
Link to HF’s 2015
http://www.heritage.org/index/
Index
of
Economic
Freedom:
About Hong Kong Economic and Trade Office, Berlin
HKETO Berlin is the official HKSAR Government representative in
commercial relations and other economic and trade matters in Austria, the
Czech Republic, Germany, Hungary, Poland, the Slovak Republic,
Slovenia and Switzerland.
Contact
Kilian Becker
Head, Public Relations
Hong Kong Economic and Trade Office, Berlin
Tel: +49 (0) 30 22 66 77 24 2
Fax: +49 (0)30 22 66 77 28 8
E-mail: [email protected]
HKETO, Berlin
28 January 2015
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