Inward Investment in the Course of Industrial Development
Inward investment has always played a very important part in the growth and structural change of Hong Kong’s economy. In fact, the city’s economy owes its origin and present form to massive inflows of capital from different corners of the world. As already discussed, British traders first founded the entrepôt economy of Hong Kong in the nineteenth century, and Chinese capital and emigrant entrepreneurs from mainland China in the late 1940s and early 1950s helped to transform it form an entrepôt port to an industrial city. Today, the Hong Kong economy is still totally open to all forms of inward investment. Because of this, all its major economic sectors contain significant foreign interests.
KeywordsMigration Income Marketing Resid Conglomerate
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