3. Most of Asia’s key
markets within four
hours’ flight time
From half the
world’s population
Hong Kong
4hrs
5hrs
More than 100 airlines operate about 1,100 flights daily,
linking the Hong Kong International Airport to 190
destinations worldwide, including 47 Mainland cities
GLOBAL SUPER
CONNECTOR
The busiest air cargo airport in the world – 4.52 million
tonnes of cargo handled in 2016
(Airport Authority Hong Kong)
5. LOW & SIMPLE
TAX SYSTEM
• VAT/GST/Sales tax
• Capital Gains Tax
• Withholding tax on
investments
• Estate duty
• Global taxation
• Wine duty
HONG KONG
SINGAPORE
SHANGHAI*
Corporate Income
Personal Income
Employer Social
Security
Employee Social
Security
VAT
* There is no standard rate across the Mainland China. Shanghai is used as an example.
Hong Kong has signed
Comprehensive Double
Taxation Agreements (CDTAs)
with 37 jurisdictions.
Negotiations with
13 jurisdictions are in progress.
25%
45%
37%
11%
17%
17%
20%
16%
20%
7%
16.5%
15%
5%
5%
0% VAT
(as of Mar 2017)
8. BUSINESS-TO-
CONSUMER
5.1M
in Asia Pacific
142,000 HNWIs in HK,
up 281% (2009-2015)
42.8M
from Mainland
56.7 million visitors
in 2016
HK is ranked as
the 2nd most
attractive global
destination for
luxury retailer
(Jones Lang LaSalle,
2016)
US$56bn
Total retail sales in value
(Hong Kong Retail Management Association,
2016)
61Michelin-starred
restaurants in HK
(Apr 2017)
9. BELT & ROAD
Hong Kong:
the Super-Connector between
Mainland China and the world
Hong Kong
21st Century Maritime Road
Silk Road Economic Belt
TURKEY
IRANIRAQ
CHINA
INDIA
SRI LANKA
INDONESIA
THAILAND
Beijing
Urumqi
Basra
Khambhat
Kollam
Banda Aceh
Guangzhou
Quanzhou
Xi’an
South China sea
Bay of Bengal
Andaman sea
Arabian sea
Indian Ocean Belttung
OMAN
BANGLADESH
ITALY
RUSSIA
KENYA
Sources: China-US Focus, Xinhua Finance Agency
19. FESTIVAL OBJECTIVES
• Promote Hong Kong as a startup hub
• Showcase Hong Kong’s startup ecosystem &
celebrate its innovation and success stories both to
a local and international audience
• Connect and encourage collaboration between
overseas entrepreneurs and local
startups/companies
• Attract innovative startups, serial entrepreneurs,
investors and community partners to the city