{"id":1746,"date":"2019-01-30T08:28:10","date_gmt":"2019-01-30T08:28:10","guid":{"rendered":"https:\/\/orbis-alliance.com\/?p=1746"},"modified":"2020-12-02T11:46:24","modified_gmt":"2020-12-02T11:46:24","slug":"hong-kong-remains-the-worlds-freest-economy-for-25-years","status":"publish","type":"post","link":"https:\/\/orbis-alliance.com\/fr\/orbis-news\/hong-kong-remains-the-worlds-freest-economy-for-25-years","title":{"rendered":"Hong Kong remains the world\u2019s freest economy for 25 years"},"content":{"rendered":"<p>Hong Kong has been looked up to by investors around the world for its renowned status as an international financial centre with strict adherence to the rule of law, simple taxation benefits and multiculturalism. Adding to that, it is now also mentioned by a US-based think-tank, The Heritage Foundation, to be the world\u2019s freest economy for 25<sup>th<\/sup> successive years. The 2019 index assessed economies around the world based on their regulations, market openness, law and governance etc. It was the only economy to have scored over 90 points and was trailed by Singapore, New Zealand, Australia and Taiwan.<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"66\"><strong>Ranking<\/strong><\/td>\n<td width=\"132\"><strong>Country\/ City<\/strong><\/td>\n<td width=\"85\"><strong>Score<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"66\">1<\/td>\n<td width=\"132\">Hong Kong<\/td>\n<td width=\"85\">90.2<\/td>\n<\/tr>\n<tr>\n<td width=\"66\">2<\/td>\n<td width=\"132\">Singapore<\/td>\n<td width=\"85\">89.4<\/td>\n<\/tr>\n<tr>\n<td width=\"66\">3<\/td>\n<td width=\"132\">New Zealand<\/td>\n<td width=\"85\">84.4<\/td>\n<\/tr>\n<tr>\n<td width=\"66\">4<\/td>\n<td width=\"132\">Australia<\/td>\n<td width=\"85\">80.9<\/td>\n<\/tr>\n<tr>\n<td width=\"66\">5<\/td>\n<td width=\"132\">Taiwan<\/td>\n<td width=\"85\">77.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>In fact, as the world\u2019s leading international financial centre, Hong Kong is distinctive by the following edges:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 A high-quality legal framework<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Financial and trade freedom<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Low tolerance for corruption<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Low taxation rate<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Political stability<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Highly skilled workforce<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Excellent law and order<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Geographical advantage<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 International culture<\/p>\n<p>Not only that, well aware of the keen competition from the competitors, the SAR government is committed to play a pivotal role as a facilitator and promoter to impose new impetus for economic growth.<\/p>\n<p><span style=\"float: none;background-color: transparent;color: #3f3f3f;font-family: 'Open Sans';font-size: 16px;font-style: normal;font-variant: normal;font-weight: 400;letter-spacing: normal;text-align: left;text-decoration: none;text-indent: 0px\">If you wish to obtain more information or assistance about setting up in Hong Kong, please do not hesitate to contact us at <\/span><a href=\"mailto:contact@orbis-alliance.com\">contact@orbis-alliance.com<\/a><span style=\"float: none;background-color: transparent;color: #3f3f3f;font-family: 'Open Sans';font-size: 16px;font-style: normal;font-variant: normal;font-weight: 400;letter-spacing: normal;text-align: left;text-decoration: none;text-indent: 0px\">.<\/span><\/p>\n<p>Source: <u>https:\/\/www.heritage.org\/index\/country\/hongkong<\/u><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong has been looked up to by investors around the world for its renowned status as an international financial centre with strict adherence to the rule of law, simple taxation benefits and multiculturalism. Adding to that, it is now also mentioned by a US-based think-tank, The Heritage Foundation, to be the world\u2019s freest economy [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":1752,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136,1],"tags":[],"class_list":["post-1746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hong-kong","category-orbis-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/posts\/1746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/comments?post=1746"}],"version-history":[{"count":0,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/posts\/1746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/media\/1752"}],"wp:attachment":[{"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/media?parent=1746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/categories?post=1746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orbis-alliance.com\/fr\/wp-json\/wp\/v2\/tags?post=1746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}