Hong Kong trade and industry are a major support to the economy of the city. The international trade relation of Hong Kong is controlled and managed by the Trade and Industry Department. The department is entrusted with the responsibility of laying down trade policies and programs. It also extends all necessary support for the growth and development of both small and large scale industries in Hong Kong.
Hong Kong industries feature a large number of garment industries, banks, toy producers, tourism industry, shipping industry, electronic goods industry and clock makers. The growth rate of industrial production as per 2006 report was 4%. The major export partners of Hong Kong are China, Japan and United States. The import partners are China, Taiwan, South Korea, Japan, Singapore and United States. For earning revenue, Hong Kong exports goods like textiles, watches and clocks, footwear, precious stones and toys.
The Hong Kong Stock Exchange helps the new companies in selling shares and raising capital. The exchange also works as a liaison between those who wants to sell shares and those who want to buy it.
The banks of Hong Kong play a major role in the regulation of trade and industry in Hong Kong. They provide loans to the corporate personnel to enable them to start new business. Some of the major banks of Hong Kong are:
- American Express Bank Limited
- Bank of China
- Wing Lung Bank
- DBS Bank.
- Hang Seng Bank
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- Chung Khiaw Banl Limited
- National Commercial Bank Limited
Given below is a list of some of the major industries of Hong Kong:
- Auto Parts and Accessories Industry
- Leather Consumer Goods Industry
- Watches and Clocks Industry
- Clothing Industry
- Fur Industry
- Plastic Raw Materials Industry
- Cosmetics and Toiletries Industry
- Telecommunications Equipment Industry
- Giftware Industry
- Audio-visual Equipment Industry
- Sporting Goods Industry
- Information Technology Equipment Industry
- Spectacles Industry
- Lighting Industry
- Jewelry Industry
- Electronics Industry
- Machinery Industry
- Household Electrical Appliances Industry
- Packaging Materials Industry
- House ware Industry
- Footwear Industry
- Printing Industry
- Building Materials and Hardware Industry
- Processed Food and Beverages Industry
- Stationery Industry
- Textiles Industry
- Furniture and Furnishing Industry
- Toy Industry
- Travel Goods and Handbags Industry
- Environmental Protection Industry
- Medical and Healthcare Equipment Industry
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