HONG KONG SAR – Media OutReach Newswire – 7 October 2026 – Hong Kong has once more been rated because the world’s freest financial system, in keeping with the Financial Freedom of the World 2026 Annual Report, revealed on October 6 by the Canada-based Fraser Institute. Hong Kong remained high amongst 165 jurisdictions worldwide with Switzerland in second place.
The Hong Kong Particular Administrative Area (HKSAR) Authorities welcomed the newest report, noting that, among the many 5 areas of evaluation, town continued to be ranked first globally in “Freedom to commerce internationally” and second in “Regulation”.
“The Fraser Institute’s report as soon as once more affirms Hong Kong’s strengths as a free-market financial system and its open, environment friendly and honest enterprise setting,” a spokesman for the HKSAR Authorities stated. “Amid rising world financial uncertainties and rising commerce protectionism, Hong Kong stays firmly dedicated to sustaining its free port standing, zero-tariff coverage, and easy and low tax regime, offering a safe, steady, honest, predictable and internationalised enterprise and funding setting for buyers and entrepreneurs from all over the world.”
“One nation, two techniques” benefits
The HKSAR Authorities highlighted that, beneath the “one nation, two techniques” framework, Hong Kong enjoys the robust assist of the Chinese language Mainland and maintains shut connections with the remainder of the world.
“Whereas providing handy entry to each the Chinese language Mainland and worldwide markets, Hong Kong continues to practise widespread legislation in each Chinese language and English,” the spokesman stated. “It additionally provides monetary, transport, buying and selling {and professional} companies that align seamlessly with worldwide greatest requirements, supported by an environment friendly authorities construction and a clear {and professional} civil service.”
These strengths allow Hong Kong to completely leverage its roles and features as a ‘tremendous connector’ and ‘tremendous value-adder’, making it the very best gateway for Mainland enterprises to enter worldwide markets and for abroad enterprises to enter the Mainland.
Attracting funding and expertise
To this point this 12 months, Hong Kong has continued to scale new heights in varied worldwide competitiveness rankings masking finance, innovation and know-how (I&T), schooling and expertise, reflecting large recognition by the worldwide neighborhood of Hong Kong’s core strengths and the HKSAR Authorities’s efforts to advertise high-quality social and financial improvement.
Certainly, Hong Kong’s beneficial enterprise and dwelling setting, coupled with the proactive and concerted efforts of the HKSAR Authorities and all sectors of the neighborhood, continues to draw enterprises and expertise from all over the world.
Final 12 months, the variety of corporations in Hong Kong with guardian corporations abroad or within the Mainland exceeded 11,000, a rise of 11 per cent over 2024 and a file excessive.
The Workplace for Attracting Strategic Enterprises (OASES), established by the HKSAR Authorities in 2022, has efficiently attracted over 120 strategic enterprises thus far, together with many world trade leaders with a market capitalisation or valuation exceeding $100 billion and possessing cutting-edge applied sciences.
On expertise attraction, from end-2022 to August this 12 months, over 670,000 functions had been acquired and over 470,000 had been accredited beneath varied expertise admission schemes, with greater than 310,000 people having arrived in Hong Kong.
Over the previous 12 months, Hong Kong recorded appreciable development in funds raised by preliminary public choices, financial institution deposits and belongings beneath administration within the asset and wealth administration enterprise, reflecting worldwide buyers’ confidence in and recognition of Hong Kong.
Wanting forward
Final month, the HKSAR’s Chief Govt, John Lee, introduced the First 5-12 months Plan for Financial and Social Improvement of the Hong Kong Particular Administrative Area (2026-2030) (Hong Kong’s First 5-12 months Plan) and the 2026 Coverage Tackle.
Hong Kong’s First 5-12 months Plan states that Hong Kong will stay dedicated to a free and open financial system and the free move of capital, items, folks and data, all of that are Hong Kong’s core strengths beneath the “one nation, two techniques” framework.
“These efforts will inject stronger impetus into social and financial improvement, open up broader improvement prospects for native enterprises and the general public, and supply larger alternatives for enterprises, buyers and expertise worldwide,” the spokesman stated.
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