Asia, Africa & Middle East Committee
A Deep Dive into Hong Kong-Japan Business Development
It was a pleasure to welcome Haruyuki Yada, Director-General, Planning Department, JETRO Headquarters, and his colleagues to the Chamber on 7 July. They were greeted by Chamber CEO Patrick Yeung, General Committee member Edmond Yue, and Asia, Africa & Middle East Committee Chairman Dewan Saiful Alam, who shared their views on the current investment landscape and business environment for foreign companies in Hong Kong.
The visitors were eager for an in-depth analysis of the Hong Kong economy, along with the GBA, given the imposition of tariffs and other protective measures by the U.S. and how it is affecting business sentiment. Hong Kong has been diversifying its markets by expanding into emerging markets. Finance and professional business services are relatively unaffected by protectionism and continue to grow.
U.S. companies continue to maintain a strong presence in Hong Kong, with the number of their offices steadily rising since 2022 to rank third, behind only those from the Mainland and Japan. Alam highlighted Hong Kong’s vital role within the Greater Bay Area, where businesses can benefit from simplified processes, access to top talent, favourable regulations and an advantageous tax system. Additionally, the implementation of CEPA 2.0 in March 2025 offers foreign companies in Hong Kong further opportunities to access preferential policies and expand into the Mainland market.