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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Trade Policy Review of Hong Kong, China in 2023

The ninth World Trade Organization (WTO) Trade Policy Review of Hong Kong, China (HKC) was successfully conducted on 6 and 8 December 2023. WTO Members once again commended HKC for its continued adoption of free and open trade policies, and for maintaining strong fiscal and financial fundamentals even amidst the COVID-19 pandemic.

The Trade Policy Review examined HKC's trade and investment regimes in detail, covering trade in both goods and services including green and pro-innovation government procurement policy, protection of intellectual property rights and support measures to SMEs, as well as new measures to enhance HKC's growth and competitiveness including various initiatives on investment promotion, green transition and high-quality development. It also gave an overview of its economic environment and deepening trade relationships with Mainland China and other trading partners, including the expanding network of Free Trade Agreements and Investment Promotion and Protection Agreements.

During the review meetings, HKC updated WTO Members on the latest strategies of HKC in fostering its long-term, high-quality development and competitiveness, including efforts in attracting talents and enterprises, implementing the innovation and technology blueprint, fostering an inclusive and sustainable economy that entails green transition and enhanced support for women and small and medium-sized enterprises (SMEs) in exploring business opportunities. HKC's efforts, amongst others, in enhancing intellectual property right protection in the present-day digital environment, were also elaborated. WTO Members were also assured that HKC will continue to maintain its staunch support to the rules-based multilateral trading system with the WTO at its core, continue to work with all WTO Members to address the common challenges, and advance ongoing WTO negotiations and reform discussions, which would ultimately strengthen the multilateral trading system and benefit the global economy.

The report provided by Hong Kong, China for the Review is available HERE.

The report prepared by the WTO Secretariat for the Review is available HERE.

The opening statement by Ms Maggie Wong, Director-General of Trade and Industry, is available HERE (pdf format).

The responding statement by Ms Maggie Wong, Director-General of Trade and Industry, is available HERE (pdf format).

The relevant press release is available HERE.

WTO's webpage on the Review of HKC is available HERE.