World's freest economy for 16th consecutive year
Hong Kong is the world’s freest economy for the 16th consecutive year, according to the 2010 Index of Economic Freedom, jointly published by The Heritage Foundation and The Wall Street Journal.

Hong Kong Chief Secretary visits New York City
During his visit to New York City on January 11, Hong Kong Chief Secretary for Administration Henry Tang officiated at a reception jointly organized by the Hong Kong Economic and Trade Office in New York and the Hong Kong Tourism Board.

Hong Kong eyes Asia’s cultural hub status
At the “Hong Kong: A Tapestry of Art and Culture” reception held at New York’s Wall Street Cipriani on January 11, Hong Kong Chief Secretary for Administration Henry Tang said the West Kowloon Cultural District (WKCD) will transform Victoria Harbor into Asia’s West End with a Broadway skyline, making Hong Kong the cultural hub of Asia.

Invest Hong Kong sets record for projects completed
Invest Hong Kong recently announced the department assisted 265 overseas, Mainland and Taiwanese companies in setting up or expanding their business presence in Hong Kong in 2009.

Asian Financial Forum sets sight on new global landscape
More than 60 of the world's leading business, finance and regulatory players, as well as government officials, shared their insights on the new financial landscape at the two-day Asian Financial Forum in Hong Kong on January 20-21.

Kai Tak Cruise Terminal breaks ground
The ground-breaking ceremony of the site formation for Kai Tak Cruise Terminal was held on December 23, marking a significant milestone in developing Hong Kong into a premier regional cruise hub.

Hong Kong, Shanghai sign financial cooperation MOU
The Financial Services and the Treasury Bureau of the Hong Kong Special Administrative Region Government and the Shanghai Municipal Government Financial Services Office on January 19 signed a Memorandum of Understanding (MOU) on advancing Hong Kong-Shanghai financial cooperation.

Hong Kong joins tripartite funding for R&D projects
The Hong Kong, Guangdong and Shenzhen governments will jointly provide funding for 12 applied research and development (R&D) projects under the Guangdong-Hong Kong Technology Cooperation Funding Scheme.

More measures to promote film development
The Hong Kong Film Development Council (FDC) will implement new measures to enhance the operation of the Film Development Fund (FDF) program in the first quarter of this year to better cater to the needs of the industry. It will also launch a number of large-scale activities this year to promote Hong Kong films.