Hong Kong is well
established as the leading service and business capital for the Asian
region, Hong Kong is a net exporter of services. In 2007, the value of
services exported amounted to US$82.7 billion or 40% of GDP.
Hong
Kong's business and professional services include accountancy, law,
management consultancy, engineering, architecture, education, design,
quality inspection and testing, with much of the sector growth fuelled
by the strong presence of the world's leading financial institutions
and multinational corporations.
Hong Kong is currently home to
7,254 practicing solicitors and barristers, 26,800 certified public
accountants, 11,032 registered engineers and over 2,152 registered
architects.
In addition to the cluster of experts at hand, the
quality and high standard of Hong Kong's professional services is also
what attracts increasing commerce from the region and beyond.
Professional and government bodies ensure that international standards
are adhered to and corporate governance rigorously enforced.
Some 88% of Hong Kong's GDP is derived from service industries.