In the 2024 Policy Address, the Chief Executive articulated a compelling vision to transform Hong Kong into a “High Value-added Supply Chain Service Centre.” Supported by Invest Hong Kong, PwC has developed a pitchbook entitled Hong Kong: A High Value-added Supply Chain Service Centre. This resource is specifically designed to engage Mainland enterprises, emphasising Hong Kong’s position as the premier platform for Mainland companies seeking overseas expansion through leveraging the city’s sophisticated and comprehensive, high value-added supply chain services.
Hong Kong has firmly established itself as a pivotal hub within the global supply chain network. According to PwC’s analysis, between 2019 and 2023, approximately 91,000 to 94,000 supply chain companies in Hong Kong were actively involved in cross-border trade. Of these, 4.1% to 4.5% were subsidiaries of Mainland Chinese or overseas parent companies, representing nearly double the proportion seen across other industry sectors. Significantly, the number of supply chain entities with Mainland Chinese parent firms operating in Hong Kong grew by almost 30% over this period, further cementing the city’s standing as the preferred platform for Mainland enterprises pursuing international growth.
Dr Albert Wong, PwC Hong Kong Public Sector Consulting Partner, noted: “Hong Kong offers a mature financial ecosystem and a robust common law framework, underpinned by a talent pool combining global and China-specific expertise. These foundations, together with world-class logistics infrastructure and a comprehensive suite of professional services, position Hong Kong uniquely to support Mainland enterprises to globalise effectively. This enables these enterprises to build trust, enhance operational efficiency, and proactively mitigate risk, thereby underpinning sustainable, scalable global growth”.
Complementing these supply chain strengths, the Hong Kong SAR Government has enacted a range of targeted policies and services to cultivate an enabling environment for Mainland enterprises. These initiatives are designed to facilitate local operations, international expansion, and seamless cross-border supply chain management – reinforcing Hong Kong’s role as an indispensable gateway to global markets.