For many Austrian companies Hong Kong remains the gateway to China. Over 50% of all international investments in mainland China takes place via Hong Kong. A majority of the more than 200 Austrian subsidiaries in Hong Kong also focus on the mainland or other Asian markets. For many Austrian companies, Hong Kong is the test market for all of Asia, due to the importance of Hong Kong as a fair and convention place as well as the excellent infrastructure. Many Chinese companies use Hong Kong as a gateway for their internationalization: Over 70% of all Chinese investments in Austria are done via Hong Kong entities.
Austria traditionally enjoy a large trade surplus with Hong Kong. The majority of Austrian deliveries to Hong Kong are machines and equipment, also for Hong Kong’s infrastructure projects. The city remains an important market for Austrian consumer and luxury products. Hongkongers import more and more Austrian food and beverage products and wine and beer.
(Commercial Section of the Austrian Consulate General in Hong Kong)
13/F, Diamond Exchange Building
8-10 Duddell Street, Central
Tel.: (+852) 2522 2388
Fax: (+852) 2810 6493
Services provided by ADVANTAGE AUSTRIA Hong Kong range from introductions to Austrian companies looking for importers, distributors or agents to providing in-depth information on Austria as a business location and assistance in entering the Austrian market.
Mr. Franz Rössler
Consul (Commercial Affairs) & Austrian Trade Commissioner for Hong Kong, Macau and South China