The development of Hong Kong’s economy
Hong Kong is famous for its open economy system and it is one of the world's premiere financial centres. Hong Kong's gross domestic product, between 1961 and 1997, has grown 180 times larger than the former while per capita GDP rose by 87 times. It has developed into a modern, vibrant and cosmopolitan services economy, underpinning the role of the city as a global business platform. Since the 1970s, the economy of Hong Kong has been governed both under British and Chinese rule under an economic policy dubbed Positive non-interventionism espoused by former financial secretary John James Cowperthwaite.
At present, more and more mainland merchants hold different purpose to register Hong Kong Limited Company doing business. Hong Kong seems likely to remain a highly free market-enterprise society.