Hong Kong has no mineral resources, but has one of the finest deep-water ports in the world. A hardworking, entrepreneurial and well-educated population of about 7 million people serve as the foundation of Hong Kong’s productivity and creativity.
Economic Development :
Hong Kong is an international and cosmopolitan city, known for its business-friendly environment, rule of law, free trade and free flow of information, open and fair competition, well-established and comprehensive financial networks, superb transport and communications infrastructure, sophisticated support services, and a well-educated workforce complemented by a pool of efficient and energetic entrepreneurs. Coupled with these assets are substantial foreign exchange reserves, a fully convertible and stable currency, and a simple tax system with low tax rates.
Education is one of the biggest items of public expenditure, accounting for over one-fifth of total recurrent public expenditure. The Government provides financial assistance where necessary to ensure that no student is deprived of education for lack of means.
Hong Kong is a highly mobile city, where people make over 11 million trips daily, using an efficient, economic and multi-modal public transport system that includes railways, trams, buses, public light buses, taxis and ferries. Public transport services are provided by private operators or public corporations without direct subsidy from the Government.
The Government attaches great importance to enhancing Hong Kong’s attractiveness as a tourist destination and has invested heavily in the city’s tourism infrastructure over the past few years. Hong Kong Disneyland, Hong Kong Wetland Park and Ngong Ping 360 cable car are notable examples. ‘A Symphony of Lights’, recognised as the world’s ‘Largest Permanent Light and Sound Show’ by Guinness World Records, is also very popular. All these attractions, together with the 30-year old Ocean Park, which is undergoing redevelopment, have positioned Hong Kong as a premier destination for family visitors.
Courtyard Hong Kong:
The Courtyard Hong Kong (Courtyard Marriott Hong Kong) is a great little hotel tucked away on the north side of Hong Kong Island. It’s not in the most convenient location for touring the city but it will offer you a great hotel experience at a more reasonable price point. Located in Sai Ying Pun, a small residential area in between Western and Central District, the Courtyard Hong Kong can be a cheaper alternative to the big name hotels if you are visiting Hong Kong on a budget.
To get from Hong Kong International Airport (HKIA) to the Courtyard Hong Kong, a taxi will cost you approximately 350 HKD ($45 USD) and take about 35 minutes (depending on traffic). If you are on a budget, you can take the Airport Express train from HKIA to Hong Kong Station for 100 HKD ($13 USD) and then catch the free hotel shuttle from the train station to the hotel.