Hong Kong ─ Germany
Germany is Hong Kong’s largest trading partner of the EU and ranked 11th among Hong Kong’s trading partners in the world. Bilateral trade amounted to some EUR 13.97 billion in 2019. Hong Kong also played a significant role in the trade between the Mainland of China and Germany, with about 5.6% of the trade routed through Hong Kong, amounting to some EUR 9.84 billion.
In 2019, Hong Kong’s main exports to Germany were jewellery (30.6%), printed matter (7.9%) and semi-conductors, electronic valves & tubes (6.7%). Hong Kong’s main imports from Germany included semi-conductors, electronic valves & tubes (8.3%), passenger motor cars (7.6%) and measuring and checking instruments (6.5%).
As of 2019, there were 97 regional headquarters, 152 regional offices and 171 local offices in Hong Kong representing parent companies located in Germany as well as using Hong Kong as a gateway for doing business with the mainland of China and the rest of Asia.
Strong bilateral ties have been underpinned by high-level government and trade visits. In January 2020, Member of the Executive Board of Deutsche Bundesbank, Mr Burkhard Balz, attended the 13th Asian Financial Forum in Hong Kong. In December 2019, the Group Chairman of German Alliance 90 / the Green Party, Ms Katrin Goring-Eckardt, and Vice Chairman of German Alliance 90/ The Green Party, Mr Oliver Krischer, visited Hong Kong and met with the Chief Secretary for Administration, Mr Matthew Cheung Kin-chung. In November 2019, Professor Frank Pieke, the then Director and Chief Executive Officer of the Mercator Institute for China Studies in Germany paid a visit to Hong Kong. In August 2019, Member of German Federal Parliament Committee on Foreign Affairs, Mr Frank Steffel, and in July 2019, National Chairman of German Free Democratic Party, Mr Christian Lindner, paid official visits to Hong Kong and met with the Secretary for Commerce and Economic Development, Mr Edward Yau. In September 2018, the Chairman of the Committee on Economic Affairs and Energy of the German Bundestag, Mr Klaus Ernst, visited Hong Kong and met with the Chief Secretary for Administration, Mr Matthew Cheung Kin-chung. In January 2018, Wolfgang Gerhardt, Chairman of the Board of the Friedrich Naumann Foundation for Freedom, visited Hong Kong.
From Hong Kong, in October 2018, the Secretary for Financial Services and the Treasury, Mr James Lau, spoke at a Business Luncheon in Frankfurt highlighting Hong Kong's paramount role as a capital raising and asset and wealth management centre. In January 2018, the Secretary for Transport and Housing and Chairman of the Hong Kong Logistics Development Council (LOGSCOUNCIL), Mr Frank Chan Fan, led a delegation comprising members of the LOGSCOUNCIL to Germany to promote Hong Kong as a regional premier logistics hub. In June 2018, the Chief Executive, Mrs Carrie Lam, attended the Lindau Nobel Laureate Meeting. Some 40 Nobel Laureates and 600 young scientists from different countries took part in the meeting. In July 2017, the Financial Secretary, Mr Paul Chan, attended the Group of Twenty (G20) Leaders' Summit in Hamburg as part of the delegation of the People's Republic of China. In March 2017, Professor Anthony Cheung Bing-leung, the Secretary for Transport and Housing, led a Hong Kong maritime delegation to visit Hamburg to promote Hong Kong’s maritime services.
Hong Kong and Germany have a Working Holiday Scheme agreement, allowing young people from the two places to spend up to one year in the respective territory and take up temporary employment. Since August 2014, the annual quota under the Scheme has been doubled from 150 to 300. Also, numerous partnerships exist between Hong Kong and German universities with manifold exchange programmes.
During 2019, 217 779 Germans visited Hong Kong.
Useful Information in Hong Kong
German Consulate General in Hong Kong
21/F United Centre, 95 Queensway, Admiralty, Hong Kong
Phone: (+852) 2105 8788, Fax: (+852) 2865 2033
German Industry and Commerce Ltd. in Hong Kong
19/F, COFCO Tower, 262 Gloucester Road, Causeway Bay, Hong Kong
Phone: +852 2526 5481, Fax: +852 2810 6093