Hong Kong stature as an International Financial centre (IFC), gradually developed from the 1950s to become a key component of the island's economy. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region.
It is the world's largest re-export centre. In effect, much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong.
Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.
Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore.
In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.
The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls.
Hong Kong's transportation network is highly developed. The city's main railway company (KCRC) was merged with MTR in 2007, creating a comprehensive rail network for the whole territory (also called MTR).
The Port of Hong Kong is a busy deepwater port, specialising in container shipping.
Hong Kong International Airport is a leading air passenger gateway and logistics hub in Asia and one of the world's busiest airports in terms of international passenger and cargo movement, serving more than 47 million passengers and handling 3.74 million tonnes (4.12 million tons) of cargo in 2007.
Providing an adequate water supply for Hong Kong has always been difficult because the region has few natural lakes and rivers, inadequate groundwater sources (inaccessible in most cases due to the hard granite bedrock found in most areas in the territory), a high population density, and extreme seasonable variations in rainfall. Thus about 70 percent of water demand is met by importing water from the Dongjiang River in neighbouring Guangdong province. In addition, freshwater demand is curtailed by the use of seawater for toilet flushing, using a separate distribution system.

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