Jobs in Hong Kong

The economy of Hong Kong is often cited as an example of laisser - faire (a French phrase meaning "let do") economy in the world. Both the government and the PRC(People's Republic of China) has intervened in the economy of the country from time to time but the free market policy of the positive non- interventionism drives the economic policy of the country even today.

No official GDP was measured by the government until 1971. Any GDP prior to this period is based on international trade statistics that came after 1971. In the year 2006 Hong Kong's GDP ranked as the 40th highest in the world. This increase in the GDP shows a increase in the number of available jobs in Hong Kong.Hong Kong has little arable lands and a few natural resources within its border and therefore it imports most of its food and other raw material. Hong Kong is the 11th largest trading country in the world with a total value of import and export exceeding its gross domestic product.

As in 2006 there are 114 countries that maintain consulates in Hong Kong. This statistics of consulates is the highest in the world. Hong Kong has established extensive trade and investment ties with China and this has marked an increase of jobs in Hong Kong in profusion.

The Hong Kong stock exchange is the 6th largest in the world with a market capitalization of about US$1.71 trillion. Almost all the big city jobs are available in Hong Kong and the economic prosperity of Hong Kong that began since 2006 is also marked by a huge increase in the number of jobs in Hong Kong. 

The Special Administrative Region (SAR) of Hong Kong is one of the most popular areas in Asia where local students from the country and from China apart from other overseas candidates visit in search of jobs. It is very difficult for international graduate candidates to get jobs if they do not know the local Cantonese language. Post graduation and special training in the subject is needed to pursue a well paying career. However, graduates can get a job in the education, media, banking and hospitality sectors. The official working days in a week are from Monday to Friday. A minimum of 8 hours per day is compulsory work for every individual with alternate half Saturdays applicable for some industries.
The major industries functioning in Hong Kong are:
  • Service industry (it accounts for more than 90 %  of the GDP of Hong Kong)
  • Professional and finance sectors
One of the chief problems in the job market of Hong Kong is the stiff competition between local and international students. Most employers are not prepared to arrange for a visa of the candidate if he is fluent in Cantonese. Further, employers prefer UK based training certificates in courses such as law, accountancy, engineering, architecture and construction from foreign applicants in these sectors.

Companies in Hong Kong hiring in 2012 are:

  • Bank of China (BOC) Hong Kong
  • Cheung Kong
  • China Netcom Group
  • Henderson Land
  • Cathay Pacific Airways
  • Hutchison Whampoa
  • Sun Hung Kai Properties
  • China Mobile
  • Swire Pacific
  • CLP Holdings
An international student can search for jobs in Hong Kong in websites of Kompass, Hong Kong Business Directory and Hong Kong General Chamber of Commerce.

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