Modern Hong Kong can offer a free market economy that is highly dependent on international trade, the financial sector, export / import volumes, including a fairly large share of re-exports. Hong Kong introduces zero duties on imported goods. Also, only four groups of goods are subject to excise: alcoholic beverages, tobacco, hydrocarbon oil and methyl alcohol. There are currently no import / export quotas for anything in Hong Kong. The Hong Kong government continues to tightly peg the local currency (the Hong Kong dollar) to the US dollar, thereby supporting the 1983 agreement. http://www.confiduss.com/en/info/blog/article/best-investment-countries-asia/