This analytical note examines the potential for further developing Hong Kong’s high value-added service industries, with a particular focus on the legal and healthcare sectors, and explores policy options to support their development.
A distinctive feature of this note is its comparative analysis of Hong Kong with Singapore and Korea, two advanced economies in the region with well-developed legal and healthcare services, respectively. Building on this comparison, the note conducts scenario analyses to assess the potential economic gains from further development of Hong Kong’s legal and healthcare services.
