The purchasing behavior of consumers in Hong Kong is determined by the price, the quality, the specific technical aspects and the after-sales service. Consumers want very good quality products at competitive prices. The brand name is a factor when making a purchasing decision as it is a guarantee of quality for consumers. The people of Hong Kong are exposed to English and western culture. Therefore they have no preference between national products and foreign goods. In the field of advertising, for example, brand names will choose both Asian and western celebrities to represent them.
Consumer profile and purchasing power
The people of Hong Kong are well-informed consumers. They like original products which are generally Korean or Japanese goods. Dietary supplements are products which people are buying more and more in Hong Kong, as consumers are concerned with their health and well-being.
Hong-Kong applies the Harmonised Custom Systems. The imports are managed by Customs and Excise Department. Due to its status of Free harbour, Hong-Kong does not impose customs duties on the entry of the general goods on its territory.
Import procedures
Hong-Kong applies the Harmonised Custom Systems. The imports are managed by Customs and Excise Department. Due to its status of Free harbour, Hong-Kong does not impose customs duties on the entry of the general goods on its territory.