ABSTRACT
Small-and medium-sized enterprises (SMEs) have made a signicant contribution to the PRD’s economic success. Healthy SME development has long been considered critically important for economic growth, innovation, job creation and market competition in developed and developing countries alike (Aidis 2005). Approximately 80,000 Hong Kong companies operate in the region (GPPP and ICAC 2008). Most are SMEs, which are dened as manufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees (Hong Kong General Chamber of Small and Medium Business 2015). These rms have contributed signicantly to the region’s rapid economic growth and derive their own substantial benets from the Chinese market.
