The fine jewelry industry dominates Hong Kong's jewelry market. The growth of the local market, including sales to tourists, has aided in its development. Hong Kong is home to a large variety of medium- to high-priced jewelry products. Fashion jewelry with tiny stones is a specialty of Hong Kong manufacturers. Hong Kong is a key hub for the creation of jade jewelry and is a leader in the production of pure gold goods. It is also a major hub for pearl distribution and trade. The two main categories of Hong Kong's jewelry market are fine jewelry and imitation jewelry. Fine jewelry accounted for 91% of Hong Kong's total jewelry exports in terms of value in 2022. The jewelry business in Hong Kong is renowned for its ability to adapt to changing consumer demands.  Gem-set jewelry, specifically including diamonds set in 14K or 18K and yellow or white gold, is the most popular product category. For a very long time, Hong Kong has been acknowledged as a top location for the manufacturing of jade jewelry. The main products are pendants, rings, and bangles. Pearls are mostly imported from Japan, Australia, and India, and Hong Kong is a key trade and distribution hub for pearls. Hong Kong was the top exporter of pearls and the second biggest exporter of jade in the world in 2021. With $4.36 billion in diamond exports in 2021, Hong Kong ranked ninth globally in terms of diamond exports. The majority of Hong Kong's jewelry sector is focused on exports. Dedicated to fostering international marketing prospects for Hong Kong's enterprises, the Hong Kong Trade Development Council (HKTDC) is a governmental agency that was founded in 1966. Every year, the HKTDC hosts over thirty exhibitions in Hong Kong, resulting in 11 of the largest marketplaces of their kind in Asia. 

An essential aspect of Chinese culture is Chinese medicine. An integral part of Hong Kong's healthcare system has traditionally been traditional Chinese medicine. Many people would take Chinese medicines and consult with Chinese medical professionals. Regarding healthcare, Hong Kong offers a broad range of "Eastern" style medical treatments. Traditional Chinese Medicine (TCM) is among the most widely used.  In recent decades, Traditional Chinese Medicine (TCM) has achieved several global milestones, including serving as the foundation for the treatment of malaria and cancer. Acupuncture, bone setting, cupping therapy, qigong, and herbal nedicine are the five forms of Traditional Chinese Medicine. In Hong Kong, Chinese medicine has a rich history. The Working Party on Chinese Medicine was established by the Hong Kong government in August 1989 as a result of the growing public concern over Chinese medicine beginning in the 1980s. The Preparatory Committee on Chinese Medicine was established by the Hong Kong government in April 1995 in response to the Working Party's recommendations. Its mandate was to provide suggestions to the government about the advancement, growth, and oversight of Chinese medicine in Hong Kong. The Basic Law of the Hong Kong Special Administrative Region established the direction for the advancement of Chinese medicine in the future. Article 138 of the Basic Law provides that "the Government of the Hong Kong Special Administrative Region shall, on its own, formulate policies to develop western and traditional Chinese medicine and to improve medical and health services. Community organizations and individuals may provide various medical and health services in accordance with law."