Hong Kong is one of the world's most open and dynamic economies. The economy has a free market system with high dependency on the International Trade and Commerce. The country comes under the high-income group nations. Among the various sectors of the economy the service sector has the highest contribution to the economy. Hong Kong also has stepped up its efforts to gain approval to offer more mainland financial services in a bid to remain competitive with China's growing financial centers. Hong Kong's natural resources are limited, and food and raw materials must be imported. A large number of Hong Kong tenders and RFP's float from Pharmaceuticals and Construction Sector.