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The Joint Declaration guarantees the Basic Law of Hong Kong for 50 years after the handover. [68] It does not specify how Hong Kong will be governed after 2047, and the central government's role in determining the territory's future system of government is the subject of political debate and speculation.
Hong Kong was a Crown colony of the United Kingdom from 1842 to 1981 and was a British dependent territory from 1981 until the transfer of its sovereignty to the People's Republic of China in 1997. The Sino-British Joint Declaration and the Basic Law of Hong Kong stipulate that Hong Kong operate with a high degree of autonomy until at least ...
Victoria Harbour and the Hong Kong skyline at night, taken in June 2019. Hong Kong has over 9,000 high-rise buildings, of which over 4,000 are skyscrapers standing taller than 100 m (328 ft) with 554 buildings above 150 m (492 ft), according to the Council on Tall Buildings and Urban Habitat.
The handover of Hong Kong on 1 July 1997, returned Hong Kong to Chinese rule, and it adopted the Hong Kong Basic Law. [ 9 ] [ 10 ] In the 21st century, Hong Kong has continued to enjoy success as a financial centre.
Hong Kong independence is the notion of Hong Kong as a sovereign state, independent from the People's Republic of China (PRC). Hong Kong is a special administrative region (SAR) of China and is thus granted a high degree of de jure autonomy, as stipulated by Article 2 of the Hong Kong Basic Law ratified under the Sino-British Joint Declaration. [2]
The Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China is a national law of China that serves as the organic law for the Hong ...
On February 28, 2024, the Financial Secretary of Hong Kong, Paul Chan, announced the Special Administrative Region’s (SAR) government budget for the fiscal year 2024 to 2025 (“2024–25 Budget”). Under the 2024-25 budget, total government expenditure is set to rise by 6.7 percent to HK$776.9 billion (US$99.23 billion).
People from Hong Kong generally refer to themselves, in Cantonese, as Hèung Góng Yàhn (Chinese: 香港人; Cantonese Yale: Hèung Góng Yàhn; lit. 'Hong Kong people'); however, the term is not restricted to those of Chinese descent, owing to Hong Kong's roughly 160-year colonial history that saw the civil servants and traders of British, Indian, Russian and other ethnic groups stationed in ...
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