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Hong Kong[e] is a special administrative region of the People's Republic of China. With 7.4 million residents of various nationalities [f] in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded ...
Hong Kong portal. v. t. e. The Government of the Hong Kong Special Administrative Region, [1] commonly known as the Hong Kong Government or HKSAR Government, is the executive authorities of Hong Kong. It was formed on 1 July 1997 in accordance with the Sino-British Joint Declaration of 1983, an international treaty lodged at the United Nations.
v. t. e. " One country, two systems " is a constitutional principle of the People's Republic of China (PRC) describing the governance of its special administrative regions of Hong Kong and Macau. Deng Xiaoping developed the one country, two systems concept. This constitutional principle was formulated in the early 1980s during negotiations over ...
Politics of Hong Kong. The politics of Hong Kong takes place in a framework of a political system dominated by its quasi-constitutional document, the Hong Kong Basic Law, its own legislature, the Chief Executive as the head of government and of the Special Administrative Region and of a politically constrained multi-party presidential system. [1]
The region of Hong Kong has been inhabited since the Old Stone Age, later becoming part of the Chinese Empire with its loose incorporation into the Qin dynasty (221–206 BC). Starting out as a farming fishing village and salt production site, it became an important free port and eventually a major international financial center.
The handover of Hong Kong from the United Kingdom to the People's Republic of China was at midnight on 1 July 1997. This event ended 156 years of British rule in the former colony, which began in 1841. Hong Kong was established as a special administrative region of China (SAR) for 50 years, maintaining its own economic and governing systems ...
The current HKSAR Legislative Council was established on 1 October 1998 under the Hong Kong Basic Law. The first meeting of the council was held in July of the same year. Five subsequent Legislative Council elections have been held — the most recent being held on 4 September 2016.
The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. [15][16] Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, [17] and is pegged to the US dollar. [18][19 ...