Hong Kong :
It is basically a special administrative region of China. The other similar is Macau, which was formerly under Portugal.
Hong Kong is a metropolitan area, officially named the Hong Kong Special Administrative Region of the People's Republic of China.
Its sovereign country is China. Taiwan, on the other hand, refers to the People's Republic of China.
The total population of Hong Kong is 65 lakhs. Which is one of the most densely populated areas in the world. Ethnic people live in different parts of the world, especially in the British dependent territory.
Hong Kong has an area of only 2655 square kilometers. However, the mainland is only 1100 square kilometers. The per capita annual income of this highly developed area is US ০০ 50,000. The Human Development Index ranks fourth in the world. The area has its own currency called the Hong Kong Dollar. It is not a common currency in mainland China. The currency is controlled by the Hong Kong Monetary Authority, which is not legally the central bank but is de facto the central bank.
The official languages are Chinese and English but Cantonese is the recognized language.
Government system The executive order of the central government. The chief executive is the chief representative of this particular administrative region. However, it has its own Legislative Council and its own flag.
After 156 years of British colonial rule, at midnight on July 1, 1997, the United Kingdom handed over the sovereignty of Hong Kong to China or China regained sovereignty. Earlier, according to the Second Peking Convention, the United Kingdom leased Hong Kong for 99 years through a treaty with the then China or Qingdao China. Originally the United Kingdom took it under its control after the First Opium War.
Hong Kong is basically one of the most important economic centers and commercial ports in the world. It ranks third in the world for doing business easily. The economy here is basically a highly prosperous free market economy. It is one of the top import and export dependent regions in the world.
The number of high-rise buildings in the world is relatively high here and the average life expectancy is relatively high.
Although the sovereign country of China is governed in a political and economic socialist way, the system here is capitalist and democratic.
That is why China is called two policies in one country.
Originally from China, Hong Kong and Macau are run in their own way to maintain the speed of the prosperous economy, government system, law, trade relations, equal human rights. China has a 50-year plan for Hong Kong and Macau, which will expire in 2048. China has offered to implement such a policy in order to unite with Taiwan. However, the Taiwanese government has rejected the proposal and claimed that Taiwan had previously drafted the original policy.
Due to the freedom of speech here, people in Hong Kong sometimes take part in large-scale protests.
China issues separate passports from Macau to Hong Kong for permanent residents. Foreign travelers need a separate visa from China to enter Hong Kong. The Chinese embassy abroad provides it. Although China issues two-way permits or exit anti-permits to its own citizens.
The Chinese army is called the People's Liberation Army. Its Hong Kong garrison is in charge of Hong Kong's defense.
Although Hong Kong's foreign and diplomatic policies are in the hands of the Chinese central government, it has the power to establish its own economic and cultural relations with the outside world. Hong Kong is a member of the World Trade Organization, various UN agencies, the Asia-Pacific Economic Cooperation, and the International Olympic Committee.
Tourism supplies a large part of the economy here. It is one of the most popular destinations in the world for those who are thirsty for international travel. Hong Kong is one of the most expensive cities in the world. It is the most used public transport in the world.
Cathay Pacific Hong Kong flag carrier. The hub of which is Hong Kong International Airport.
Hong Kong has the International Commerce Center, a 108-story, 12th tallest building in the world.
HSBC or Hong Kong Shanghai Banking Corporation is headquartered in Hong Kong.
Here are the famous Victoria Harbor and Star Ferry.
The Hong Kong Stock Exchange is the seventh largest capital market in the world.
Famous marshal and actor Jackie Chan is a resident of Hong Kong.
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