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Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

stop all autonomic response.

 

The autonomic nervous system is the part of the peripheral nervous system that acts as a control system functioning largely below the level of consciousness, and controls visceral functions. The ANS affects heart rate, digestion, respiration rate, salivation, perspiration, diameter of the pupils, micturition (urination), and sexual arousal. Whereas most of its actions are involuntary, some, such as breathing, work in tandem with the conscious mind.

 

It is classically divided into two subsystems: the parasympathetic nervous system and sympathetic nervous system. Relatively recently, a third subsystem of neurons that have been named 'non-adrenergic and non-cholinergic' neurons (because they use nitric oxide as a neurotransmitter) have been described and found to be integral in autonomic function, particularly in the gut and the lungs.

 

With regard to function, the ANS is usually divided into sensory (afferent) and motor (efferent) subsystems. Within these systems, however, there are inhibitory and excitatory synapses between neurones.

   

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Event - Welshot Imaging

Models - Autonomy

+++ DISCLAIMER +++

Nothing you see here is real, even though the conversion or the presented background story might be based on authentic facts. BEWARE!

  

Some background:

The roots of the Estonian Air Force go back to the Russian revolution of February 1917, after which the Estonian state obtained a degree of autonomy within Russia, which included the establishment of national armed forces. Thus many Estonians in the Russian Army returned home to take up arms for their homeland. The Estonian Declaration of Independence in early 1918 was not recognized by Germany, which invaded and occupied the country during 1918. The Estonian armed forces were disbanded.

 

After the armistice on 11 November 1918, the Estonian Provisional Government immediately set about establishing a military aviation unit. On 21 November 1918 Voldemar Victor Riiberg, the Commander of the Engineering Battalion, assigned August Roos to organize a flight unit. The Aviation Company of the Engineer Battalion began to establish air bases near Tallinn for seaplanes and land planes, but it was not until January 1919 that the first operational aircraft was acquired – a captured Soviet Farman F.30.

 

In the meantime, on 22 November 1918, the Soviet Red Army had attacked Estonia and soon occupied most of the country. The fledgling Estonian Army, with foreign assistance, managed to counter-attack in early January 1919 and went on to liberate the country by late February. It subsequently moved on to liberate Latvia. Aviation Company aircraft flew a limited number of missions in support of the army. Following the February 1920 peace treaty with the Soviet Russia, the Estonian Army was demobilized, but the Aviation Company was retained. With the delivery of more aircraft, it was reorganized as an Aviation Regiment (Lennuväe rügement), comprising a landplane squadron, seaplane squadron, flying school and workshops. More bases and seaplane stations were built.

 

Some Aviation Regiment pilots were involved in a pro-Soviet coup attempt on 1 December 1924, but this was crushed within hours. From 1925 the First World War era aircraft were gradually replaced by more modern types. One of these types was the Armstrong Whitworth Siskin, a British biplane single-seat fighter aircraft.

 

The design was a development of the Siddeley-Deasy S.R.2 Siskin, as a response to the 1922 British Air Ministry Specification 14/22 for an all-metal single-seat high performance landplane. This led to the Siskin IIIA, a sesquiplane with an all-metal structure, which was powered by a 14 cylinder Jaguar radial engine. A contract for three production aircraft was placed on 13 October 1922 with a further six ordered on 26 January 1923 including one as a prototype of a two-seat variant. The Siskin III first flew on 7 May 1923, with first deliveries to the RAF (six for evaluation) taking place in January 1924. The fighter was the first all-metal fighter in the British Royal Air Force.

The main production version was the Siskin IIIA ordered in 1926, which originally was powered with a Jaguar IV engine, but was later re-engined with the supercharged Jaguar IVA engine. The supercharger, a novel idea at the time, had little effect on performance below 10,000 ft (3,050 m), but it greatly improved speed and climb above that height.

 

Following the RAF procurements, Romania ordered 65 aircraft but they were cancelled following a crash on takeoff in February 1925 during acceptance tests; the Romanian pilot being killed. Following an evaluation of two Siskin IIIs, the Royal Canadian Air Force ordered 12 IIIAs which were delivered between 1926 and 1931. Further orders came in 1928 from Estonia: fifteen fighters and three dual control trainers were ordered in 1927. The fighters received a different engine, though, the Bristol Jupiter, which was lighter, less complex and offered considerably more power than the Jaguar. These machines received the designation IIIC and differed, beyond their engine, in some other details from the RAF's IIIA version, e. g. with a simplified landing gear, which saved even more weight and improved the Siskin’s aerodynamics. The machines for Estonia were delivered between 1928 and 1929.

 

During 1928 the Aviation Regiment came under the control of an Air Defence (Õhukaitse) organization which included the Anti-Aircraft Artillery. In 1939 the Estonian Air force consisted of about 80 active airplanes. Beyond the Siskins, Bristol Bulldog, Hawker Hart and Potez 25 biplanes from the 1920s were operated, but also the more modern Avro Anson multipurpose aircraft. The aircraft were divided into three groups, stationed at Rakvere, Tartu, and Tallinn. The Navy also maintained two multipurpose aircraft wings.

 

Plans to acquire Spitfires and Lysanders from Britain were thwarted when the outbreak of World War II in 1939 forced Britain to cancel all export orders. After the defeat of Poland, Estonia was forced to accept a Mutual Assistance Pact with the Soviet Union, signed on 28 September 1939. This allowed the Russians to establish military bases in Estonia, which were later used in the Winter War against Finland. On 17 June 1940 the three Baltic States were invaded by Soviet forces. During the June 1940 invasion the Air Defence took no action and subsequently aircraft remained locked in their hangars. The air force became the Aircraft Squadron of the 22nd Territorial Corps of the Soviet Army in the summer of 1940.

  

General characteristics:

Crew: 1

Length: 25 ft 4 in (7.72 m)

Wingspan: 33 ft 2 in (10.11 m)

Height: 10 ft 2 in (3.10 m)

Wing area: 293 ft² (27.22 m²)

Empty weight: 1,960 lb (890 kg)

Max. takeoff weight: 2,885 lb (1,310 kg)

Powerplant:

1× Bristol Jupiter V 9-cylinder radial engine, 480 hp (345 kW)

 

Performance:

Maximum speed: 165 kn (190 mph, 305 km/h) at sea level

Range: 271 nmi (310 mi, 500 km)

Service ceiling: 27,000 ft (8,230 m)

Rate of climb: 3,200 ft/min (10.480 m/min)

Endurance: 1 hour 20 minutes

Climb to 10,000 ft: 6 min 20 sec

 

Armament:

2× 0.303 in (7.7 mm) Vickers machine guns

Provision for up to 4× 20 lb (9 kg) bombs under the lower wings

  

The kit and its assembly:

I had bought an incomplete Matchbox A.W. Siskin kit a while ago, but lacked a good idea. This eventually came when I searched through the decal stack and came cross a Blue Rider sheet with Estonian triangles (see below) - and thought that an Estonian Siskin could be a good and exotic use. This was quite plausible because the Baltic country actually operated the type before WWII.

 

However, for a more whiffy touch, and in order to replace some missing parts, a few conversions had to be made. One modification concerns the landing gear, which had to be improvised; the struts came from a Revell Sopwith Triplane, IIRC, and the wheels from a Matchbox Gloster Gladiator.

The engine was replaced, too, with a Bristol Jupiter from a Mistercraft PZL P.7 fighter, and a leftover propeller from a Matchbox Gloster Gladiator. While the new engine appears a little large, the whole affair looks quite plausible and would even allow a free field of fire for the cowling-mounted, original armament.

 

Otherwise the simple but pleasant kit was built OOB. Rigging was done with heated black sprue material, glued into place with white glue after painting and decaling.

  

Painting and markings:

Well, there were not many Estonian aircraft, and most from the inter-war era seemed to carry a NMF/aluminium dope finish. I was able to dig up a profile of an Estonian Siskin IIIDC trainer, and it also shows some dark green round the cockpit area.

I used this as a starting point for a more camouflaged finish, also inspired by Latvian and Swedish Gloster Gladiators of that era, with dark green (FS 34079) upper surfaces, combined with aluminium dope on the undersides. In order to liven things up a little I also added an RAF Dark Green (ModelMaster) area in front of the cockpit, inspired by the Matchbox box art – but the different green tones are hard to tell apart.

Some metal panels were painted with Aluminium (Revell 99), while the fabric-covered areas, incl. the wings' undersides, were painted with Humbrol 56. The upper wing’s supporting struts were painted in black, as well as the cockpit interior – even though the latter is blocked by the pilot figure.

 

The Estonian national markings come from a Blue Rider sheet and actually belong to a modern 1:72 An-2. The tactical code was created with two layers of white over black single digits from TL Modellbau, creating a fake shadow effect for a better contrast. In order to liven things up a little more, I also a small unit badge to the fuselage flank under the cockpit, even though this was not typical for Estonian Air Force aircraft.

 

Some light dry-brushing with light grey was done in order to emphasize the nice surface structure of the Matchbox kit. Finally, the kit was sealed with matt acrylic varnish (Italeri).

  

A relatively simple build, but the overall result looks quite convincing, despite the exotic markings and the large diameter engine from the PZL P.7. Made me wonder what an Estonian Spitfire – had it been delievered – might have looked like? Hmmm…

 

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

LAOS

 

Officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west. Its population was estimated to be around 6.5 million in 2012.

 

Laos traces its history to the kingdom of Lan Xang, which existed from the 14th to the 18th century when it split into three separate kingdoms.

 

In 1893, it became a French protectorate, with the three kingdoms, Luang Phrabang, Vientiane and Champasak, uniting to form what is now known as Laos. It briefly gained independence in 1945 after Japanese occupation, but returned to French rule until it was granted autonomy in 1949.

 

Laos became independent in 1953, with a constitutional monarchy under Sisavang Vong. Shortly after independence, a long civil war ended the monarchy, when the Communist Pathet Lao movement came to power in 1975.

 

Laos is a single-party socialist republic. The capital city is Vientiane. Other large cities include Luang Prabang, Savannakhet, and Pakse. The official language is Lao.

 

Laos is a multiethnic country with the politically and culturally dominant Lao people making up approximately sixty percent of the population, mostly in the lowlands. Various Mon-Khmer groups, the Hmong, and other indigenous hill tribes, accounting for forty percent of the population, live in the foothills and mountains.

 

Laos' "strategy for development is based on generating electricity from its rivers and selling the power to its neighbours", namely Thailand, China, and Vietnam. Its economy is accelerating rapidly with the demands for its metals.

 

It is a member of the Asia-Pacific Trade Agreement (APTA), Association of Southeast Asian Nations (ASEAN), East Asia Summit, and La Francophonie. Laos applied for membership of the World Trade Organization (WTO) in 1997, but as of 2012 the country is only an observer state.

 

Capital

and largest city Vientiane

17°58′N 102°36′E / 17.967°N 102.6°E / 17.967; 102.6

Official languages Lao

Official scripts Lao script

Ethnic groups (2005) 55% Lao

11% Khmou

8% Hmong

26% othersa

 

Demonym Laotian

Lao

Government Marxist–Leninist single-party state

- President Choummaly Sayasone

- Prime Minister Thongsing Thammavong

- General Secretary

(Party) Choummaly Sayasone

- President of the

National Assembly Pany Yathotu

- President of

Construction Sisavath Keobounphanh

Legislature National Assembly

Independence from France

- Autonomy 19 July 1949

- Declared 22 October 1953

Area

- Total 236,800 km2 (84th)

91,428.991 sq mi

- Water (%) 2

Population

- 2012 estimate 6,500,000[1] (104th)

- 1995 census 4,574,848

- Density 26.7/km2 (177th)

69.2/sq mi

GDP (PPP) 2012 estimate

- Total $19.158 billion[2]

- Per capita $3,004[2]

GDP (nominal) 2012 estimate

- Total $9.269 billion[2]

- Per capita $1,320[2]

Gini (2008) 34.6 (medium)

HDI (2010) 0.524[3] (medium / 139th)

Currency Kip (LAK)

Time zone (UTC+7)

Drives on the right

Calling code +856

ISO 3166 code LA

Internet TLD .la

 

-------------------

  

VIET NAM

 

Vietnam, officially the Socialist Republic of Vietnam, is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea to the east.

 

The name Việt Nam had been used for the country before it became the official name in "Dư địa chí" of Nguyễn Trãi written in 1435 and perhaps even before. "Việt" is the name of the largest ethnic group in Vietnam: the Kinh (người Kinh) and "Nam" means "the South", affirming Vietnam's sovereignty from China (usually called "North country" by the Vietnamese).

 

The people of Vietnam regained independence and broke away from China in 938 AD after their victory at the Battle of Bạch Đằng River (938). Successive dynasties flourished along with geographic and political expansion deeper into Southeast Asia, until it was colonized by the French in the mid-19th century. Efforts to resist the French eventually led to their expulsion from the country in the mid-20th century, leaving a nation divided politically into two countries. Fighting between the two sides continued during the Vietnam War, ending with a communist victory in 1975.

 

Emerging from this prolonged military engagement, the war-ravaged nation was politically isolated. The government’s centrally planned economic decisions hindered post-war reconstruction and its treatment of the losing side engendered more resentment than reconciliation. In 1986, it instituted economic and political reforms and began a path towards international reintegration. By 2000, it had established diplomatic relations with most nations. Its economic growth had been among the highest in the world in the past decade. These efforts culminated in Vietnam joining the World Trade Organization in 2007 and its successful bid to become a non-permanent member of the United Nations Security Council in 2008.

 

GEOGRAPHY AND CLIMATE

 

Vietnam is approximately 331,688 km² (128,066 sq mi) in area (not including Hoang Sa and Truong Sa islands), larger than Italy and almost the size of Germany. The perimeter of the country running along its international boundaries is 4,639 km (2,883 mi). The topography consists of hills and densely forested mountains, with level land covering no more than 20%. Mountains account for 40% of the area, with smaller hills accounting for 40% and tropical forests 42%. The northern part of the country consists mostly of highlands and the Red River Delta. Phan Xi Păng, located in Lào Cai province, is the highest mountain in Vietnam at 3,143 m (10,312 ft). The south is divided into coastal lowlands, Annamite Chain peaks, extensive forests, and poor soil. Comprising five relatively flat plateaus of basalt soil, the highlands account for 16% of the country's arable land and 22% of its total forested land.

  

The delta of the Red River (also known as the Sông Hồng), a flat, triangular region of 15,000 square kilometers, is smaller but more intensely developed and more densely populated than the Mekong River Delta. Once an inlet of the Gulf of Tonkin, it has been filled in by the enormous alluvial deposits of the rivers over a period of millennia, and it advances one hundred meters into the Gulf annually. The Mekong delta, covering about 40,000 square kilometers, is a low-level plain not more than three meters above sea level at any point and criss-crossed by a maze of canals and rivers. So much sediment is carried by the Mekong's various branches and tributaries that the delta advances sixty to eighty meters into the sea every year.

  

Because of differences in latitude and the marked variety of topographical relief, the climate tends to vary considerably from place to place. During the winter or dry season, extending roughly from November to April, the monsoon winds usually blow from the northeast along the China coast and across the Gulf of Tonkin, picking up considerable moisture; consequently the winter season in most parts of the country is dry only by comparison with the rainy or summer season. The average annual temperature is generally higher in the plains than in the mountains and plateaus and in the south than in the north. Temperatures in the southern plains (Ho Chi Minh City and the Mekong Delta) varies less, going between 21 and 28 degree Celsius (70 and 82.5 °F) over the course of a year. The seasons in the mountains and plateaus and in the north are much more dramatic, and temperatures may vary from 5 degree Celsius (41 °F) in December and January to 37 degree Celsius (98.6 °F) in July and August.

  

GOVERNMENT AND POLITICS

 

Vietnam National Convention CenterThe Socialist Republic of Vietnam is a single-party state. A new state constitution was approved in April 1992, replacing the 1975 version. The central role of the Communist Party was reasserted in all organs of government, politics and society. Only political organizations affiliated with or endorsed by the Communist Party are permitted to contest elections. These include the Vietnamese Fatherland Front, worker and trade unionist parties. Although the state remains officially committed to socialism as its defining creed, the ideology's importance has substantially diminished since the 1990s. The President of Vietnam is the titular head of state and the nominal commander in chief of the military of Vietnam, chairing the Council on National Defense and Security. The Prime Minister of Vietnam Nguyen Tan Dung is the head of government, presiding over a council of ministers composed of 3 deputy prime ministers and the heads of 26 ministries and commissions.

 

The National Assembly of Vietnam is the unicameral legislature of the government, composed of 498 members. It is superior to both the executive and judicial branches. All members of the council of ministers are derived from the National Assembly. The Supreme People's Court of Vietnam, which is the highest court of appeal in the nation, is also answerable to the National Assembly. Beneath the Supreme People's Court stand the provincial municipal courts and the local courts. Military courts are also a powerful branch of the judiciary with special jurisdiction in matters of national security. All organs of Vietnam's government are controlled by the Communist Party. Most government appointees are members of the party. The General Secretary of the Communist Party is perhaps one of the most important political leaders in the nation, controlling the party's national organization and state appointments, as well as setting policy.

 

The Vietnam People's Army is the official name for the combined military services of Vietnam, which is organized along the lines of China's People's Liberation Army. The VPA is further subdivided into the Vietnamese People's Ground Forces (including Strategic Rear Forces and Border Defense Forces), the Vietnam People's Navy, the Vietnam People's Air Force and the coast guard. Through Vietnam's recent history, the VPA has actively been involved in Vietnam's workforce to develop the economy of Vietnam, in order to coordinate national defense and the economy. The VPA is involved in such areas as industry, agriculture, forestry, fishery and telecommunications. The total strength of the VPA is close to 500,000 officers and enlisted members. The government also organizes and maintains provincial militias and police forces. The role of the military in public life has steadily been reduced since the 1980s.

 

POPULATION

 

Recent census estimates the population of Vietnam at beyond 84 million. Vietnamese people, also called "Viet" or "Kinh", account for 86.2 percent of the population. Their population is concentrated in the alluvial deltas and coastal plains of the country. A homogeneous social and ethnic majority group, the Kinh exert political and economic control. There are more than 54 ethnic minorities throughout the country, but the Kinh are purveyors of the dominant culture. Most ethnic minorities, such as the Muong, a closely related ethnic of the Kinh, are found mostly in the highlands covering two-thirds of the territory. The Hoa (ethnic Chinese) and Khmer Krom are mainly lowlanders. The largest ethnic minority groups include the Hmong, Dao, Tay, Thai, and Nung.

 

LANGUAGES

 

The people of Vietnam speak Vietnamese as a native language. In its early history, Vietnamese writing used Chinese characters. In the 13th century, the Vietnamese developed their own set of characters called Chữ nôm. The celebrated epic Đoạn trường tân thanh (Truyện Kiều or The Tale of Kieu) by Nguyễn Du was written in Chữ nôm. During the French colonial period, Quốc ngữ, the romanized Vietnamese alphabet used for spoken Vietnamese, which was developed in 17th century by Jesuit Alexandre De Rhodes and several other Catholic missionaries, became popular and brought literacy to the masses.

 

Various other languages are spoken by several minority groups in Vietnam. The most common of these are Tày, Mường, Khmer, Chinese, Nùng, and H'Mông. The French language, a legacy of colonial rule, is still spoken by some older Vietnamese as a second language, but is losing its popularity. Vietnam is also a full member of the Francophonie. Russian — and to a much lesser extent German, Czech, or Polish — is sometimes known among those whose families had ties with the Soviet bloc. In recent years, English is becoming more popular as a second language. English study is obligatory in most schools. Chinese and Japanese have also become more popular.

 

RELIGIONS

 

For much of Vietnamese history, Mahayana Buddhism, Taoism and Confucianism have strongly influenced the religious and cultural life of the people. About 85% of Vietnamese identify with Buddhism, though not all practice on a regular basis[24][25][26][27][28][29][30]. About 8% of the population are Christians (about six million Roman Catholics and fewer than one million Protestants, according to the census of 2007). Christianity was introduced first by the Portuguese and the Dutch traders in the 16th and 17th centuries, then further propagated by French missionaries in the 19th and 20th centuries, and to a lesser extent, by American Protestant missionaries during the presence of American forces during the 1960s and early 1970s. The largest Protestant churches are the Evangelical Church of Vietnam and the Montagnard Evangelical Church.

 

Vietnam has great reservation towards Roman Catholicism. This mistrust originated during the French colonial time when some Catholics collaborated with the French colonists as espionage agents and militiamen to suppress the Vietnamese independence movement. Furthermore, the Church's teaching in Vietnam regarding communism made it an unwelcome counterforce to communist rule. Relationship with the Vatican, however, has improved in recent years. Membership of Sunni and Bashi Islam, a small minority faith, is primarily practiced by the ethnic Cham minority, though there are also a few ethnic Vietnamese adherents in the southwest. The communist government has from time to time been criticized for its religious restrictions although it has categorically denied that such restrictions exist today.

 

-----------------------------------------------

 

Motto: "Independence, Freedom, Happiness"

 

Anthem: Tiến Quân Ca

"Army March" (first verse)

 

Capital: Hanoi

Largest city: Ho Chi Minh City

Official language: Vietnamese

Demonym: Vietnamese

Government: Socialist Republic

 

Independence from France

- Date September 2, 1945

- Recognized 1954

 

Area

- Total 331,690 km2 (65th); 128,527 sq mi

- Water (%): 1.3

 

Population

- 2008 (mid-year estimate): 86,116,559 (13th)

- 1999 census 76,323,173

- Density: 253/km2 (46th); 655/sq mi

 

GDP (PPP) 2007 estimate: Total $221.614 billion (46th); Per capita $2,589 (128th)

GDP (nominal) 2007 estimate: Total $70.943 billion (60th); Per capita $828 (140th)

 

Gini (2002): 37 (medium) (59th)

HDI (2007): ▲ 0.733 (medium) (105th)

Currency: đồng (₫) (VND)

 

Time zone UTC+7 (UTC+7)

- Summer (DST) No DST (UTC+7)

Drives on the right

Internet TLD: .vn

Calling code: 84

  

From Wikipedia, the free encyclopedia

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Sardinia is the second-largest island in the Mediterranean Sea (after Sicily).

A part of Italy with regional autonomy granted by the Italian Constitution, Sardinia comprises 24,090 square kilometres (9,301 sq mi). The nearest land masses are (clockwise from north) the French island of Corsica, the Italian Peninsula, Tunisia, and the Spanish Balearic Islands.

The name Sardinia is possibly based on Shardana.

The coasts of Sardinia (1,849 km long) are generally high and rocky, rectilinear for kilometres, with many outstanding headlines, with wide, deep bays and inlets surrounded by smaller islands.

The island, being an ancient territory with rocks that go back through the Palaeozoic Era (up to 500 million years old), does not possess any high mountains because of its long erosion processes. The granite, schist, tranchite, basalt (called "jars" or "gollei"), sandstone, and dolomite limestone (called tonneri or "heels") rocky highlands predominate at a height of between 300 and 1,000 metres. The entire territory of the island is non-seismic.

The Gennargentu is a large mountain massif in the center of the island; its highest peak is Punta La Marmora (1,834 m). Other ranges are Monte Limbara (1,362 m) in the north east, the Chain of Marghine and Goceano (1,259 m), that runs crosswise for 40 km towards the north, the Monte Albo (1057 meters), The Chain of Sette Fratelli in the south east, and the Sulcis Mountains and the Monte Linas (1236 meters) in the south west . The island's massifs and plateaus are separated by large alluvial valleys and flatlands; the main plains are the Campidano, located in the southwest between Oristano and Cagliari, and the Nurra, in the northwest.

Sardinia has few major rivers; the largest are the Tirso, which has a length of 151 km (94 miles) and flows into the Sea of Sardinia, the Coghinas (115 km) and the Flumendosa (127 km). There are 54 artificial lakes and dams to provide water supply and electricity, the main ones are the Lake Omodeo and Lake Coghinas. The only natural freshwater lake is Baratz Lake. A high number of large, salty lakes and lagoons are located along the 1,850 km of its coasts.

The climate is typical of the Mediterranean. The weather is clear. During the year approximately 300 days are sunny and the few others are rainy, with a major concentration of rainfall in the winter and autumn, some heavy showers in the spring, and snowfalls on the highest massifs and highlands.

 

La Sardegna è un'isola e una regione autonoma a statuto speciale facente parte della Repubblica Italiana. Lo statuto speciale, sancito nella Costituzione della Repubblica Italiana del 1948, garantisce una larga autonomia amministrativa e culturale alle istituzioni di una regione depositaria di una millenaria civiltà con singolari peculiarità etniche e linguistiche. Nonostante l'accentuata insularità, la posizione strategica al centro del mar Mediterraneo ha favorito sin dall'antichità l'interesse delle varie potenze coloniali, agevolando sì i rapporti commerciali e culturali ma anche un succedersi di varie dominazioni straniere. In epoca moderna molti viaggiatori e scrittori hanno esaltato la bellezza della Sardegna, immersa in un ambiente in gran parte incontaminato, che ospita un paesaggio botanico e faunistico con specie uniche, nel quale si trovano poi le vestigia della civiltà nuragica. Ben conosciuta nell'antichità sia dai Fenici che dai Greci, fu da questi ultimi chiamata Hyknusa o Ichnussa (Ιχνουσσα), o ancora Sandalyon per la somiglianza dell'intera conformazione costiera all'impronta di un piede [3], mentre i Latini la identificavano con il nome di Sardinia. In una stele in pietra risalente all'VIII / IX secolo a.C. ritrovata nell'odierna Pula, città corrispondente dell'antica Nora, appare scritto in fenicio la parola b-šrdn che significa in Sardegna, a testimonianza che tale toponimo era già presente sull'Isola all'arrivo dei mercanti fenici. La stele di Nora rappresenta il più antico documento scritto della storia occidentale e secondo gli studiosi costituisce un dato linguistico riguardante la Sardegna in Sardegna, confermando che l'origine del toponimo è da attribuire agli Shardana, una popolazione di navigatori-guerrieri identificata con le genti sardo-nuragiche.

La Regione adotta quale sua bandiera quella tradizionale della Sardegna Nell'emblema dei quattro mori i Sardi riconoscono la loro appartenenza identitaria, ed il suo uso è documentato costantemente a partire dalla costituzione del regno di Sardegna e Corsica (1324) fino alla nascita della Regione Autonoma. Per estensione costituisce la seconda isola italiana e dell'intero Mediterraneo (23.821 km²) nonché la terza regione italiana, avendo una superficie complessiva di 24.090 km². La lunghezza tra i suoi punti più estremi (Punta Falcone a nord e Capo Teulada a sud) è di 270 km, mentre 145 sono i km di larghezza (da Capo dell'Argentiera a ovest, a Capo Comino ad est). Gli abitanti sono 1,68 milioni, per una densità demografica di 69 abitanti per km². Dista 187 km dalle coste della Penisola, dalla quale è separata dal Mar Tirreno, mentre il Canale di Sardegna la divide dalle coste tunisine che si trovano 184 km più a sud. A nord, per 11 km, le bocche di Bonifacio la separano dalla Corsica e il Mar di Sardegna, a ovest, dalla Penisola iberica e dalle isole Baleari.Le montagne sono il 13,6% del territorio (4.451 km²) e sono formate da rocce molto antiche e livellate dal lento e continuo processo di erosione. Culminano nella parte centrale dell'Isola con Punta La Marmora, a 1.834 m s.l.m, nel Massiccio del Gennargentu[5]. Da nord, si distinguono i Monti di Limbara (1.362 m), i Monti di Alà (1.090 m), il Monte Rasu (1.259 m), il Monte Albo (1.127 m) e il Supramonte con il Monte Corràsi di Oliena (1.463 m). A sud il Monte Linas (1.236 m) e i Monti dell'Iglesiente che digradano verso il mare con minori altitudini[6].

Le zone pianeggianti occupano il 18,5% del territorio (per 3.287 km²); la pianura più estesa è il Campidano che separa i rilievi centro settentrionali dai monti dell'Iglesiente, mentre la piana della Nurra si trova nella parte nord-occidentale tra le città di Sassari, Alghero e Porto Torres. I fiumi hanno prevalentemente carattere torrentizio. I più importanti sono il Tirso, il Flumendosa,il Mannu, il Coghinas, il Cedrino, il Temo. I maggiori sono sbarrati da imponenti dighe che formano ampi laghi artificiali utilizzati principalmente per irrigare i campi, tra questi il bacino del lago Omodeo, il più vasto d'Italia. Seguono poi il bacino del Flumendosa, del Coghinas, del Posada. L'unico lago naturale è il lago di Baratz situato a nord di Alghero.

Le coste si articolano nei golfi dell'Asinara a settentrione, di Orosei a oriente, di Cagliari a meridione e di Alghero e Oristano a occidente. Per complessivi 1.897 km, sono alte, rocciose e con piccole insenature che a nord-est diventano profonde e s'incuneano nelle valli (rias). Litorali bassi e sabbiosi, talvolta paludosi si trovano nelle zone meridionali e occidentali: sono gli stagni costieri, zone umide importanti dal punto di vista ecologico. Molte isole ed isolette la circondano e tra queste la più grande è l'isola di Sant'Antioco (109 km²), seguono poi l'isola dell'Asinara (51 km²), l'isola di San Pietro (50 km²), l'isola della Maddalena (20 km²), Caprera (15 km²)[8].

La Sardegna è divisa storicamente in regioni interne che derivano direttamente, sia nella denominazione che nell'estensione, dai distretti amministrativi, giudiziari ed elettorali dei regni giudicali, le curatorie (in sardo curadorias o partes) che ricalcavano una suddivisione territoriale ben più antica operata delle tribù nuragiche. Alcune denominazioni non sono più in uso, mentre altre hanno resistito fino ad oggi e sono ancora correntemente utilizzate dai Sardi. Ecco quelle più conosciute: Anglona, Barbagia, Barigadu, Baronie, Campidano, Logudoro, Gallura, Goceano, Mandrolisai, Marghine, Marmilla, Meilogu, Monteacuto, Montiferru, Nurra, Ogliastra, Planargia, Quirra, Romangia, Sarcidano, Sarrabus-Gerrei, Sulcis Iglesiente, Trexenta.

La storia geologica della Sardegna, insieme a quella della Corsica, sua isola gemella, iniziò circa 100 milioni di anni fa attraverso gli spostamenti e gli scontri tra la grande placca africana, quella eurasiatica e quella nord-atlantica. Tra 35 e 13 milioni di anni fa lungo la costa che attualmente va dalla Catalogna alla Liguria, questi fenomeni originarono una profonda frattura i cui relativi lati rocciosi sono ancora visibili tra i graniti cristallini che affiorano oggi in Provenza, nel massiccio dell'Esterel, tra Cannes e Fréjus, e poi oltre il Mare di Sardegna, sulla costa sud-occidentale corsa e su quella nord e nord-occidentale sarda. Lungo questa spaccatura, circa 30 milioni di anni fa, si originò il distacco di una micro-placca che comprendeva a nord-est le attuali Sardegna e Corsica, e più a sud-ovest il complesso delle isole Baleari. Conseguentemente, la rotazione della placca sardo-corsa in senso antiorario, nel suo progredire determinò il sollevamento dal mare della catena degli Appennini e delle Alpi Apuane. Furono queste le cause che portarono la Sardegna e la Corsica a migrare dalla parte continentale. Esse raggiunsero la loro posizione attuale circa 6-7 milioni di anni fa e al fenomeno della migrazione si aggiunse più tardi la tensione di apertura del Mar Tirreno, che creò conseguentemente la conformazione orientale tra le due isole e la Penisola italiana. Benché nel passato sono stati documentati dei terremoti, la Sardegna è ritenuta una zona non sismica. Sul suo territorio infatti non passano faglie che possano generare terremoti di rilievo. Gli unici risentimenti macrosismici appartengono a scosse che sono avvenute e potranno avvenire nel Tirreno centrale e meridionale.

Il clima mediterraneo è tipico di gran parte della Sardegna. Lungo le zone costiere, dove risiede la gran parte della popolazione, grazie alla presenza del mare si hanno inverni miti con temperatura quasi mai sotto lo zero. Le estati sono calde e secche, caratterizzate da una notevole ventilazione. Il basso tasso di umidità permette di sopportare le elevate temperature estive che raggiungono normalmente i 35 °C. Nelle zone interne il clima è più rigido. Sui massicci montuosi nei mesi invernali nevica frequentemente e le temperature scendono sotto lo zero. D'estate si mantiene fresco, soprattutto durante le ore notturne e raramente fa caldo per molti giorni consecutivi. Le precipitazioni risultano essere particolarmente scarse lungo le coste e nella zona meridionale, con medie inferiori ai 500 mm annui; in particolare, la località di Capo Carbonara fa registrare il valore minimo assoluto dell'intero territorio nazionale italiano, con una media di soli 266 mm annui. Nelle aree interne la piovosità media è di 500-800 mm. In prossimità dei principali rilievi montuosi si registrano i maggiori valori pluviometrici che possono anche superare i 1000 mm annui. Per sopperire al problema della siccità, dalla fine dell'Ottocento ad oggi, sono stati realizzati sull'intero territorio isolano circa 50 bacini idrografici, molti dei quali dotati di centrali idroelettriche. La Sardegna è inoltre una regione molto ventosa. I venti dominanti sono il Maestrale e lo Scirocco. Il primo mitiga le temperature estive, ma spesso a causa della sua elevata velocità crea danni non indifferenti all'agricoltura favorendo la propagazione degli incendi; il secondo si rivela particolarmente dannoso in tarda primavera, quando si intensifica l'evapotraspirazione che causa stress idrici alle colture non irrigue.

 

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Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

IMF's Director, Western Hemisphere Department Alejandro Werner and Governor of the Central Bank of Chile Mario Marcel Cullell spoke in the session Governor Talks - Chile - Autonomy, Credibility and Communication of Central Banks held at the IMF Headquarters during the 2019 IMF/World Bank Annual Meetings, October 18, 2019 in Washington, DC. IMF Photograph/Ryan Rayburn

Italien / Piemont - Cannobio

 

Cannobio is a town and comune on the river Cannobino and the shore of Lago Maggiore in Piedmont, Italy.

 

History

 

The local inhabitants probably became subject to Roman rule by the time of the emperor Augustus. Sarcophagi from the 2nd–3rd century CE have been found and conserved in the "Palazzo della Ragione".

 

The first documented mention of Cannobio dates to 909. During medieval times, the town became a center for wool and tanning industries, as well as the lumber trade. Cannobio was named as a village by 1207, and was granted administrative autonomy. The Palazzo della Ragione was constructed by 1291 under the government of the podestà Ugolino da Mandello.

 

Cannobio was assigned to the archdiocese of Milan and from 1817 was under the authority of the bishop of Novara. Its "pieve" comprised the areas of Cannobina, Cannero, Brissago and several areas on the eastern side of the lake. The church of St. Vittore, already present in 1076, and with a bell tower from the 13th century, was completely rebuilt between 1733 and 1749. Autonomous rule for the community of Cannobio and its valley came about in 1342, with the spontaneous submission to Luchino and Giovanni Visconti, lords of Milan. From then on, its administration remained closely connected to that of the Duchy of Milan.

 

In 1522 a painting of the Virgin Mary allegedly started bleeding. Shortly after this apparition, a plague swept through the area devastating lakeside and valley towns and villages, but leaving Cannobio relatively unscathed. Religious minds linked these two events and Cardinal Charles Borromeo ordered a chapel to be built to hold the painting which is still there today.

 

The economy went through a renewal in the 15th and 16th centuries. The built-up area spread from the original nucleus (the village) down towards the lake. Large residences were built including the Omacini and Pironi palaces.

 

During the Risorgimento the town repelled an Austrian attack from the lake (27–28 May 1859) and was visited by Giuseppe Garibaldi in 1862. The opening of the lakeside road to the Swiss border in 1863 created favorable conditions for the arrival of factories, including silk mills.

 

In 1927 the territory of the comune of Cannobio was extended to incorporate some small villages in the vicinity (Traffiume, Sant’Agata, San Bartolomeo). During the Second World War the people of Cannobio rose up against the Nazi and fascist regime, from 2 to 9 September 1944, and proclaimed the Republic of the Ossola. Since the end of the war the community has undergone further changes. From 1995 the town has come within the Province of Verbano-Cusio-Ossola.

 

Main sights

 

The large lakefront piazza named after King Victor Emmanuel III was given a major refurbishment when in the winter of 2003–04 it was completely relaid in cobblestones and granite slabs. Also added was of a set of wide flagstone steps down to the lake, where people may sit and watch the lake steamers come and go from the landing stages nearby, and the sailing boats and wind-surfers skimming across the lake.

 

Some of the buildings both on the lakefront and further back in the old part of town date back over 600 years, from when Cannobio was a renowned smuggling town, and most of these have been restored in fine style.

 

From one, Giuseppe Garibaldi addressed the people of Cannobio in 1859, and on another stands a plaque celebrating an important event in Cannobio in 1627. Each building is painted a different colour, creating a traditional Italian port scene. To one side of the Piazza is Cannobio’s old harbour, which houses the sailing, rowing and speedboats belonging to the locals.

 

The Santuario della Pietà church commemorates the events of 1522, when a painting of the Virgin Mary was believed to have bled. With its open dome it stands by the lakeside. The painting itself is now housed in another church in the town, and though it is not removed itself, a "Sacra Costa", representing the painting, is processed through the streets on 7 January every year.

 

Cannobio has its own "Lido" at the north end of town with a large sandy beach. The beach has a European Union Blue Flag for its cleanliness and facilities.

 

(Wikipedia)

 

Cannobio (nicht zu verwechseln mit Canobbio in der Schweiz) ist eine italienische Gemeinde in der Provinz Verbano-Cusio-Ossola (VB) in der Region Piemont und ist Träger der Bandiera Arancione des TCI.

 

Geographie

 

Die Gemeinde liegt am westlichen Ufer des Lago Maggiore und ist die erste größere Ortschaft nach der Grenze zur Schweiz in Piaggio Valmara. Cannobio liegt auf dem Schwemmkegel des Flüsschens Cannobino, im Hinterland dehnt sich das Valle Cannobina aus.

 

Die Gemeinde umfasst eine Fläche von 52,53 km². Zu Cannobio gehören die Fraktionen Campeglio, Carmine Superiore, Carmine Inferiore, Cinzago, Formine, Marchile, Piaggio Valmara, Pianoni, Ronco, Sant’Agata, San Bartolomeo Valmara, Socraggio, Socragno und Traffiume.

 

Geschichte

 

Cannobio war vermutlich schon in vorrömischer Zeit besiedelt. Der Name geht zurück auf das römische Canobinum. Zur Römerzeit galt der Ort wegen seiner günstigen Lage als bedeutendes strategisches und wirtschaftliches Zentrum.

 

929 beherbergte die Ortschaft einen Königshof (curtis regia). Die Anlage wurde später den Erzbischöfen von Mailand unterstellt. 1207 erhielt Cannobio den Titel eines Borgo.

 

Im 12. Jahrhundert wurde die Stadt eine freie Kommune, bis sie sich 1342 freiwillig der Familie Visconti unterwarf, deren Herrschaft 1441 als Lehensherrschaft an Vitaliano Borromeo überging. Von dieser Epoche zeugen bis heute die zwischen dem 14. und 19. Jahrhundert erbauten Paläste.

 

Sehenswürdigkeiten

 

Cannobio besitzt einen historischen Stadtkern und ist ein beliebtes Ausflugsziel.

 

Die Pfarrkirche San Vittore mit romanischem Turm wurde im 17. Jahrhundert erbaut, die Eingangsfassade stammt aus dem Jahr 1842. Sie beherbergt eine Orgel von Luigi Maroni Biroldi aus Varese aus dem Jahr 1837.

 

Die Wallfahrtskirche Santissima Pietà wurde 1575–1614 erbaut, dann 1583 von Sankt Karl Borromäus nach einem Entwurf von Pietro Beretta aus Brissago TI wieder aufgebaut. Die Fassade ist das Ergebnis einer Rekonstruktion von Febo Bottini von 1909. Das Innere besteht aus einem einzigen Schiff mit einer üppigen barocken Dekoration. Über dem Altar befindet sich ein wertvolles Altarbild Aufstieg zum Kalvarienberg von Gaudenzio Ferrari und Giovan Battista della Cerva.

 

Das Oratorium Santa Marta wurde 1581 erbaut und zeigt über dem Hochaltar das Gemälde Madonna col Bambino des Malers Camillo Procaccini (* 3. März 1561 in Parma; † 21. August 1629 in Mailand).

 

Der Palazzo della Ragione, genannt Parrasio, wurde zwischen 1291 und 1294 vom Podestà Ugolino Mandello erbaut und im Laufe des 17. Jahrhunderts umgebaut.

 

Der städtische Turm in romanischer Bauweise stammt aus dem 12. Jahrhundert. Es ist aus Stein gebaut und ist eigentlich der Glockenturm der alten Kirche San Vittore.

 

Die Rocca Vitaliana ist als die Burgen von Cannero bekannt. Auf den Felseninseln, die aus dem Wasser des Sees hervorgehen, kann man die Ruinen alter Festungsanlagen sehen. Sie wurden zwischen dem 11. und 12. Jahrhundert gebaut.

 

Uferpromenade

 

Markt an der Promenade (sonntags)

 

Hängebrücke Ponte ballerino (Tänzerbrücke) über den Fluss Cannobino.

 

Lido Cannobio, ein sehr schöner öffentlicher Badestrand mit Liegewiese

 

In der Umgebung:

 

Tal und Schlucht des Gießbaches Cannobino

Kirche Sant’Anna erbaut 1638 hoch über der Schlucht des Cannobino

Kirche Sant’Agata mit Aussicht auf den Lago Maggiore

Mineralwasserquelle Fonte Carlina

Mittelalterliches Dorf Carmine Superiore

 

Regelmäßige Veranstaltungen

 

Jedes Jahr am Vorabend des 8. Januar findet in Cannobio das Fest der Allerheiligsten Pietà mit einer eindrucksvollen Lichterprozession statt.

 

(Wikipedia)

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Genital Autonomy Seminar: Understanding the Psychological Harm of Male Circumcision @ Keele University, UK, 2013

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Bladerunner and HMS Archer with Tower Bridge in the background during trials in the river Thames. Picture: POA(Phot) Owen Cooban

 

Today the UK’s Maritime Autonomy Surface Testbed (MAST), an unmanned surface vessel (USV) based on the innovative BLADERUNNER hull shape, has undergone trials in the Tidal Thames.

MAST is being developed by Portchester-based ASV Ltd, under research funding from the Defence Science and Technology Laboratory (DSTL), providing a testbed to host a range of new technologies which allows the Ministry of Defence to test and evolve tactics for employing maritime autonomous systems.

 

The 32ft MAST is one of over 40 Autonomous Systems taking part in Unmanned Warrior 2016 this autumn, off West Wales and NW Scotland and the Western Isles.

DDC-16-273

 

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Case IH Trident 5550 applicator with Raven Autonomy technology, the agriculture industry’s first autonomous spreader showcases autonomous agricultural solutions at the Farm Progress show in Boone, IA, on August 31, 2022.

To address human and economic resource shortages, they are utilizing autonomy, wireless connectivity, sub-inch GPS accuracy, sensor technology, data-based information, control and guidance systems, and more to make existing farm tractors with grain carts more efficient. Here, farm equipment has been retrofitted to add autonomous control from a smart tablet. With a single button push, tractors pulling grain carts can be summoned into precise alignment and movement next to a moving harvester to increase safety and efficiency and reduce spillage. Autonomous equipment, equipped with sensors, cameras, and specialized controls, can operate in a field where other operators work and recognize fields not yet harvested and harvested. The black OMNiPOWER 3200 is an autonomous driverless cab-less applicator spreader, 120-food boom sprayer, and air seeder programed or controlled by a smart tablet. Its safety systems allow it to work in occupied fields. The four-wheel hydraulic drive and steer systems can utilize front, rear, or four-wheel steering to turn on a dime. USDA media by Lance Cheung.

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

. . . that´s why we call it "skyscraper" . . .

______________________________

 

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

ABOUT A FREE REPUBLIC OF MUNICIPALITIES OF MEXICO

 

Not prepared to live without political campaigns proposed real significance, therefore, important and urgent to address what is federalism and municipal autonomy. If federalism is to centralize powers soon dispersed, as happened in the United States, can also be used to decentralize power unit originally as Mexico, then why not go throw the stale chimera. I refer to this goal is not reached in the town where they develop on their own concept of autonomy, freed from the shackles that Constitutional Article 115 states.

 

Or break the straitjacket that the legislatures that have local councils have the power to suspend, revoke the mandate of some of its members, and even reported missing, is the clearest language of castration, and co antithesis of the so-called municipal autonomy hanging like a sword of Damocles over the head of the local authorities.

 

The City first appeared in the public law of Rome. With the passage of time and taking advantage of the weakness of the monarchy during the Middle Ages, the ancient city, now with Germanic influence strengthened its independence especially in Spain. Since then it has become a natural bearer of freedom.

 

Would not understand the idea of free city in Mexico without first knowing the modern idea of the federal system. This form of government has been determined by the United States of America.

 

American federalism was born and before and after the War of Independence (1775 to 1783). He met a congress of representatives of the assemblies of the seven colonies, adopted the "Plan of Union of Albany, whose architect was Benjamin Franklin. That first original program and the federal government in the year 1754 is considered the starting point of all subsequent developments. But this conference was not accepted by the colonial assemblies, as they should not cede any power to tax and rates.

 

On the initiative of the chamber of Massachusetts in October 1765 met in New York the First Congress intercolonial revolutionary tendencies of the law that censored tone. That was the first concept of Americanism, as the representative of South Carolina said: "We must stand firm in the vast field of natural rights. Here there must be citizens of either New York or New England, but we are all Americans.

When England tried to punish Massachusetts, the other colonies made common cause with it, which set the tone for the first continental congress and mature constitutionalism in America. Unlike the spontaneous naturalness that gave life to the federal pact in U.S., Mexico and existed as a unitary state when they are copied and adopted the American form of government in 1824.

 

At the consummation of Mexico's independence in 1821, several states were emerging in the independent living, but a unitary state that corresponded to the former viceroyalty. Members of the first constituent assembly meeting in 1822, sent its representatives to the new united previously declared unitary state, including the institutions of Central America (which had not belonged to New Spain) and then send its representatives to that meeting.

 

Iturbide dissolved the Constituent first rebellion erupted in the House led by Santa Ana Mata Waking the ambition of the provincial councils of the Constitution of Cadiz. But it's the fall of the empire of Agustín de Iturbide and reinstalled the component, where some provinces demanded the introduction of the new federal system.

 

The Second Constitutional Congress issued its Constitutive Act on January 31, 1824. Where he recorded the first genuine constitutional decision of the Mexican people and it first appeared, in fact and in law the states. Prior law did not exist. Nor in fact existed, because the threats of secession by some provinces such as Oaxaca, Jalisco and Zacatecas immediately preceding the adoption of the system can not be interpreted as de facto integration of independent states that were never established, but as a means of pressure and form of rebellion, and later in our history has always repeated that the authorities of a state declared that it "reaffirms its sovereignty." In sum, rather than the states that have given life to the "ACT" as in United States of America, here the "ACT" begat states.

 

As explained above if federalism is to centralize powers soon spread, should be used to decentralize powers previously consolidated, following the most pure root of our history. For what really bring the federal states and municipalities?

 

Dissect federalism is a form of decentralization. There are three degrees: the commune or municipality, which has some administrative autonomy within the framework and under the supervision of the central state, the autonomous province which is given political autonomy, but the constitution of which it is imposed by the dominant state, the state member Land or enjoys constitutional autonomy.

 

The municipality is also a free phenomenon of decentralization. But until now has failed to govern themselves Why? The law establishing the local bodies and the competition brings is issued by the legislatures of the states. Then the town is devoid of self-legislation.

 

This is a real insult to municipal autonomy, because he was discriminated against and excluded the possibility of granting its own law. Even the so-called autonomous status as the side of Police and Good Government can not be regarded as legislation in spite of its generality, but as a development of the laws issued by the central legislative body, making it clear that the issuance of the municipal organic law in no case the responsibility of the municipal body is in itself a contradiction to the nature of the town free from the time that the Constitution placed the town in the free base of the territorial division and political and administrative organization of the states.

 

Contrapunto and constitutional chaos that inevitably naked in paragraph III of Article 115 provides constitutional when "that municipalities are vested with legal personality for all legal purposes." That juncture, however, should serve as first steps towards municipal decentralization, to the disappearance of the federal state.

What is madness? What then was the first act of government of Hernán Cortés when he stepped on land that would be Mexican. The foundation of Veracruz, an unbounded territory where there was not anything other than glowing dunes and people who govern, then established the first free town of Mexico in what would be the American continent with its own town, who give the conqueror, in the absence of the king, the titles of captain and justice more generally, it gave the authority to undertake that no conquest.

 

The town's name was only a territorial and administrative division, was never a political entity like that of Spain, and as such did not exist in colonial times and has not been possible to create it later. In sum, the town was born from a legal fiction and fulfilled its original purpose was diluted in the mists of the history of Mexico.

 

The federal constitutions forgot the existence of the municipalities and the constitutions were centralists who cares for and organize them to life. The constitutive act, the constitution of 1824, the Reform Act of 1846, and the constitution of 1857 did not devote a single article or to the municipalities. Those from Independence until the triumph of the republic, denied that the disorder suffer.

 

The constituent of Querétaro for the first time, been concerned to bring the Constitution the principle of freedom municipal nevertheless suffered from an element that was essential: financial autonomy. This situation caused discrepancies, disoriented and divided constituents to 17. The haste with which they were held to constituent assemblies of the Queretaro left substantial gaps: defending the town against the state through a system of guarantees and financial autonomy for the town reach its constitutional freedom.

 

This situation has been exploited by the constitutions of the states to undermine the town and has a Valladar to access democracy. Since then there have been various reforms to Article 115 which only have the text-up, without releasing the actual chains that prevent the town reach a real autonomy. The minimum requirements (water and sewerage, public lighting, clean public markets and slaughter plants, pantheons, track, streets, parks and gardens, public safety and transit) are a straightjacket, precluding Torales problems such as economics, exploitation and preservation of natural resources, operation of ports and marine platform, target cultural resources, environmental programs integrated territorial restructuring designed to extend the legal estate of the municipalities, preservation, dissemination and promotion of cultural heritage, issuing franchises municipal expansion and recruitment of resources to their wealth and power to legislate and codify a right to gather in an urban Corpus Juris the current dispersed and inadequate on these issues that are beyond the minimum obligations and therefore do not reach category of constitutional values. Anyway, nothing to do with the gifts that you receive today.

 

The flight from the country of 15 million impoverished farmers is proof that the federal state and its status quo, there are no closed roads, the states have historically been a simple and terrible pepenador tax administrator, who has shelved his political role to become a state of repression Contumazá to the masses of impoverished peasants and workers by recurrent crises, ruled by interim executives. (Chiapas and Guerrero, Oaxaca, B. California, Tabasco, Veracruz, Quintana Roo are incontrovertible examples of this). A generator, expensive, heavy and inefficient bureaucracy, becoming an enemy of smooth municipal autonomy.

 

The broad spectrum of federalism would try an exercise that is designed not so far, then it is plausible to propose THE DISAPPEARANCE OF THE FEDERATED STATES AND IN ITS PLACE, THE BUILDER "FREE REPUBLIC OF MUNICIPALITIES OF MEXICO", to give its real dimension to decentralization pursued both entities and there is no intermediate authority between them, after constitutional reforms required.

 

This would have an initial impact: to strengthen the cultural, political, social and economic status of regions and localities, beyond mere territorial divisions, administrative and political letterhead. Fortunately, the village has retained its roots, the customs of their region to be truly universal, persisted over time, as in the Huasteca, but have never picked precisely for these reasons.

 

A useful tool would be to take the best of globalization as it is cutting-edge technology in communications, for two purposes: To strengthen our identity, enter the virtual world trade and galvanize our conception of homeland, to prevent crises or runaway organized live and which threaten to pulverize the country, as the Plan Puebla _Panamá, which aims to harness the immense riches of the underground city, so please go step by the folly and greed.

 

Do not let pass this lesson you have given us the U.S. economy, which might well avoided attempting to other regulatory options taken from our own historical and political prosapia.

 

fabricantedespejos.blogspot.com/2008/10/eliminacin-del-fa...

   

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

Event - Welshot Imaging

Models - Autonomy

Hong Kong (香港; "Fragrant Harbour"), officially Hong Kong Special Administrative Region of the People's Republic of China, is an autonomous territory on the southern coast of China at the Pearl River Estuary and the South China Sea. Hong Kong is known for its skyline and deep natural harbour. It has an area of 1104 km2 and shares its northern border with the Guangdong Province of Mainland China. With around 7.2 million Hongkongers of various nationalities, Hong Kong is one of the world's most densely populated metropolises.

 

After the First Opium War (1839–42), Hong Kong became a British colony with the perpetual cession of Hong Kong Island, followed by Kowloon Peninsula in 1860 and a 99-year lease of the New Territories from 1898. Hong Kong remained under British control for about a century until the Second World War, when Japan occupied the colony from December 1941 to August 1945. After the Surrender of Japan, the British resumed control. In the 1980s, negotiations between the United Kingdom and the People's Republic of China resulted in the 1984 Sino-British Joint Declaration, which provided for the transfer of sovereignty of Hong Kong on 30 June 1997. The territory became a special administrative region of China with a high degree of autonomy on 1 July 1997 under the principle of one country, two systems. Disputes over the perceived misapplication of this principle have contributed to popular protests, including the 2014 Umbrella Revolution.

 

In the late 1970s, Hong Kong became a major entrepôt in Asia-Pacific. The territory has developed into a major global trade hub and financial centre. The 44th-largest economy in the world, Hong Kong ranks top 10 in GDP (PPP) per capita, but also has the most severe income inequality among advanced economies. Hong Kong is one of the three most important financial centres alongside New York and London, and the world's number one tourist destination city. The territory has been named the freest market economy. The service economy, characterised by free trade and low taxation, has been regarded as one of the world's most laissez-faire economic policies, and the currency, the Hong Kong dollar, is the 13th most traded currency in the world.

 

The Hong Kong Basic Law empowers the region to develop relations and make agreements directly with foreign states and regions, as well as international organizations, in a broad range of appropriate fields. It is an independent member of APEC, the IMF, WTO, FIFA and International Olympic Committee among others.

 

Limited land created a dense infrastructure and the territory became a centre of modern architecture, and one of the world's most vertical cities. Hong Kong has a highly developed public transportation network covering 90 per cent of the population, the highest in the world, and relies on mass transit by road or rail. Air pollution remains a serious problem. Loose emissions standards have resulted in a high level of atmospheric particulates. Nevertheless, Hongkongers enjoy the world's longest or second longest life expectancies.

 

NAME

It is not known who was responsible for the Romanisation of the name "Hong Kong" but it is generally believed to be an early imprecise phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name 香港, meaning "Fragrant Harbour". Before 1842, the name referred to a small inlet—now Aberdeen Harbour (香港仔, Sidney Lau: heung1gong2 jai2, Jyutping: hoeng1gong2 zai2, or Hiong1gong3 zai3 in a form of Hakka, literally means "Little Hong Kong")—between Aberdeen Island and the south side of Hong Kong Island, which was one of the first points of contact between British sailors and local fishermen. As those early contacts are likely to have been with Hong Kong's early inhabitants, the Tankas (水上人), it is equally probable that the early Romanisation was a faithful execution of their speech, i.e. hong1, not heung1. Detailed and accurate Romanisation systems for Cantonese were available and in use at the time.

 

The reference to fragrance may refer to the sweet taste of the harbour's fresh water estuarine influx of the Pearl River, or to the incense from factories, lining the coast to the north of Kowloon, which was stored near Aberdeen Harbour for export before the development of the Victoria Harbour.

 

In 1842, the Treaty of Nanking was signed and the name, Hong Kong, was first recorded on official documents to encompass the entirety of the island.

 

The name had often been written as the single word Hongkong until the government adopted the current form in 1926. Nevertheless, a number of century-old institutions still retain the single-word form, such as the Hongkong Post, Hongkong Electric and the Hongkong and Shanghai Banking Corporation.

 

The full official name, after 1997, is "Hong Kong Special Administrative Region of the People's Republic of China". This is the official title as mentioned in the Hong Kong Basic Law and the Hong Kong Government's website; however, "Hong Kong Special Administrative Region" and "Hong Kong" are widely accepted.

 

Hong Kong has carried many nicknames: the most famous among those is the "Pearl of the Orient", which reflected the impressive night-view of the city's light decorations on the skyscrapers along both sides of the Victoria Harbour. The territory is also known as "Asia's World City".

 

HISTORY

PRE-BRITISH

Archaeological studies support human presence in the Chek Lap Kok area (now Hong Kong International Airport) from 35,000 to 39,000 years ago and on Sai Kung Peninsula from 6,000 years ago.

 

Wong Tei Tung and Three Fathoms Cove are the earliest sites of human habitation in Hong Kong during the Paleolithic Period. It is believed that the Three Fathom Cove was a river-valley settlement and Wong Tei Tung was a lithic manufacturing site. Excavated Neolithic artefacts suggested cultural differences from the Longshan culture of northern China and settlement by the Che people, prior to the migration of the Baiyue (Viets) to Hong Kong. Eight petroglyphs, which dated to the Shang dynasty in China, were discovered on the surrounding islands.

 

ANCIENT CHINA

In 214 BC, Qin Shi Huang, the first emperor of China, conquered the Baiyue tribes in Jiaozhi (modern Liangguang region and Vietnam) and incorporated the territory into imperial China for the first time. Modern Hong Kong was assigned to the Nanhai commandery (modern Nanhai District), near the commandery's capital city Panyu. In Qin dynasty, the territory was ruled by Panyu County(番禺縣) up till Jin Dynasty.

 

The area of Hong Kong was consolidated under the kingdom of Nanyue (Southern Viet), founded by general Zhao Tuo in 204 BC after the collapse of the short-lived Qin dynasty. When the kingdom of Nanyue was conquered by the Han Dynasty in 111 BC, Hong Kong was assigned to the Jiaozhi commandery. Archaeological evidence indicates that the population increased and early salt production flourished in this time period. Lei Cheng Uk Han Tomb on the Kowloon Peninsula is believed to have been built during the Han dynasty.

 

IMPERIAL CHINA

Started from Jin dynasty to early period of Tang dynasty, the territory that now comprises Hong Kong was governed by Bao'an County (寶安縣). In Tang dynasty, the Guangdong region flourished as an international trading center. The Tuen Mun region in what is now Hong Kong's New Territories served as a port, naval base, salt production centre and later, base for the exploitation of pearls. Lantau Island was also a salt production centre, where the salt smugglers riots broke out against the government.

 

Under the Tang dynasty, the Guangdong (Canton) region flourished as a regional trading centre. In 736 AD, the first Emperor of Tang established a military stronghold in Tuen Mun in western Hong Kong to defend the coastal area of the region. The first village school, Li Ying College, was established around 1075 AD in the modern-day New Territories under the Northern Song dynasty. After their defeat by the Mongols, the Southern Song court briefly moved to modern-day Kowloon City (the Sung Wong Toi site), before its final defeat at the Battle of Yamen.

 

From the mid-Tang dynasty to early Ming dynasty, the territory that now comprises Hong Kong was governed by Dongguan County (東莞縣/ 東官縣). In Ming dynasty, the area was governed by Xin'an County (新安縣) before it was colonized by the British government. The indigenous inhabitants of what is now Hong Kong are identified with several ethnicities, including Punti, Hakka, Tanka) and Hoklo.

 

The earliest European visitor on record was Jorge Álvares, a Portuguese explorer who arrived in 1513. Having founded an establishment in Macau by 1557, Portuguese merchants began trading in southern China. However, subsequent military clashes between China and Portugal led to the expulsion of all Portuguese merchants from the rest of China.

 

In the mid-16th century, the Haijin order (closed-door, isolation policy) was enforced and it strictly forbade all maritime activities in order to prevent contact from foreigners by sea. From 1661 to 1669, Hong Kong was directly affected by the Great Clearance of the Kangxi Emperor, who required the evacuation of coastal areas of Guangdong. About 16,000 people from Hong Kong and Bao'an County were forced to emigrate inland; 1,648 of those who evacuated were said to have returned after the evacuation was rescinded in 1669.

 

BRITSH CROWN COLONY 1842–1941

In 1839, the refusal of Qing authorities to support opium imports caused the outbreak of the First Opium War between the British Empire and the Qing Empire. Qing's defeat resulted in the occupation of Hong Kong Island by British forces on 20 January 1841. It was initially ceded under the Convention of Chuenpee, as part of a ceasefire agreement between Captain Charles Elliot and Governor Qishan. While a dispute between high-ranking officials of both countries led to the failure of the treaty's ratification, on 29 August 1842, Hong Kong Island was formally ceded in perpetuity to the United Kingdom of Great Britain and Ireland under the Treaty of Nanking. The British officially established a Crown colony and founded the City of Victoria in the following year.

 

The population of Hong Kong Island was 7,450 when the Union Flag raised over Possession Point on 26 January 1841. It mostly consisted of Tanka fishermen and Hakka charcoal burners, whose settlements scattered along several coastal hamlets. In the 1850s, a large number of Chinese immigrants crossed the then-free border to escape from the Taiping Rebellion. Other natural disasters, such as flooding, typhoons and famine in mainland China would play a role in establishing Hong Kong as a place for safe shelter.

 

Further conflicts over the opium trade between Britain and Qing quickly escalated into the Second Opium War. Following the Anglo-French victory, the Crown Colony was expanded to include Kowloon Peninsula (south of Boundary Street) and Stonecutter's Island, both of which were ceded to the British in perpetuity under the Convention of Beijing in 1860.

 

In 1898, Britain obtained a 99-year lease from Qing under the Convention for the Extension of Hong Kong Territory, in which Hong Kong obtained a 99-year lease of the Lantau Island, the area north of Boundary Street in Kowloon up to Shenzhen River and over 200 other outlying islands.

 

Hong Kong soon became a major entrepôt thanks to its free port status, attracting new immigrants to settle from both China and Europe alike. The society, however, remained racially segregated and polarised under British colonial policies. Despite the rise of a British-educated Chinese upper-class by the late-19th century, race laws such as the Peak Reservation Ordinance prevented ethnic Chinese in Hong Kong from acquiring houses in reserved areas, such as the Victoria Peak. At this time, the majority of the Chinese population in Hong Kong had no political representation in the British colonial government. There were, however, a small number of Chinese elites whom the British governors relied on, such as Sir Kai Ho and Robert Hotung, who served as communicators and mediators between the government and local population.

 

Hong Kong continued to experience modest growth during the first half of the 20th century. The University of Hong Kong was established in 1911 as the territory's oldest higher education institute. While there was an exodus of 60,000 residents for fear of a German attack on the British colony during the First World War, Hong Kong remained peaceful. Its population increased from 530,000 in 1916 to 725,000 in 1925 and reached 1.6 million by 1941.

 

In 1925, Cecil Clementi became the 17th Governor of Hong Kong. Fluent in Cantonese and without a need for translator, Clementi introduced the first ethnic Chinese, Shouson Chow, into the Executive Council as an unofficial member. Under his tenure, Kai Tak Airport entered operation as RAF Kai Tak and several aviation clubs. In 1937, the Second Sino-Japanese War broke out when the Japanese Empire expanded its territories from northeastern China into the mainland proper. To safeguard Hong Kong as a freeport, Governor Geoffry Northcote declared the Crown Colony as a neutral zone.

 

JAPANESE OCCUPATION 1941–45

As part of its military campaign in Southeast Asia during Second World War, the Japanese army moved south from Guangzhou of mainland China and attacked Hong Kong on 8 December 1941. The Battle of Hong Kong ended with the British and Canadian defenders surrendering control of Hong Kong to Japan on 25 December 1941 in what was regarded by locals as Black Christmas.

 

During the Japanese occupation of Hong Kong, the Japanese army committed atrocities against civilians and POWs, such as the St. Stephen's College massacre. Local residents also suffered widespread food shortages, limited rationing and hyper-inflation arising from the forced exchange of currency from Hong Kong Dollars to Japanese military banknotes. The initial ratio of 2:1 was gradually devalued to 4:1 and ownership of Hong Kong Dollars was declared illegal and punishable by harsh torture. Due to starvation and forced deportation for slave labour to mainland China, the population of Hong Kong had dwindled from 1.6 million in 1941 to 600,000 in 1945, when Britain resumed control of the colony on 30 August 1945.

 

ECONOMY

As one of the world's leading international financial centres, Hong Kong has a major capitalist service economy characterised by low taxation and free trade. The currency, Hong Kong dollar, is the eighth most traded currency in the world as of 2010. Hong Kong was once described by Milton Friedman as the world's greatest experiment in laissez-faire capitalism, but has since instituted a regime of regulations including a minimum wage. It maintains a highly developed capitalist economy, ranked the freest in the world by the Index of Economic Freedom every year since 1995. It is an important centre for international finance and trade, with one of the greatest concentrations of corporate headquarters in the Asia-Pacific region, and is known as one of the Four Asian Tigers for its high growth rates and rapid development from the 1960s to the 1990s. Between 1961 and 1997 Hong Kong's gross domestic product grew 180 times while per-capita GDP increased 87 times over.

 

The Hong Kong Stock Exchange is the seventh largest in the world and has a market capitalisation of US$2.3 trillion as of December 2009. In that year, Hong Kong raised 22 percent of worldwide initial public offering (IPO) capital, making it the largest centre of IPOs in the world and the easiest place to raise capital. The Hong Kong dollar has been pegged to the US dollar since 1983.

 

The Hong Kong Government has traditionally played a mostly passive role in the economy, with little by way of industrial policy and almost no import or export controls. Market forces and the private sector were allowed to determine practical development. Under the official policy of "positive non-interventionism", Hong Kong is often cited as an example of laissez-faire capitalism. Following the Second World War, Hong Kong industrialised rapidly as a manufacturing centre driven by exports, and then underwent a rapid transition to a service-based economy in the 1980s. Since then, it has grown to become a leading centre for management, financial, IT, business consultation and professional services.

 

Hong Kong matured to become a financial centre in the 1990s, but was greatly affected by the Asian financial crisis in 1998, and again in 2003 by the SARS outbreak. A revival of external and domestic demand has led to a strong recovery, as cost decreases strengthened the competitiveness of Hong Kong exports and a long deflationary period ended. Government intervention, initiated by the later colonial governments and continued since 1997, has steadily increased, with the introduction of export credit guarantees, a compulsory pension scheme, a minimum wage, anti-discrimination laws, and a state mortgage backer.

 

The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90% of Hong Kong's food supply, including nearly all of the meat and rice available there. Agricultural activity - relatively unimportant to Hong Kong's economy and contributing just 0.1% of its GDP - primarily consists of growing premium food and flower varieties. Hong Kong is the world's eleventh largest trading entity, with the total value of imports and exports exceeding its gross domestic product. It is the world's largest re-export centre. Much of Hong Kong's exports consist of re-exports, which are products made outside of the territory, especially in mainland China, and distributed via Hong Kong. Its physical location has allowed the city to establish a transportation and logistics infrastructure that includes the world's second busiest container port and the world's busiest airport for international cargo. Even before the transfer of sovereignty, Hong Kong had established extensive trade and investment ties with the mainland, which now enable it to serve as a point of entry for investment flowing into the mainland. At the end of 2007, there were 3.46 million people employed full-time, with the unemployment rate averaging 4.1% for the fourth straight year of decline. Hong Kong's economy is dominated by the service sector, which accounts for over 90% of its GDP, while industry constitutes 9%. Inflation was at 2.5% in 2007. Hong Kong's largest export markets are mainland China, the United States, and Japan.

 

As of 2010 Hong Kong is the eighth most expensive city for expatriates, falling from fifth position in the previous year. Hong Kong is ranked fourth in terms of the highest percentage of millionaire households, behind Switzerland, Qatar, and Singapore with 8.5 percent of all households owning at least one million US dollars. Hong Kong is also ranked second in the world by the most billionaires per capita (one per 132,075 people), behind Monaco. In 2011, Hong Kong was ranked second in the Ease of Doing Business Index, behind Singapore.

 

Hong Kong is ranked No. 1 in the world in the Crony Capitalism Index by the Economist.

 

In 2014, Hong Kong was the eleventh most popular destination for international tourists among countries and territories worldwide, with a total of 27.8 million visitors contributing a total of US$38,376 million in international tourism receipts. Hong Kong is also the most popular city for tourists, nearly two times of its nearest competitor Macau.

  

DEMOGRAPHICS

The territory's population in mid-2015 is 7.30 million, with an average annual growth rate of 0.8% over the previous 5 years. The current population of Hong Kong comprises 91% ethnic Chinese. A major part of Hong Kong's Cantonese-speaking majority originated from the neighbouring Guangdong province, from where many fled during the Second Sino-Japanese War, the Chinese Civil War, and the communist rule in China.

 

Residents of the Mainland do not automatically receive the Right of Abode, and many may not enter the territory freely. Like other non-natives, they may apply for the Right of Abode after seven years of continuous residency. Some of the rights may also be acquired by marriage (e.g., the right to work), but these do not include the right to vote or stand for office. However, the influx of immigrants from mainland China, approximating 45,000 per year, is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit". Life expectancy in Hong Kong is 81.2 years for males and 86.9 years for females as of 2014, making it the highest life expectancy in the world.

 

About 91% of the people of Hong Kong are of Chinese descent, the majority of whom are Taishanese, Chiu Chow, other Cantonese people, and Hakka. Hong Kong's Han majority originate mainly from the Guangzhou and Taishan regions in Guangdong province. The remaining 6.9% of the population is composed of non-ethnic Chinese. There is a South Asian population of Indians, Pakistanis and Nepalese; some Vietnamese refugees have become permanent residents of Hong Kong. There are also Britons, Americans, Canadians, Japanese, and Koreans working in the city's commercial and financial sector. In 2011, 133,377 foreign domestic helpers from Indonesia and 132,935 from the Philippines were working in Hong Kong.

 

Hong Kong's de facto official language is Cantonese, a variety of Chinese originating from Guangdong province to the north of Hong Kong. English is also an official language, and according to a 1996 by-census is spoken by 3.1 percent of the population as an everyday language and by 34.9 percent of the population as a second language. Signs displaying both Chinese and English are common throughout the territory. Since the 1997 Handover, an increase in immigrants from communist China and greater interaction with the mainland's economy have brought an increasing number of Mandarin speakers to Hong Kong.

 

RELIGION

A majority of residents of Hong Kong have no religious affiliation, professing a form of agnosticism or atheism. According to the US Department of State 43 percent of the population practices some form of religion. Some figures put it higher, according to a Gallup poll, 64% of Hong Kong residents do not believe in any religion, and possibly 80% of Hong Kong claim no religion. In Hong Kong teaching evolution won out in curriculum dispute about whether to teach other explanations, and that creationism and intelligent design will form no part of the senior secondary biology curriculum.

 

Hong Kong enjoys a high degree of religious freedom, guaranteed by the Basic Law. Hong Kong's main religions are Buddhism, Taoism and Confucianism; a local religious scholar in contact with major denominations estimates there are approximately 1.5 million Buddhists and Taoists. A Christian community of around 833,000 forms about 11.7% of the total population; Protestants forms a larger number than Roman Catholics at a rate of 4:3, although smaller Christian communities exist, including the Latter-day Saints and Jehovah's Witnesses. The Anglican and Roman Catholic churches each freely appoint their own bishops, unlike in mainland China. There are also Sikh, Muslim, Jewish, Hindu and Bahá'í communities. The practice of Falun Gong is tolerated.

 

PERSONAL INCOME

Statistically Hong Kong's income gap is the greatest in Asia Pacific. According to a report by the United Nations Human Settlements Programme in 2008, Hong Kong's Gini coefficient, at 0.53, was the highest in Asia and "relatively high by international standards". However, the government has stressed that income disparity does not equate to worsening of the poverty situation, and that the Gini coefficient is not strictly comparable between regions. The government has named economic restructuring, changes in household sizes, and the increase of high-income jobs as factors that have skewed the Gini coefficient.

 

WIKIPEDIA

IMF's Director, Western Hemisphere Department Alejandro Werner and Governor of the Central Bank of Chile Mario Marcel Cullell spoke in the session Governor Talks - Chile - Autonomy, Credibility and Communication of Central Banks held at the IMF Headquarters during the 2019 IMF/World Bank Annual Meetings, October 18, 2019 in Washington, DC. IMF Photograph/Ryan Rayburn

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