New Zealand Chamber of Commerce in Hong Kong
New Zealand Chamber of
Commerce in Hong Kong
meets for networking drinks
at the Mirage Bar
Renaissance Harbour View Hotel, Wan Chai
Every third Wednesday 6:30pm
Just turn up & enjoy
Details in our weekly eNews
International Financial Centre
Hong Kong is one of the two Special Administrative Regions of the People's Republic of China, the other being Macau.
It is situated on China's south coast and, enclosed by the Pearl River Delta and South China Sea, it is known for its expansive skyline and deep natural harbour.
With a land mass of 1,104 km2 (426 sq miles) and a population of around seven million people, Hong Kong is one of the most densely populated areas in the world. The population is 95 percent ethnic Chinese and five percent from other groups. Hong Kong's Han Chinese majority originate mainly from the cities of Guangzhou and Taishan in the neighbouring Guangdong province.
Hong Kong became a colony of the British Empire after the First Opium War (1839–42). Originally confined to Hong Kong Island, the colony's boundaries were extended in stages to the Kowloon Peninsula in 1860 and then the New Territories in 1898.
It was occupied by Japan during the Pacific War, after which the British resumed control until 1997, when China resumed sovereignty.
The region espoused minimum government intervention under the ethos of positive non-interventionism during the colonial era. The time period greatly influenced the current culture of Hong Kong, often described as "East meets West", and the educational system, which used to loosely follow the system in England until reforms implemented in 2009.
Under the principle of "one country, two systems", Hong Kong has a separate political system from mainland China.
Hong Kong's independent judiciary functions under the common law framework. Hong Kong Basic Law, its constitutional document, which stipulates that Hong Kong shall have a "high degree of autonomy" in all matters except foreign relations and military defence, governs its political system. Although it has a burgeoning multi-party system, a small-circle electorate controls half of its legislature. That is, the Chief Executive of Hong Kong, the head of government, is chosen by an Election Committee of 400 to 1,200 members, a situation that will be in effect during the first 20 years of Chinese rule.
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, and the currency, Hong Kong dollar, is the eighth most traded currency in the world.
The lack of space caused demand for denser constructions, which developed the city to a centre for modern architecture and the world's most vertical city.
Hong Kong has one of the highest per capita incomes in the world. The dense space also led to a highly developed transportation network with public transport travelling rate exceeding 90 percent, the highest in the world.
Hong Kong has numerous high international rankings in various aspects. For instance, its economic freedom, financial and economic competitiveness, quality of life, corruption perception, Human Development Index, etc., are all ranked highly. According to estimates from both UN and WHO, Hong Kong had the longest life expectancy of any region in the world in 2012. Hong Kong also has the highest average IQ score in 81 countries around the world.
The name "Hong Kong" is an approximate phonetic rendering of the pronunciation of the spoken Cantonese or Hakka name meaning "fragrant harbour". Before 1842, the name referred to a small inlet – now Aberdeen Harbour or "Little Hong Kong" – between the 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.
The reference to fragrance may refer to the harbour waters sweetened by the 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 around Aberdeen Harbour for export before the development of 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.
Hong Kong has a unitary system of government; no local government has existed since the two municipal councils were abolished in 2000. As such there is no formal definition for its cities and towns. Administratively, Hong Kong is subdivided into 18 geographic districts, each represented by a district council which advises the government on local matters such as public facilities, community programmes, cultural activities, and environmental improvements.
There are a total of 534 district council seats, 405 of which are elected; the rest are appointed by the Chief Executive and 27 ex officio chairmen of rural committees. The Home Affairs Department communicates government policies and plans to the public through the district offices.
Hong Kong is located on China's south coast, 60 km (37 mi) east of Macau on the opposite side of the Pearl River Delta. It is surrounded by the South China Sea on the east, south, and west, and borders the Guangdong city of Shenzhen to the north over the Shenzhen River. The territory's 1,104 km2 (426 sq mi) area consists of Hong Kong Island, the Kowloon Peninsula, the New Territories, and over 200 offshore islands, of which the largest is Lantau Island. Of the total area, 1,054 km2 (407 sq mi) is land and 50 km2 (19 sq mi) is inland water. Hong Kong claims territorial waters to a distance of three nautical miles (5.6 km). Its land area makes Hong Kong the 179th largest inhabited territory in the world.
As much of Hong Kong's terrain is hilly to mountainous with steep slopes, less than 25% of the territory's landmass is developed, and about 40% of the remaining land area is reserved as country parks and nature reserves. Most of the territory's urban development exists on Kowloon Peninsula, along the northern edge of Hong Kong Island, and in scattered settlements throughout the New Territories.
The highest elevation in the territory is at Tai Mo Shan, 957 metres (3,140 ft) above sea level. Hong Kong's long and irregular coast provides it with many bays, rivers and beaches. On 18 September 2011, UNESCO listed the Hong Kong National Geopark as part of its Global Geoparks Network. Hong Kong Geopark is made up of eight Geo-Areas distributed across the Sai Kung Volcanic Rock Region and Northeast New Territories Sedimentary Rock Region.
Despite Hong Kong's reputation of being intensely urbanised, the territory has tried to promote a green environment, and recent growing public concern has prompted the severe restriction of further land reclamation from Victoria Harbour. Awareness of the environment is growing as Hong Kong suffers from increasing pollution compounded by its geography and tall buildings. Approximately 80% of the city's smog originates from other parts of the Pearl River Delta.
Though it is situated just south of the Tropic of Cancer, Hong Kong has a humid subtropical climate. Summer is hot and humid with occasional showers and thunderstorms, and warm air coming from the southwest. Summer is when typhoons are most likely, sometimes resulting in flooding or landslides. Winters are mild and usually start sunny, becoming cloudier towards February; the occasional cold front brings strong, cooling winds from the north. The most temperate seasons are spring, which can be changeable, and autumn, which is generally sunny and dry. Hong Kong averages 1,948 hours of sunshine per year, while the highest and lowest ever recorded temperatures at the Hong Kong Observatory are 36.1 °C (97.0 °F) and 0.0 °C (32.0 °F), respectively
For more general information about Hong Kong, click here
This website is owned by the New Zealand Chamber of Commerce in Hong Kong Copyright (c) 2007-2020 This page updated July 2020
Acknowledgements: This page sourced and adapted from Wikipedia
Hong Kong SAR