Chinese nationwide regulation will not typically implement in the area and Hong Kong is dealt with being a different jurisdiction.[98] A noteworthy exception is the application of PRC felony course of action legislation in instances handled with the Office environment for Safeguarding nationwide safety with the CPG from the HKSAR beneath the Hong Kong countrywide stability regulation.[109] Hong Kong's judicial system is based on common legislation, continuing the authorized tradition proven through British rule.[one hundred ten] community courts may well make reference to precedents established in English regulation and abroad jurisprudence.
because the mainland liberalised its economy, Hong Kong's shipping marketplace faced intense Competitors from other Chinese ports. Fifty for every cent of China's trade items were being routed via Hong Kong in 1997, dropping to about 13 per cent by 2015.[216] The territory's small taxation, common regulation procedure, and civil provider attract abroad organizations wishing to ascertain a presence in Asia.
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[33][34][37] "Fragrant" may perhaps check with the sweet style in the harbour's freshwater inflow from your Pearl River or to your odour from incense factories lining the coast of northern Kowloon. The incense was stored around Aberdeen Harbour for export right before Victoria Harbour designed.[37] Sir John Davis (the 2nd colonial governor) offered an alternative origin; Davis stated the identify derived from "Hoong-keang" ("pink torrent"), reflecting the colour of soil above which a waterfall on the island flowed.[38]
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All travellers between Hong Kong and China and Macau must pass through border controls, regardless of nationality.[116] Mainland Chinese citizens do not have right of abode in Hong Kong and therefore are issue to immigration controls.[117] general public finances are dealt with independently through the national governing administration; taxes levied in Hong Kong don't fund the central authority.[118][119]
The Joint Declaration assures the Basic regulation for 50 years following the transfer of sovereignty.[seventy five] It does not specify how Hong Kong is going to be ruled soon after 2047, as well as central government's purpose in analyzing the territory's foreseeable future system of presidency is the subject of political debate and speculation.
financial and infrastructure integration with China has increased significantly since the 1978 begin of current market liberalisation over the mainland. because resumption of cross-boundary coach company in 1979, numerous rail and street back links are already enhanced and made (facilitating trade involving regions).[210][211] The nearer Partnership Economic Arrangement formalised a policy of free trade between the two locations, with Each and every jurisdiction pledging to remove remaining obstructions to trade and cross-boundary investment.
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[216] the town has the second-optimum amount of corporate headquarters while in the Asia-Pacific region.[217] Hong Kong is really a gateway for international direct financial investment in China, offering investors open up entry to mainland Chinese marketplaces through immediate back links Together with the Shanghai and Shenzhen inventory exchanges. The territory was the primary current market outside mainland China for renminbi-denominated bonds, and is one of the most significant hubs for offshore renminbi buying and selling.[218]
Hong Kong has a humid subtropical local climate (Köppen Cwa), characteristic of southern China. summer time is very hot and humid, with occasional showers and thunderstorms and warm air through the southwest. Typhoons occur most often then, at times leading to floods or landslides. Winters are gentle and typically sunny in the beginning, getting to be cloudy in the direction of February; an occasional cold front brings robust, cooling winds within the north. essentially the most temperate seasons are spring (which may be changeable) and autumn, which is usually sunny and dry.
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The identify with the territory, 1st romanised as "He-Ong-Kong" in 1780,[35] initially referred to a little inlet located between Aberdeen Island as well as southern coast of Hong Kong Island. Aberdeen was an First point of Make contact with concerning British sailors and native fishermen.[36] Even though the supply of the romanised identify is mysterious, it is usually thought to generally be an early phonetic rendering with the Cantonese pronunciation hēung góng. The title interprets as "fragrant harbour" or "incense harbour".