Chinese national regulation will not generally apply from the location and Hong Kong is handled for a independent jurisdiction.[98] A noteworthy exception is the appliance of PRC prison procedure law in instances handled with the Office environment for Safeguarding nationwide stability from the CPG from the HKSAR underneath the Hong Kong countrywide security regulation.[109] Hong Kong's judicial technique relies on common law, continuing the legal tradition recognized through British rule.[110] regional courts could refer to precedents set in English law and abroad jurisprudence.
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initially a sparsely populated place of farming and fishing villages,[16] the territory is becoming on the list of earth's most vital money centres and industrial ports.[21] it truly is the world's tenth-biggest exporter and ninth-greatest importer.[22][23] Hong Kong has A serious capitalist services economic system characterised by minimal taxation and free trade, and its currency, the Hong Kong greenback, is the eighth most traded currency on the earth.
Hong Kong represents by itself individually from mainland China, with its have sports groups in international competitions.[282] The territory has participated in almost every summer months Olympics given that 1952, and has gained 3 medals.
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The Joint Declaration guarantees The fundamental legislation for 50 many years after the transfer of sovereignty.[75] it doesn't specify how Hong Kong will be ruled immediately after 2047, as well as central governing administration's part in pinpointing the territory's potential system of presidency is the subject of political discussion and speculation.
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[216] town has the next-best amount of corporate headquarters from the Asia-Pacific location.[217] Hong Kong is a gateway for overseas immediate financial commitment in China, supplying buyers open entry to mainland Chinese marketplaces through immediate one-way links While using the Shanghai and Shenzhen inventory exchanges. The territory was the very first sector outdoors mainland China for renminbi-denominated bonds, and is without doubt one of the largest hubs for offshore renminbi trading.[218]
Hong Kong is a highly made territory and ranks fourth about the UN Human enhancement Index.[29] the town also has the biggest variety of skyscrapers of any town on the globe,[30] and its citizens have some of the maximum lifestyle expectancies on this planet.
foodstuff in Hong Kong is largely based on Cantonese cuisine, despite the territory's exposure to international influences and its residents' different origins. Rice would be the staple foods, and is normally served simple with other dishes.[268] Freshness of elements is emphasised. Poultry and seafood are generally bought Reside at damp markets, and substances are applied as speedily as feasible.
The identify on the territory, to start with romanised as "He-Ong-Kong" in 1780,[35] initially referred to a small inlet Positioned concerning Aberdeen Island as well as southern Coastline of Hong Kong Island. Aberdeen was an Original position of Speak to among British sailors and local fishermen.[36] Even though the supply of the romanised identify is unidentified, it is generally considered to become an early phonetic rendering in the Cantonese pronunciation hēung góng. The title interprets as "fragrant harbour" or "incense harbour".