Chinese nationwide legislation won't frequently use within the location and Hong Kong is taken care of to be a separate jurisdiction.[ninety eight] A noteworthy exception is the applying of PRC legal process law in cases managed because of the Workplace for Safeguarding nationwide stability of the CPG in the HKSAR beneath the Hong Kong countrywide safety law.[109] Hong Kong's judicial procedure relies on popular legislation, continuing the legal custom set up during British rule.[a hundred and ten] area courts may well seek advice from precedents established in English regulation and abroad jurisprudence.
as being the mainland liberalised its economy, Hong Kong's transport business faced powerful Level of competition from other Chinese ports. Fifty per cent of China's trade goods were routed by Hong Kong in 1997, dropping to about thirteen for every cent by 2015.[216] The territory's minimum taxation, typical law system, and civil assistance entice overseas businesses wishing to ascertain a presence in Asia.
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[33][34][37] "Fragrant" may well consult with the sweet taste with the harbour's freshwater inflow in the Pearl River or to the odour from incense factories lining the Coastline of northern Kowloon. The incense was saved in the vicinity of Aberdeen Harbour for export in advance of Victoria Harbour formulated.[37] Sir John Davis (the 2nd colonial governor) supplied another origin; Davis mentioned the identify derived from "Hoong-keang" ("purple torrent"), reflecting the colour of soil in excess of which a waterfall to the island flowed.[38]
Hong Kong represents itself individually from mainland China, with its possess sporting activities groups in Global competitions.[282] The territory has participated in almost every summer months Olympics due to the fact 1952, and it has acquired three medals.
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All travellers amongst Hong Kong and China and Macau must go through border controls, regardless of nationality.[116] Mainland Chinese citizens do not need right of abode in Hong Kong and therefore are matter to immigration controls.[117] Public funds are managed individually with the nationwide governing administration; taxes levied in Hong Kong usually do not fund the central authority.[118][119]
Even though the territory had one of Asia's largest manufacturing economies over the latter fifty percent with the colonial period, Hong Kong's financial state is now dominated from the services sector. The sector generates ninety two.seven for every cent of economic output, with the general public sector accounting for around 10 for every cent.
The Hong Kong Jockey Club, the territory's biggest taxpayer,[288] contains a monopoly on gambling and gives over seven per cent of government income.[289] a few varieties of gambling are lawful in Hong Kong: lotteries and betting on horse racing and football.[288] Education
Tong lau, blended-use tenement buildings constructed in the colonial era, blended southern Chinese architectural models with European influences. These were being Primarily prolific during the speedy write-up-war interval, when many had been promptly designed to deal with huge quantities of Chinese migrants.
[216] The city has the next-highest number of corporate headquarters from the Asia-Pacific region.[217] Hong Kong can be a gateway for foreign direct expense in China, providing traders open up access to mainland Chinese marketplaces as a result of immediate back links While using the Shanghai and Shenzhen inventory exchanges. The territory was the first industry outside the house mainland China for renminbi-denominated bonds, and has become the premier hubs for offshore renminbi investing.[218]
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The territory is divided into eighteen districts, Just about every represented by a district council. These suggest The federal government on community challenges including community facility provisioning, Neighborhood programme maintenance, cultural promotion, and environmental coverage.
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