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HONG KONG

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{{featured article}} {{Infobox_Country |native_name = 中�人民共和國香港特別行政�
Hong Kong Special Administrative Region of the People's Republic of China |common_name = Hong Kong |image_flag =Flag of Hong Kong.svg |image_coat =Hong Kong coa.png |image_map =LocationHongKong.png |national_motto =''none'' |national_anthem = March of the Volunteers
(Hong Kong uses the national anthem of the People's Republic of China PRC) |official_languages =Chinese language Chinese (Standard Cantonese Cantonese and Standard Mandarin Mandarin are spoken Chinese spoken) and English language English |capital = Central, Hong Kong Central (''de facto'', location of Hong Kong Government Government headquarters) |latd=22 |latm=17 |latNS=N |longd=114 |longm=08 |longEW=E |largest_city = Mongkok {{dubious}} |government_type = Special Administrative Region |leader_titles =Chief Executive of Hong Kong Chief Executive |leader_names =Donald Tsang |area_rank =169th |area_magnitude = 1 E10 |area=1,103 |areami²= 425.8 |percent_water =4.6 |population_estimate = 7,012,738 |population_estimate_rank =97th |population_estimate_year =2005 |population_census = |population_census_year = |population_density =6,294.65 |population_densitymi² =16,469.6 |population_density_rank =4th |GDP_PPP =$254.2 billion |GDP_PPP_rank =38th |GDP_PPP_year=2005 |GDP_PPP_per_capita =$36,800 |GDP_PPP_per_capita_rank =8th |sovereignty_type =Establishment
 - Occupied by United Kingdom UK
 - crown colony crown colony of United Kingdom UK
 - special administrative region SAR of People's Republic of China PRC
|established_events = |established_dates =
January 25 1841
August 29 1842
July 1 1997 |HDI =0.916 |HDI_rank =22nd |HDI_year = 2003 |HDI_category =high |currency =Hong Kong Dollar |currency_code =HKD |country_code = |time_zone = Hong Kong Time HKT |utc_offset = +8 |time_zone_DST = |utc_offset_DST = |cctld = .hk |calling_code =8521 |footnotes =1 01 from Macau }} The '''Hong Kong Special Administrative Region of the People's Republic of China''' (Chinese language Chinese: 中è?¯äººæ°‘共和國香港特別行政å?€ [Pronunciation of Hong Kong pronunciation]) is one of the two special administrative regions (SAR) of the People's Republic of China (PRC), together with Macau. It is commonly known as '''Hong Kong''' (Chinese: 香港), which is often spelled as '''Hongkong''' in some older English-language texts. Geographically, Hong Kong is located at the eastern side of the Pearl River Delta on the southeastern coast of China, facing the South China Sea in the south, and bordering the Guangdong Guangdong Province in the north. It has one of the world's most laissez-faire liberal economies and is a major international centre of finance and trade. Hong Kong was formerly a British overseas territory British colony, and was transfer of the sovereignty of Hong Kong handed over to the PRC in 1997. As a special administrative region, Hong Kong is guaranteed by the Hong Kong Basic Law Basic Law to have a relatively high degree of autonomy under the policy of "''one country, two systems One Country, Two Systems''". For instance, Hong Kong retains its own legal system, currency, Customs (tax) customs policy, and immigration laws. Furthermore, Hong Kong also maintains its own delegation in most international organizations, such as the Asia-Pacific Economic Cooperation, and international sport events, such as the Olympic Games, under the designation "'''Hong Kong, China'''". Also, while the traffic in mainland China drive on the right drives on the right, Hong Kong still maintains its own rule of the road road rules, with traffic continuing to drive on the left. Only the national defense defence and the diplomatic relations of Hong Kong are the responsibilities of the Central People's Government in Beijing. It should be noted that, while the names of most cities of the PRC are transliteration transliterated into English by the Pinyin romanization scheme, the official English name of Hong Kong remains ''Hong Kong'', rather than'' XiÄ?nggÇŽng''. See Pronunciation of Hong Kong Pronunciation of "Hong Kong" for details.

History
{{main|History of Hong Kong}} Though Hong Kong has been inhabited since the Palaeolithic Age, the area now known as Hong Kong was an important trading region, and also a significant strategic location for the Chinese mainland during the Tang Dynasty Tang and Song Dynasty Song Chinese dynasties dynasties and the subsequent Mongol invasion. After that, the prominence of Hong Kong fell, and only began to attract the attention of China again and the rest of the world in the 19th century when it was ceded to United Kingdom Britain after the Opium Wars. Hong Kong was first visited by a European in 1513, the Portugal Portuguese sailor mariner Jorge Ã?lvares. Ã?lvares began trading with the Chinese, and the Portuguese continued to make periodic trade stops at various locations up and down the coast. Tea, silk, and other Asian luxury goods were introduced in Europe by the Portuguese, and by the mid-18th century, these items were in high demand, particularly tea. The British, challenging China's near monopoly on the tea industry, invaded China, winning the First Opium War in 1841. During the war, Hong Kong Island was first occupied by the British, and was formally ceded by the Qing Dynasty of China in 1842 under the Treaty of Nanking. Hong Kong became a crown colony in 1843. Kowloon Peninsula south of Boundary Street and Stonecutter's Island were ceded to the British in 1860 under the Convention of Peking after the Second Opium War. Various adjacent lands, known as the New Territories (including New Kowloon and Lantau Island), were then leasing leased by Britain for 99 years, beginning on 1 July 1898 and ending on 30 June 1997. For the first twenty years there was little contact between the European and Chinese communities. The first specially recruited Hong Kong civil servants to be taught Cantonese language Cantonese were recruited in 1862, markedly improving relations. Image:1945 liberation of Hong Kong at Cenotaph.jpg Cenotaph.html" title="Meaning of left left|thumb|250px|The liberation of Hong Kong in 1945 was celebrated at the [[Cenotaph in Victoria City Victoria with the raising of the Union Jack Union Flag and the Flag of the Republic of China..html" title="Meaning of thumb|250px|The liberation of Hong Kong in 1945 was celebrated at the [[Cenotaph">left|thumb|250px|The liberation of Hong Kong in 1945 was celebrated at the [[Cenotaph in Victoria City Victoria with the raising of the Union Jack Union Flag and the Flag of the Republic of China.">thumb|250px|The liberation of Hong Kong in 1945 was celebrated at the [[Cenotaph">left|thumb|250px|The liberation of Hong Kong in 1945 was celebrated at the [[Cenotaph in Victoria City Victoria with the raising of the Union Jack Union Flag and the Flag of the Republic of China. Hong Kong entered a dark age during the Japanese Occupation of Hong Kong Japanese Occupation of World War II, which lasted for three years and eight months. Many Hong Kong people were executed by the Japanese army during the war. The Japanese subsequently surrendered on 15 August 1945. The port was quickly re-opened and welcomed a mass migration of Chinese refugees in 1949 from the Chinese Civil War civil war and the new Communism Communist government in China. Hong Kong had been a trade port ever since the British occupation, but its position as an entrepot declined greatly after the United Nations ordered a trade embargo against the People's Republic of China as a result of the Korean War. In response, a textile industry was established, taking advantage of the new pool of workers from China who were willing to work for almost any wage. During this period, the economy grew extremely rapidly. Towards the 1970s, Hong Kong began to move away from the textile industry and develop its financial and banking economy. This led to even greater growth, and Hong Kong quickly became one of the wealthiest territories in the world. Its position as an entrepot was restrengthened since the Open Door Policy was adopted in the PRC in the late 1970s under Deng Xiaoping. In the 1980s, with the lease on the New Territories running out, the British government of Margaret Thatcher decided to negotiate the Transfer of the sovereignty of Hong Kong question of the sovereignty of Hong Kong. Although the British would have been legally required to transfer only the New Territories to the PRC, Whitehall decided that maintaining a rump colony would not be worthwhile - the majority of Hong Kong's land was in the New Territories, and failure to return the entire colony would doubtless have generated political friction between the UK and PRC. Image:Flag of Hong Kong 1959.svg Blue Ensign.html" title="Meaning of thumb thumb|200px|Flag of colonial Hong Kong, a [[Blue Ensign with the colony's coat of arms..html" title="Meaning of 200px|Flag of colonial Hong Kong, a [[Blue Ensign">thumb|200px|Flag of colonial Hong Kong, a [[Blue Ensign with the colony's coat of arms.">200px|Flag of colonial Hong Kong, a [[Blue Ensign">thumb|200px|Flag of colonial Hong Kong, a [[Blue Ensign with the colony's coat of arms. Pursuant to an agreement known as the Sino-British Joint Declaration, signed by the People's Republic of China and the United Kingdom on 19 December 1984, the whole territory of Hong Kong under British colonial rule became the Hong Kong Special Administrative Region of the PRC on 1 July 1997. In the Joint Declaration, the PRC promised that under the "One Country, Two Systems" policy proposed by Deng Xiaoping, the socialism socialist economy of the People's Republic of China economic system in mainland China would not be practised in Hong Kong, and Hong Kong's previous capitalism capitalist system and life-style would remain unchanged for 50 years, or until 2047. Hong Kong would enjoy a high degree of autonomy in all matters except diplomatic affairs and national defence. Hong Kong was transferred to the PRC at the stroke of midnight on 1 July 1997, with the last governor, Chris Patten leaving on the HMY Britannia royal yacht. Soon after the handover in July, land values in Hong Kong collapsed substantially and expedited the burst of the bubble economy, as part of the Asian financial crisis. This was exacerbated by Tung Chee Hwa's unsubstantiated pledge to supply 85,000 new flats annually[http://www.tdctrade.com/econforum/sc/sc000701.htm]; which essentially manipulated the region's real estate prices. In some areas, land values fell by over half; and the Hang Seng Index fell by over 1,500 points on 28 October, losing 22.8% of its value in a week. Exacerbating the region's economic problems, Hong Kong was hit badly by the SARS virus beginning in mid-March through the summer of 2003, especially in the effect that it had on travel to and from Hong Kong. On 1 July the same year, half a million people marched in the largest protest rally ever aimed at the government of Hong Kong, voicing concerns about a proposed anti-subversion bill that would have eroded freedom of the press, of religion and of association arising from Hong Kong Basic Law Article 23 Article 23 of the Hong Kong Basic Law, as well as dissatisfaction with the poor state of the economy. Regina Ip, then Secretary for Security, and Antony Leung, then Financial Secretary (Hong Kong) Financial Secretary, were forced to leave office in 2003 under public pressure (though Antony Leung left office for reason unrelated to the SARS and Article 23 crisis, he gave in to public pressure after his involvement in the 'Lexusgate#The Lexusgate scandal Lexusgate' scandal). On 10 March 2005, Tung Chee Hwa submitted his Tung Chee Hwa's resignation resignation as chief executive of Hong Kong. Donald Tsang, the Chief Secretary for Administration of Hong Kong, served as Acting Chief Executive until 25 May, when he, too, resigned from his post to take part in the campaign for the new Chief Executive election. Following an interim government headed by Henry Tang, Tsang was eventually elected as Chief Executive.

Politics and government
Image:hkgh.jpg Government House of Hong Kong thumb|250px|The [[Government House of Hong Kong|Government House on the Government Hill..html" title="Meaning of Government House.html" title="Meaning of thumb|250px|The [[Government House of Hong Kong|Government House">thumb|250px|The [[Government House of Hong Kong|Government House on the Government Hill.">Government House.html" title="Meaning of thumb|250px|The [[Government House of Hong Kong|Government House">thumb|250px|The [[Government House of Hong Kong|Government House on the Government Hill. Image:hklc.jpg Legislative Council of Hong Kong thumb|250px|The [[Legislative Council of Hong Kong|Legislative Council Building in Central, Hong Kong Central..html" title="Meaning of Legislative Council Building.html" title="Meaning of thumb|250px|The [[Legislative Council of Hong Kong|Legislative Council Building">thumb|250px|The [[Legislative Council of Hong Kong|Legislative Council Building in Central, Hong Kong Central.">Legislative Council Building.html" title="Meaning of thumb|250px|The [[Legislative Council of Hong Kong|Legislative Council Building">thumb|250px|The [[Legislative Council of Hong Kong|Legislative Council Building in Central, Hong Kong Central. Image:hk23.jpg thumb|right|250px|Half a million Hong Kong citizens marched in a demonstration against article 23 of the Basic Law. {{main articles|Politics of Hong Kong and Hong Kong Government}} The Hong Kong Special Administrative Region is headed by its Chief Executive of Hong Kong Chief Executive, the head of government. This office is currently held by Donald Tsang, who was elected {{ref.html">16 June 2005. Tsang had held the post of Chief Secretary for Administration.html" title="Meaning of elected}} on Chief Secretary for Administration">Chief Secretary for Administration of Hong Kong|Chief Secretary for Administration prior. Donald Tsang assumed his post on 24 June 2005 in Beijing, China; he will finish the remaining portion of Tung Chee Hwa's last term which ends on 30 June 2007, according to the interpretation of Hong Kong Basic Law Annex One Annex I and Hong Kong Basic Law Article 46 Article 46 by the Standing Committee of the National People's Congress. The election of a new Chief Executive by the 800-member Election Committee was expected to be held on 10 July 2005. On 16 June 2005, Donald Tsang was acclaimed the winner, as the only candidate securing the required 100 nominations from members of the election committee. Tung Chee Hwa, the first Chief Executive, assumed office on 1 July 1997, following his election by a 400-member Election Committee electoral college. For the second five-year term of the Chief Executive which began in July 2002, Tung was the only nominated candidate and therefore acclaimed. The PRC set up a Provisional Legislative Council (PLC) just before the handover, and moved to Hong Kong to have its meetings after the handover. It reverted some laws passed by the original Legislative Council, which was formed by means of universal suffrage. The PLC passed some of its own laws, such as the Public Order Ordinance {{ref|POO}}, which required permission from police to hold a demonstration where the number of people who participates exceeds 30. Legislative Council of Hong Kong Legislative Council Hong Kong legislative election elections were held on 24 May 1998, 10 September 2000, and again on 12 September 2004, with the next election scheduled for 2008. According to the Hong Kong Basic Law Basic Law, Hong Kong's "mini-constitution", the present third term of the Legislative Council has 30 seats directly elected from geographical constituencies, and 30 seats elected from Functional constituency functional constituencies. The 1998, 2000 and Hong Kong legislative election, 2004 2004 Legislative Council elections were seen as free, open, and widely contested, despite discontent among mainly 'pro-democratic' politicians, who contended that the functional constituency elections and the Election Committee elections (for 1998 and 2000) were undemocratic, as they consider that the electorate for these seats is too narrow. The civil service of Hong Kong maintains its quality and neutrality, operating without discernible direction from Beijing. Many government and administrative operations are located in Central on Hong Kong Island near the historical location of Victoria City, the site of the original British settlements. The Right of abode issue, Hong Kong Right of abode issue sparked debates in 1999, while the controversy over Hong Kong Basic Law Article 23 was the focus of politics in Hong Kong between 2002 and 2003, culminating in a peaceful mass demonstration (over 500,000 demonstrators) on 1 July 2003, after which the government still tried to pass the law to the Legislative Council. But one of the major pro-government parties refused to vote for passing the bill. Thus the government found that the bill could not be passed. So it shelved {{ref|shelved}} the drafted law {{ref|draftedlaw}} brought forth by Article 23. The focus of controversies {{ref|controversies}} shifted {{ref|shifted}} to the issue {{ref|issue}} of universal suffrage towards the end of 2003 and in 2004, which was the slogan of another peaceful mass demonstration on 1 July 2004. {{seealso|July 1 marches}} On 24 September 2005, twenty-five Hong Kong pro-democracy Legco members, some of whom were previously labelled as traitors by Beijing after the 1989 Tiananmen Square crackdown and barred from entering the mainland, crossed the border into the southern province of Guangdong, following an unprecedented invitation by the PRC {{ref|visit}}. The invitation was generally regarded as one of the greatest goodwill gestures from the PRC to the Hong Kong democrats since the Tiananmen Square massacre of 1989. On 4 December 2005, a 124 March demonstration was organised by the Civil Human Rights Front and pro-democracy lawmakers to express concerns about the lack of a working timetable that will allow for universal suffrage in the 2007 and 2008 elections for the Chief Executive and the Legistlative Council respectively. The turnout was reported to be 63,000 by the police, and at least 250,000 by the organisers. On 22 December 2005, the Chief Executive of Hong Kong, Donald Tsang, faced a political challenge. The electoral reform of members of the Legislative Council and the Chief Executive in the future were voted down by the pro-democracy camp.

Legal system and judiciary
Image:hkcfa.jpg Hong Kong Court of Final Appeal thumb|250px|right|The [[Hong Kong Court of Final Appeal|Court of Final Appeal building located in Central, Hong Kong Central..html" title="Meaning of Court of Final Appeal.html" title="Meaning of thumb|250px|right|The [[Hong Kong Court of Final Appeal|Court of Final Appeal">thumb|250px|right|The [[Hong Kong Court of Final Appeal|Court of Final Appeal building located in Central, Hong Kong Central.">Court of Final Appeal.html" title="Meaning of thumb|250px|right|The [[Hong Kong Court of Final Appeal|Court of Final Appeal">thumb|250px|right|The [[Hong Kong Court of Final Appeal|Court of Final Appeal building located in Central, Hong Kong Central. {{main articles|Legal system of Hong Kong and Judiciary of Hong Kong}} In contrast to mainland China's Civil law (legal system) civil law system, Hong Kong continues to follow the common law tradition established by British colonial rule. Article 84 of the Basic Law of Hong Kong allows Hong Kong's courts to refer to decisions (precedents) rendered by courts of foreign jurisdictions and to invite foreign judges to participate in proceedings of Hong Kong's Court of Final Appeal. Structurally, Hong Kong's court system consists of the Hong Kong Court of Final Appeal Court of Final Appeal which replaced the Judicial Committee of the Privy Council, the High Court of Hong Kong High Court, which is made up of the Court of Appeal of Hong Kong Court of Appeal and the Court of First Instance of Hong Kong Court of First Instance, and the District Court of Hong Kong District Court, which includes the Family Court of Hong Kong Family Court. Other adjudicative bodies include the Lands Tribunal, the Magistrates' Courts, the Juvenile Court, the Coroner's Court, the Labour Tribunal, the Small Claims Tribunal, and the Obscene Articles Tribunal, which is responsible for classifying non-video pornography to be circulated in Hong Kong. Justices of the Hong Kong Court of Final Appeal Court of Final Appeal are appointed by Hong Kong's Chief Executive. The Basic Law of Hong Kong is subject to interpretation by the Standing Committee of the National People's Congress and this power has been invoked three times: the Right of abode issue, Hong Kong right of abode issue, an interpretation regarding post-2008 election procedures, and an interpretation regarding the length of the term of the Chief Executive. As in England, lawyer lawyers in Hong Kong are classified as barrister barristers and solicitor solicitors, where one can choose to practice as either one but not both (but it is possible to switch from one to the other). The vast majority of lawyer lawyers are solicitor solicitors who are licensed and regulated by the Law Society of Hong Kong. Barristers, on the other hand, are licensed and regulated by the Hong Kong Bar Association. Only barristers are allowed to appear in the Hong Kong Court of Final Appeal Court of Final Appeal and the High Court of Hong Kong High Court. Just as the common law system is maintained, so are British courtroom customs such as the wearing of robes and wigs by both judges and lawyers.

Geography
Image:Hong Kong relief map with geographic labels.jpg Shenzhen.html" title="Meaning of right right|thumb|250px|A relief map of Hong Kong and the southern part of [[Shenzhen (circa 2000). ([http://maps.google.com/maps?q=Hong+Kong&ll=22.285284,114.147949&spn=0.592723,0.951073&t=k&hl=en]).html" title="Meaning of thumb|250px|A relief map of Hong Kong and the southern part of [[Shenzhen">right|thumb|250px|A relief map of Hong Kong and the southern part of [[Shenzhen (circa 2000). ([http://maps.google.com/maps?q=Hong+Kong&ll=22.285284,114.147949&spn=0.592723,0.951073&t=k&hl=en])">thumb|250px|A relief map of Hong Kong and the southern part of [[Shenzhen">right|thumb|250px|A relief map of Hong Kong and the southern part of [[Shenzhen (circa 2000). ([http://maps.google.com/maps?q=Hong+Kong&ll=22.285284,114.147949&spn=0.592723,0.951073&t=k&hl=en]) Image:hk001.jpg thumb|250px|View from Victoria Peak.{{main articles|Geography of Hong Kong and Ecology of Hong Kong}} Hong Kong consists of Hong Kong Island, Kowloon, and the New Territories. The Kowloon Peninsula is attached to the New Territories in the north, and the New Territories are in turn connected to mainland China across the Sham Chun River (Shenzhen River). In total, Hong Kong has Islands of Hong Kong 236 islands in the South China Sea, of which Lantau Island Lantau is the largest. Hong Kong Island itself is the second largest and also the most populated. Ap Lei Chau is the most densely populated island in the world. The name "Hong Kong", literally meaning "fragrant harbour", is derived from the area around present-day Aberdeen, Hong Kong Aberdeen and Wong Chuk Hang on Hong Kong Island, where fragrant trees were once abundant and exported from. The body of water between Hong Kong Island and Kowloon Peninsula is Victoria Harbour, one of the deepest natural maritime ports in the world. The landscape of Hong Kong is fairly hilly to mountainous with steep slopes. The highest point in the territory is Tai Mo Shan, at a height of 958 metres (3,142 foot (unit of length) ft). Lowlands exist in the northwestern part of the New Territories. Hong Kong is 60 kilometres (37 mile mi) east of Macau, on the opposite side of the Pearl River Delta and borders the subprovincial city city of Shenzhen in Guangdong Province. Of the territory's 1,102 square kilometres (425 square mile mi²) and nearly 7 million residents, less than 25% is developed; the remaining land is remarkably green and significant portions are reserved as Hong Kong Country Parks & Special Areas country parks and nature reserves. This is because most live and work in high-rise buildings in the city and surrounding new towns.

Climate
Climate of Hong Kong Hong Kong's climate is subtropical and prone to monsoons. It is cool and dry in the wintertime which lasts from around January to March, and is hot, humid and rainy from Spring (season) spring through summer. It is warm, sunny, and dry in autumn. Hong Kong occasionally has typhoons. The ecology of Hong Kong is mostly affected by the results of climatic changes. Hong Kong's climate is seasonal due to alternating wind direction between winter and summer. Hong Kong has been geologically stable for millions of years. However, flora and fauna in Hong Kong are altered by climatic change, sea level alternation and human impact. The highest recorded temperature{{ref.html">Celsius (104°F.html"_title="Meaning of Celsius.html" title="Meaning of fahrenheit F">fahrenheit|F) while the lowest recorded temperature is 0°C (32°F). The average temperature in the coldest month, February, is 16°C (61°F) while the average temperature in the hottest month, July, is 28°C (82°F). Hong Kong's climate is subtropical but half of the year is temperate. The territory is situated south of the Tropic of Cancer which is equatable to Hawaii in latitude. In winter, strong and cold winds generate from the north and cool the city; in the summer, the wind's direction reverses and brings the warm and humid air in from the south. This climate can support a tropical rainforest.

Administrative divisions
Image:Hk map 18.png thumb|right|250px|18 districts of the Hong Kong Special Administrative Region {{main|Districts of Hong Kong}} Hong Kong consists of 18 administrative districts:
# Islands District, Hong Kong Islands # Kwai Tsing District Kwai Tsing (Kwai Chung and Tsing Yi) # North District, Hong Kong North # Sai Kung District Sai Kung # Sha Tin District Sha Tin # Tai Po District Tai Po # Tsuen Wan District Tsuen Wan # Tuen Mun District Tuen Mun # Yuen Long District Yuen Long # Kowloon City District Kowloon City # Kwun Tong District Kwun Tong # Sham Shui Po District Sham Shui Po # Wong Tai Sin District Wong Tai Sin # Yau Tsim Mong District Yau Tsim Mong (Yau Ma Tei, Tsim Sha Tsui and Mong Kok) # Central and Western District Central and Western # Eastern District Eastern # Southern District, Hong Kong Southern # Wan Chai District Wan Chai There are several List_of_cities_and_towns_in_Hong_Kong cities and towns within Hong Kong, the largest of which include Kowloon, Victoria (Hong Kong Island), Tsuen Wan New Town Tseun Wan New Town, and Sha Tin Sha Tin New Town. These entities, however, are not granted any formal administrative status and are either administered as parts of districts (e.g. Sha Tin New Town) or divided up amongst districts (e.g. Tsuen Wan New Town and Kowloon).

Economy
Image:hk002.jpg thumb|right|250px|Central, the main business district of Hong Kong. Image:hkse.jpg thumb|right|250px|The Hong Kong Stock Exchange. Image:hkt.jpg thumb|right|150px|The Kwai Chung Container Terminals. Hong Kong is one of the busiest ports in the world. {{main articles|Economy of Hong Kong and Employment in Hong Kong}} Hong Kong has one of the least restricted economies in world and is basically Duty (economics) duty-free. It is the world's 10th largest {{ref|10th}} trading entity and 11th largest {{ref|11th}} bank banking centre. The dominant presence of international trade is reflected in the number of consulates located in the territory: As of 2005 As of June 2005, Hong Kong had 107 consulates and consulates-general, more than any other city in the world. Even New York City, host of the United Nations, only has 93 consulates. The objective of Hong Kong's monetary policy is to maintain currency stability. Given the highly externally oriented nature of the economy, this objective was further defined as a stable external value for the Hong Kong dollar in terms of a linked exchange rate against the US dollar at the rate of HK$7.80 to one United States dollar until 2005, when it was allowed to trade within a band of HK$7.75-$7.85. Hong Kong has limited natural resources, and most food and raw materials must be imported. In fact, imports and exports (including re-exports) exceed the gross domestic product GDP of Hong Kong. Hong Kong has extensive trade and investment ties with the People's Republic of China which existed even before the handover on 1 July 1997. These ties and its autonomous status enable it to be the middleman between the Republic of China on Taiwan and the mainland. Flights, investment, and trade from Taiwan go through Hong Kong to get to the mainland. The tertiary sector of industry service sector represented 86.5 % {{ref|86.5}} of the GDP in 2001. The territory, with a highly sophisticated banking sector and good communication links, hosts the Asian headquarters of many multinational corporations. At United States dollar USD 24,080 {{ref|24,626}} in 2004, the nominal per capita GDP of Hong Kong is somewhat lower than that of the four big economies of western Europe. However, it would be List of countries by GDP (PPP) per capita ranked 11th in terms of per capita GDP (purchasing power parity PPP) in the world (USD 32,292), which is even higher than Japan (USD 31,384), making Hong Kong one of the richest territorial regions in Asia. Growth averaged a strong 8.9% per annum in real terms in the 1970s and 7.2% p.a. in the 1980s. As the economy shifted to services (manufacturing currently accounts for just 4% of GDP), growth slowed to 2.7% p.a. in the 1990s, including a 5.3% decline in 1998, due to the Asian financial crisis Asian financial crisis' impact on demand in the region. Growth since 2000 has averaged 5.2% p.a. amid strong deflation. The economy rebounded rapidly, growing by 10 % in 2000. A world-wide global downturn and the Severe Acute Respiratory Syndrome (SARS) outbreak reduced economic growth to 2.3 % in 2002. Thereafter, a boom in tourism from the mainland because of China's easing of travel restrictions, a return of consumer confidence, and a solid rise in exports resulted in the resumption of strong growth in late 2003 and 2004, with growth averaging 6.5% in the first half of 2005. To further increase economic co-operation between Hong Kong and the mainland, the Individual Visit Scheme was started on 28 July 2003, which allows travellers from some cities in mainland China to visit Hong Kong without an accompanying tour group. As a result, the Tourism in Hong Kong tourism industry in Hong Kong is booming due to an exponential increase in the number of visitors from mainland China. The upsurge is also boosted by the recent opening of Hong Kong Disneyland Resort. A revival in both external and domestic demand led to a strong upswing in growth in 2004, surging to 8.2 % for the year. The domestic sector completely shrugged off its earlier sluggishness, and the general weakness of the Hong Kong dollar, when included with the still modest cost and price pressures in Hong Kong, has resulted in a strengthening in Hong Kong's external price competitiveness. In addition, Hong Kong's 68-month-long deflation (economics) deflationary spiral, the longest and highest deflation {{ref|deflation}} according to Guinness World Records, ended in mid-2004, with consumer price inflation hovering at near zero levels. Along with Singapore, South Korea and Taiwan Taiwan, ROC, Hong Kong's fast-paced industrialisation earned it a place as one of the four original East Asian Tigers.

Demographics
Image:Ap Liu Street in Shamshuipo.jpg Sham Shui Po.html" title="Meaning of thumb thumb|250px|This is the Ap Liu Street in [[Sham Shui Po where colourful parasols intersperse throughout the pavement..html" title="Meaning of 250px|This is the Ap Liu Street in [[Sham Shui Po">thumb|250px|This is the Ap Liu Street in [[Sham Shui Po where colourful parasols intersperse throughout the pavement.">250px|This is the Ap Liu Street in [[Sham Shui Po">thumb|250px|This is the Ap Liu Street in [[Sham Shui Po where colourful parasols intersperse throughout the pavement. Image:Hksycss.jpg Mongkok.html" title="Meaning of thumb thumb|250px|Sai Yeung Choi Street South in [[Mongkok, where retail outlets are concentrated.html" title="Meaning of 250px|Sai Yeung Choi Street South in [[Mongkok">thumb|250px|Sai Yeung Choi Street South in [[Mongkok, where retail outlets are concentrated">250px|Sai Yeung Choi Street South in [[Mongkok">thumb|250px|Sai Yeung Choi Street South in [[Mongkok, where retail outlets are concentrated {{main|Demographics of Hong Kong}} The population of Hong Kong increased markedly during the 1990s, reaching 6.86 million in 2005. About 96 % of Hong Kong's population is Chinese, the majority of which are Cantonese people Cantonese. Groups such as the Hakka and Teochew are also substantial. Used in government matters, Standard Cantonese Cantonese is spoken by most of the local Chinese population at home and in the office, although English language English is also widely understood and spoken by more than one-third of the population. Since the Handover, a new group of immigrants from mainland China have increased the ethnic diversity of the Chinese population and enhanced the development of Mandarin in the territory. The remaining 4 % of the population is composed of non-Chinese, who form a highly visible group, despite their small numbers. Among these is a significant South Asian population, which includes some of Hong Kong's wealthiest families. Some Nepalis residing in Hong Kong are Gurkhas, who chose to stay after their service to Britain, and their descendants. More than 15,000 Vietnamese, who came to Hong Kong as refugees, have become permanent residents, the majority of whom survive on casual work. Around 140,000 Filipinos in Hong Kong Filipinos work in Hong Kong as domestic helpers and housekeepers, often known locally as ''amahs'', or ''feiyungs'', with other such workers coming from Thailand and Indonesia. On Sundays and public holidays, thousands of these workers, the majority of whom are women, gather in Central, Hong Kong Central to socialise. There are also a number of Europeans, North Americans, Japanese, and Koreans, largely working in Hong Kong's financial sector. The top three sources of migration to Hong Kong are the Philippines (132,770), Indonesia (95,460), and the United States (31,330). Hong Kong is the fifth largest metropolitan area of the List of cities in China PRC by population. Considered as a dependency, Hong Kong is one of the List of countries by population density most densely populated countries/dependencies in the world, with an overall density of more than 6,200 people per km². Hong Kong has a fertility rate of .94 children per woman {{ref|.94}}, one of the lowest in the world, and far below the 2.1 children per woman required to maintain an even population level. However, population is continuously growing due to immigration of about 45,000 people per year from mainland China. Despite the population density, Hong Kong was reported {{ref|reported}} to be one of the environmentalism greenest cities in Asia. The majority of people live in Apartment flats in Skyscraper high-rise buildings. The rest of the open spaces are often covered with parks, woods and shrubs. About 60 % of the land {{ref|60percent}} is designated as country park Country Parks and nature reserve Nature Reserves. Hiking and camping are popular outdoor activities in Hong Kong's hilly country parks. The irregular and long coastline of Hong Kong also provides many bays and fine Beaches of Hong Kong beaches for its inhabitants. Environmental concern and awareness is growing, however, as Hong Kong also ranks as one of the most (air-)polluted cities in the world. Estimates are that 70-80% of the city's air pollution comes from other parts of the Pearl River Delta.

Education
Image:hku.jpg University of Hong Kong.html" title="Meaning of thumb thumb|right|250px|The [[University of Hong Kong building located in Pokfulam..html" title="Meaning of right|250px|The [[University of Hong Kong">thumb|right|250px|The [[University of Hong Kong building located in Pokfulam.">right|250px|The [[University of Hong Kong">thumb|right|250px|The [[University of Hong Kong building located in Pokfulam. Image:Hong Kong Central Library.JPG Hong Kong Central Library.html" title="Meaning of thumb thumb|right|250px|The [[Hong Kong Central Library building located in Causeway Bay..html" title="Meaning of right|250px|The [[Hong Kong Central Library">thumb|right|250px|The [[Hong Kong Central Library building located in Causeway Bay.">right|250px|The [[Hong Kong Central Library">thumb|right|250px|The [[Hong Kong Central Library building located in Causeway Bay. {{main|Education in Hong Kong}} A former United Kingdom British colony, Hong Kong's education system is roughly based upon Education in the United Kingdom that of the United Kingdom, and in particular, the Education in England system used in England. At the higher education levels, both British and American systems exist. In particular, the Hong Kong University of Science and Technology was established on the American model of higher education. This ""Chinese University of Hong Kong"" follows more the American model with a characteristic British College system. There are eight public universities in Hong Kong, and a number of private higher institutions. Hong Kong's public schools are operated by the Education and Manpower Bureau Education and Manpower Bureau of the Government of the Hong Kong Special Administrative Region. [http://www.emb.gov.hk/index.aspx?nodeID=4369&langno=1] The system features a non-compulsory three-year kindergarten, followed by a compulsory six-year primary education, three-year junior secondary education; a non-compulsory two-year senior secondary education leading to the Hong Kong Certificate of Education Examinations and a two-year matriculation course leading to the Hong Kong Advanced Level Examinations. A new “3+3+4� senior secondary curriculum, consisting of a three-year junior secondary, three-year senior secondary and four-year undergraduate academic system, will be implemented from 2009 onwards. There are also Tertiary education tertiary institutions offering various Bachelor's, Master's, and Doctoral degrees, other Higher Diploma higher diplomas, and associate degree courses. In general, three types of comprehensive schools exist in Hong Kong. There are government schools, which are relatively rare; and subsidised schools (government-aided schools, grant schools), run by charitable (often Christianity Christian, but Buddhist, Taoist, Islamic and Confucian as well) organisations with government funding, to which most students go. Most private schools are run by Christian organisations as well; where admissions are based more on academic merit than on financial resources. Outside this system are the schools under the Direct Subsidy Scheme (DSS) and private international schools, which provide an alternative to the high-pressured mainstream education in exchange for much higher tuition fees.

Culture
Image:GoldenBauhiniaSquare.jpg Bauhinia.html"_title="Meaning of thumb thumb|250px|[[Bauhinia_flower is a symbol of Hong Kong. This is the Golden Bauhinia Square Golden Bauhinia Statue in the heart of highly-urbanisation urbanised Wan Chai District, with the skyscrapers in the background..html" title="Meaning of 250px|[[Bauhinia">thumb|250px|[[Bauhinia flower is a symbol of Hong Kong. This is the Golden Bauhinia Square Golden Bauhinia Statue in the heart of highly-urbanisation urbanised Wan Chai District, with the skyscrapers in the background.">250px|[[Bauhinia">thumb|250px|[[Bauhinia flower is a symbol of Hong Kong. This is the Golden Bauhinia Square Golden Bauhinia Statue in the heart of highly-urbanisation urbanised Wan Chai District, with the skyscrapers in the background. Image:Victoria harbour hk.jpg Aberdeen_Harbour.html" title="Meaning of right right|thumb|250px|[[Aberdeen Harbour and jetty where one can catch a sampan to the floating restaurant..html" title="Meaning of thumb|250px|[[Aberdeen Harbour">right|thumb|250px|[[Aberdeen Harbour and jetty where one can catch a sampan to the floating restaurant.">thumb|250px|[[Aberdeen Harbour">right|thumb|250px|[[Aberdeen Harbour and jetty where one can catch a sampan to the floating restaurant. Image:hksol.jpg thumb|A Symphony of Lights fireworks and lasers show, from the Hong Kong Tourism Board Promotional Material. {{main|Culture of Hong Kong}} Hong Kong is often described as a city where East meets West. This is reflected in all aspects of the culture, but especially in its shopping, nightlife, and Eating dining. A popular destination for shoppers from around the world, Hong Kong has everything to offer from the latest European fashion to traditional Chinese wares. Malls, department stores, and designer boutiques offer an amazing contrast to the bustling open-air Stanley Market and Jade Market shopping areas. Every district in Hong Kong has old-fashioned stores that sell Chinese herbal medicine. The largest concentration of these shops is along Bonham Strand and Bonham Strand West in Sheung Wan, where all types of pills, plants, and dried animals are for sale. Hong Kong has an active nightlife centred around two major entertainment districts, Lan Kwai Fong (Central) and Wanchai. Both areas are frequented by expats and locals alike. For a more quiet evening, a trip to Victoria Peak offers a spectacular view of the city. There is also a promenade along the Tsim Sha Tsui waterfront, which is popular among young Chinese couples. Shopping, a form of entertainment for the people of Hong Kong, is even done at nightime as evident in the Temple Street Night Market. The city's cosmopolitan flavour can also be seen in the wide variety of cuisines available. While different varieties of Chinese selections, especially seafood, are most popular, there also many European, American, Japanese, Korean, and other restaurants. Ethnic dishes served in ''cha chaan teng'' and ''dai pai dong'' are also popular. The people of Hong Kong take their food seriously and many top chefs make their way to the city to show off their talents to these discriminating diners. Entertainment and the performing arts also reflect Hong Kong's blend of the Chinese and the Western. The Cinema of Hong Kong film industry and the "Cantopop" music industry scramble together both influences and have long been enormously successful locally and internationally, with star performers as ubiquitous icons. Many of these come out of the dramatic and Variety show variety programs on local Media in Hong Kong television, which has been a major presence since 1967. All three of these industries export entertainment to Chinese-speaking communities around the world. Western-style theatre and various forms of traditional Chinese opera co-exist on local stages. The world famous Hong Kong International Dragonboat Festival, now known as the Circus Capital Stanley Dragon Boat Championships, is a Dragon Boat Festival celebration of community that is televised globally.

Religion
Image:DSCN1984.JPG Hung_Shing Temple.html" title="Meaning of thumb thumb|right|250px|[[Hung Shing Temple in Wan Chai.html" title="Meaning of right|250px|[[Hung Shing Temple">thumb|right|250px|[[Hung Shing Temple in Wan Chai">right|250px|[[Hung Shing Temple">thumb|right|250px|[[Hung Shing Temple in Wan Chai Image:hksjc.jpg St._John's Cathedral.html" title="Meaning of thumb thumb|right|250px|[[St. John's Cathedral in Central.html" title="Meaning of right|250px|[[St. John's Cathedral">thumb|right|250px|[[St. John's Cathedral in Central">right|250px|[[St. John's Cathedral">thumb|right|250px|[[St. John's Cathedral in Central {{main|Religion in Hong Kong}} Hong Kong enjoys a high degree of religious freedom, a right enshrined and protected through its constitutional document, the Basic Law. The majority of Hong Kong's population practices ancestor worship due to the strong Confucianism Confucian influence. A sizable Christianity Christian community of around 500,000 exists, forming about 10% of the total population; roughly equally divided between Roman Catholic Church Catholics and Protestants. There are also followers of Buddhism or Taoism. There are also estimated 70,000 Islam Muslims, between 2,000 and 3,000 Jews, and a few Hinduism Hindus; Sikhism Sikhs and Bahá'í Faith Bahá'ís are also represented. Apart from offering religious instructions, many major religious bodies have established schools and provided social welfare facilities. Hong Kong's religious beliefs are tied to the region's early role as a fishing community. Tin Hau, the protector of seafarers, has been honoured with several Places of worship in Hong Kong temples throughout Hong Kong for at least 300 years. Hung Shing, another protector of seafarers, has also been honoured for centuries. Hong Kongers, especially elder generations, go to Taoist or Buddhist temples to appease the deities and, usually, to ask for compassion or good fortune. Gifts of food, and in particular fruit, are presented, and incense and paper offerings are burnt in respect. With the transfer of Hong Kong to the PRC, there was significant concerns over freedom of religion religious freedom in Hong Kong. So far, this has proved mostly unfounded - despite the banning of the Falun Gong movement by Beijing in 1999, adherents are still free to practice in Hong Kong. Similarly, the Roman Catholic Church Catholic Church is free to appoint its own bishops in Hong Kong, unlike on mainland China, where the only approved 'Catholic' institution is the Chinese Patriotic Catholic Association, which bishops and priests are appointed by Beijing (though there is also an unofficial and illegal part of the Catholic church that maintains contact with the Vatican). A significant issue in the normalisation of ties between the PRC and the Vatican City Vatican is Beijing's insistence that the Vatican drops its diplomatic ties with the Political status of Taiwan ROC. Although freedom of religion remains true in Hong Kong, it remains a volatile issue for many, as any threat will have lasting implications for the perceived freedoms in Hong Kong.

Architecture
Due to the creative destruction so endemic to Hong Kong over the past 50 years, few historical buildings remain in Hong Kong. Instead the city has become a centre for modern architecture, especially in and around Central and Western district Central. The tall business buildings of Central comprise the skyline along the coast of the Victoria Harbour, which is one of Hong Kong's famous tourist attractions. In Kowloon, which once included the anarchistic settlement called the Kowloon Walled City, strict height restrictions were in force until Kai Tak Airport closed in 1998, but these restrictions have now been lifted, and several new skyscrapers in Kowloon are being planned. Hong Kong's best-known building is arguably I. M. Pei Ieoh Ming Pei's Bank of China Tower, completed in 1990 and now Hong Kong's third tallest skyscraper. The building attracted heated controversy from the start, as its sharp angles were said to cast negative feng shui energy into the heart of Hong Kong. Predating the Bank of China Tower, another well-known structure is the HSBC Hong Kong headquarters building HSBC Headquarters Building, finished in 1985. This building is featured on many of Hong Kong banknotes Hong Kong's banknotes. It was built on the site of Hong Kong's first skyscraper, which was finished in 1935 and was the subject of a bitter heritage Architectural conservation conservation struggle in the late 1970s. The tallest building in Hong Kong is International Finance Centre Two International Finance Centre. One of the largest construction projects in Hong Kong and the world was the new Hong Kong International Airport on Chek Lap Kok near Lantau, a huge land reclamation project linked to the centre of Hong Kong by the Lantau Link, which features three new major bridges: the world's List of largest suspension bridges sixth largest suspension bridge, Tsing Ma Bridge Tsing Ma, the world's longest cable-stayed bridge carrying both road and railway traffic, Kap Shui Mun Bridge Kap Shui Mun, and the world's first major 4-span cable-stayed bridge, Ting Kau Bridge Ting Kau.

Transport
Image:Hong Kong Airport Inside.JPG Hong Kong International Airport.html" title="Meaning of thumb thumb|250px||right|Departure hall at [[Hong Kong International Airport..html" title="Meaning of 250px||right|Departure hall at [[Hong Kong International Airport">thumb|250px||right|Departure hall at [[Hong Kong International Airport.">250px||right|Departure hall at [[Hong Kong International Airport">thumb|250px||right|Departure hall at [[Hong Kong International Airport. Image:Hktp.jpg thumb|right|250px|Double-decker buses make up a large proportion of buses in Hong Kong.{{unverifiedimage}} {{main|Transport in Hong Kong}} Hong Kong has a highly developed and sophisticated transport network, encompassing both public transport public and private transport. The Octopus card stored value smart card payment system can be used to pay for fares on almost all railways, buses and ferries in Hong Kong. All parking meters in Hong Kong only accept payment by Octopus card, and Octopus card payment can be made at various carparks. Hong Kong Island is dominated by steep, hilly terrain, which required the development of unusual methods of transport up and down the slopes. In Central and Western district there is an extensive system of escalator escalators and moving sidewalk moving sidewalks, including the longest outdoor covered elevator system in the world, the Central-Mid-Levels escalator Mid-levels Escalator. Hong Kong has several different modes of public rail transport. The two metro systems for the city are the MTR and KCR (KCR also operates a light rail system in northwest New Territories), which are operated by the MTR Corporation Limited and the Kowloon-Canton Railway Corporation respectively. The Hong Kong Tramways tramway system covers the northern parts of Hong Kong Island and is the only tram system in the world run exclusively with double deckers. Five separate companies operate franchised public bus services in Hong Kong. Double-decker buses were introduced to Hong Kong in 1949. They are now used almost exclusively in Hong Kong just as in Dublin and London. However, single-decker buses remain in use for routes with lower demand or roads with lower carrying capacity and are used exclusively in South Lantau. Most normal franchised bus routes in Hong Kong operate until 1am in the morning. Public light bus Public light buses run the length and breadth of Hong Kong, through areas where standard bus lines cannot reach or do not reach as frequently, quickly, or directly. Taxicab Taxis are also widely used throughout Hong Kong. 99% of taxis in Hong Kong run on liquefied petroleum gas, the rest are still diesel operated. Most ferry services are provided by licensed ferry operators, which serve Islands of Hong Kong outlying islands, new towns, and inner-Victoria Harbour. The two routes operated by the Star Ferry, operating for over 100 years, are franchised. Additionally, 78 "kai-to" ferries are licensed to serve remote coastal settlements. Hong Kong has one active international airport, known as Hong Kong International Airport located at Chek Lap Kok. This replaced the famous airport of the same name at Kai Tak International Airport Kai Tak in 1998. After dreadful delays in the cargo systems in the first few months, the airport now serves as a transport hub for Southeast Asia, and as the hub for Cathay Pacific Airways, Dragonair (airline) Dragonair, Air Hong Kong and Hong Kong Express. Additionally, both Hong Kong International Airport and Cathay Pacific Airways have been voted best in the world, in the airport and airline criteria respectively, by Skytrax from 2001 to 2005. Hong Kong International Airport serves more than 36 million passengers in the year 2004, and increased to over 40 million passengers in 2005. Access to the airport includes 'Airport Express', 'CityFlyers' and 'Airbuses', These services connect the airport to the rest of Hong Kong. The Airport Express zooms passengers to Central, Hong Kong Central on Hong Kong Island in just 23 minutes. Recent opening of Sunny Bay (MTR) Sunny Bay Station of the MTR allows easy access to the Disneyland Resort.

Military
Image:Hkgarrison.jpg PLA Hong Kong Garrison thumb|right|200px|The [[PLA Hong Kong Garrison|Hong Kong Garrison of the People's Liberation Army entering Hong Kong for the first time in 1997..html" title="Meaning of Hong Kong Garrison.html" title="Meaning of thumb|right|200px|The [[PLA Hong Kong Garrison|Hong Kong Garrison">thumb|right|200px|The [[PLA Hong Kong Garrison|Hong Kong Garrison of the People's Liberation Army entering Hong Kong for the first time in 1997.">Hong Kong Garrison.html" title="Meaning of thumb|right|200px|The [[PLA Hong Kong Garrison|Hong Kong Garrison">thumb|right|200px|The [[PLA Hong Kong Garrison|Hong Kong Garrison of the People's Liberation Army entering Hong Kong for the first time in 1997. {{main|Military of Hong Kong}} The PRC Central People's Government (CPG) assumed sovereignty over Hong Kong on 1 July 1997 and stationed a garrison of the PLA Hong Kong Garrison People's Liberation Army (PLA) to manage its defence affairs. Although the garrison has no military significance, the stationing of the PLA troops in the region is a significant symbol of the PRC government's resumption of sovereignty over Hong Kong. According to the Basic Law, military forces stationed in Hong Kong shall not interfere with local affairs; Hong Kong government shall remain responsible for the maintenance of public order. The Hong Kong Garrison, composed of army ground, navy naval, and air forces, is under the command of the Chinese Central Military Commission. The garrison subsequently opened the barracks on Stonecutters Island and Stanley, Hong Kong Chek Chu to the public to promote understanding and trust between the troops and residents. Under British rule, ethnic Chinese Hongkongers were allowed to join the British Forces Overseas Hong Kong British defence forces. However, since the handover in 1997, they were no longer allowed to join the PLA.

International rankings
* A.T. Kearney/Foreign Policy Foreign Policy Magazine: [http://www.atkearney.com/main.taf?p=5,4,1,116 Globalization Index 2005], not ranked out of 62 countries * Heritage Foundation/The Wall Street Journal: [http://www.heritage.org/research/features/index/ 2005] Index of Economic Freedom, ranked 1st out of 155 countries, for 11 years in a row. * IMD International: [http://www01.imd.ch/wcy/ World Competitiveness Yearbook 2005], ranked 2nd out of 60 economies (countries and regions) * Reporters without borders: [http://www.rsf.fr/article.php3?id_article=11715 Third annual worldwide press freedom index (2004)], ranked 34th out of 167 countries * Save the Children: [http://www.savethechildren.org/mothers/report_2005/ State of the World's Mothers 2005], not ranked out of 110 countries * Skyline: [http://www.emporis.com/en/bu/sk/st/sr/], ranked 1st out of all cities of the world * The Economist: [http://www.economist.com/theworldin/international/displayStory.cfm?story_id=3372495&d=2005 The World in 2005 - Worldwide quality-of-life index, 2005], ranked 18th out of 111 countries * Transparency International: [http://www.transparency.org/pressreleases_archive/2004/2004.10.20.cpi.en.html Corruption Perceptions Index 2004], ranked 16th out of 146 countries * World Economic Forum: [http://www.weforum.org/site/homepublic.nsf/Content/Global+Competitiveness+Programme%5CGlobal+Competitiveness+Report Global Competitiveness Report 2004-2005 - Growth Competitiveness Index Ranking], ranked 21st out of 104 countries

References
* ''A Borrowed Place: The History of Hong Kong''. Frank Welsh. Kodansha America. 1 October 1993. 624 pages. ISBN 1568360029. * ''Hong Kong's History: State and Society Under Colonial Rule (Asia's Transformations)''. Tak-Wing Ngo. Routledge. 1 August 1999. 205 pages. ISBN 0415208688. * ''The Cinema of Hong Kong: History, Arts, Identity''. Poshek Fu, David Deser. Cambridge University Press. 25 March 2002. 346 pages. ISBN 0521776023. * ''A Modern History of Hong Kong''. Steve Tsang. I.B. Tauris.