History of Hong Kong and its emergence to its present image and identity. Growth in terms of trade and National Income of the country.
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2. Hong Kong is a city on the southern coast of China at the Pearl River Estuary
and the South China Sea.
3. It is well known for its expansive skyline, deep natural harbour and
extreme population density (some 70,00,000 inhabitants over a land mass of
1,104 km2).
4. After the British defeated China in the First OpiumWar (1839–42) over their conflicts on
diplomatic relations, trade, and the administration of justice for foreign nationals., Hong
Kong became a British colony with the perpetual cession of Hong Kong Island.
The formation of Kowloon Peninsula in 1860 and a 99-year lease of the NewTerritories in
1898 followed.
Japan occupied Hong Kong during the SecondWorldWar (1941–45)
The British resumed control until 30 June 1997.
Hong Kong was transferred to the People's Republic of China under the 1984 Sino-British
Joint Declaration.
The city became China's first SpecialAdministrative Region on 1 July 1997 under the
principle of "one country, two systems“.
5. These figures suggest that Hong Kong
has been catching up fast.
Starting from 1979, two important
events that have had vital impacts on
the growth of the economy, both of
them are related to China:
1. The opening up of the Chinese
economy to foreign trade and
investment 1979, and
2. The reversion of Hong Kong to
China on July 1, 1997.
-Source: HK Census and Statistics Department
Growth Rate of Hong Kong during the years 1960-2000
For more than three decades, Hong Kong has been
experiencing some of the highest growth rates in the world.
In 1961, its per capita income was US$410, about 13.8 percent of
that of the United States in the same year.
In 1996, its per capita income rose to US$24,490, which was
85.1 percent of that of the United States.
6. Towards the late 1970s, Hong Kong became established as a major entrepôt
between the world and China.
The city has developed into a major global trade hub and has become the third
most important financial centre.
It is regarded as a world city and one of the eight Alpha+ cities.
It is ranked highly in the Global Competitiveness Report.
The Hong Kong dollar, is the 13th most traded currency in the world.
7. Hong Kong is identified by its world famous Disneyland Resort where carnivals take place
every year in which participants in the costumes of all Disney characters present a show.
8. Victoria Peak is a mountain in the western half of Hong Kong Island. It is also
known as Mount Austin, and locally asThe Peak. With an altitude of 552 m, it is
the highest mountain on the island.
9. Hong Kong is also known as a shopper's paradise, with its many malls, stores and
street markets offering bargains on everything from designer jeans to jade necklaces.
10. Hong Kong is justifiably famous for its restaurants and its cuisine, but it's the variety of
food that is mind-boggling from snake soup to whole roast suckling pig.
11. We shall adopt the CE's vision to guide the preparation of HK 2030, as
follows : "Hong Kong should not only be a major Chinese city but the
most cosmopolitan city in Asia, enjoying a status comparable to that of
NewYork in North America and London in Europe."
This vision reflects the goals set for Hong Kong in CSD's consultancy
study, which have been formulated with regard to our current
achievements, our own strengths and potential as well as the major
trends and driving forces that may affect Hong Kong in the next 30 years.
Through the public consultation process, we hope to share with the
public their ideas and views on how to achieve this vision.The ideas and
views raised by the public would also help define more specific planning
objectives to guide the generation and evaluation of planning strategies.
-Source: www.pland.gov.hk/pland_en/p_study/comp_s/hk2030/eng/finalreport/planningvisionandobjectives/
12. After studying the growth rate of Hong Kong, I feel Hong Kong will soon
be somewhere at the top on the list of most cosmopolitan cities in the
world.The city has shown commendable growth in the last five decades by
increasing the trade internationally as well as nationally.
It is already an important trade hub and a financial centre for the world and
I feel it can reach to the level of the U.S.A in the years to come in terms of
trade and national income.