Essay on Hong Kong

Submitted By allennamyip
Words: 2073
Pages: 9
Open Document
Hong Kong

Hong Kong is a special administrative region of the People’s Republic in China. It located at China’s south coast and called by Pearl River Delta and South China Sea. Hong Kong population came with 7 million people, and it is the one of the most densely populated areas in the world. Hong Kong’s population contains 95% of Guangdong (Province) Chinese descendants and 5% from the other country. Hong Kong used to be a colony by British Empire in 1842s after China lost the First Opium War against Great Britain. In July of 1997, Hong Kong was handed back to the Chinese authorities who ended more than 150 years of British control. In additional, Hong Kong is the one of the world’s leading international financial centers, which has a strong economy with low taxation and free trade. And the currency of Hong Kong dollar is 8th of the world of traded. Hong Kong is located at the southeast coast of china. It comprises three main territories in Hong Kong which are Hong Kong Island, Kowloon, and New Territories. Hong Kong Island is an island that located in the southern part of Hong Kong. It has a population approximately of 1,289,599 people. The Kowloon is located northern part of the main landmass in Hong Kong. It also called New Kowloon. Kowloon is an urban area Hong Kong. It has population of 2,019,533. New Territories is a main region of the three regions in Hong Kong. It makes up almost 86.2% of Hong Kong’s territory. It has a population of 3,691,093 peoples.

In Hong Kong, the official languages are the English and Chinese (Cantonese), English became the sole official language of Hong Kong because Hong Kong was a colony of British before 1997. English and Cantonese are both under Hong Kong Basic Law and the official language ordinance Law. For Cantonese speaker, 97% of the population in Hong Kong, it is originating from Guangzhou in China. It is the main variety used in education, broadcasting, government administration, legislature and judiciary in daily social communication.

In Hong Kong, a large variety of religious group which included Buddhism, Taoism, Confucianism, Christianity, Islam, Hinduism, Sikhism, Judaism, and Jainism. Most of the people in Hong Kong believe in Buddhism due to China’s influence. In 2010, the religion of Buddhists is up to approximately 1.5 million Buddhists. Most of the Hong Kong people would claim no religious affiliation such as agnosticism, atheism or indifference towards religions, because Hong Kong has a religious freedom rights protected by the Basic Law and relevant legislation. The politics in Hong Kong is take place from the framework of a political system dominated by China. On July 1, 1997, Hong Kong was transferred to People’s Republic of China control. Hong Kong has Special Administrative Region status which is provided constitutional guarantees for implementing the policy of “One country, two systems”. And the head of government in Hong Kong is called “The Chief Executive” it’s elected indirectly by Electoral College, the majority members of legislative.

The GPD in Hong Kong is contracted 0.10% in the second quarter of 2012. From 1990 to 2012, the GPR in Hong Kong Growth Rate averaged 0.98%, it provides an aggregated measure to changes in value of the goods and services produced by economy. Moreover, the Hong Kong dollar is the eighth most traded currency in the world. It pegged with United States dollar is $1 USD = $7.75HKD. In additional, the greatest challenge of Hong Kong needs to face is solve the unemployment crisis. The unemployment rate in Hong Kong became a hot topic in the past few months when it rose to 3.5%. It raised many social and economic problems. For example: people suicide is increased because people lost their jobs a long time.

In Hong Kong labor market, Staff must include wage and overtime pay. If the work or the price employees pay the employee to pay for each item completed must be marked on the basis of a work or
Show More

Related Documents: Essay on Hong Kong

Hong Kong Essay

3 Hong Kong, Special Administrative Region China Hong Kong, the present day international city of over 7 million people began as a port for British drug dealers. During the first Opium War in 1841, Hong Kong Island was acquired by the British and became a center for the opium trade. Since then, Hong Kong has grown from a small coastal fishing village into a busy global city with the world’s highest population density. The city’s harbour location, its unique setting and…

Words 1127 - Pages 5

Singapore And Hong Kong

Joanne Garrett Singapore and Hong Kong Macroeconomic (ECON 224-150A-03) Ceren Yilmaz March 15, 2015 The mission of the World Bank is to help developing countries and their countries and their people reach the goods by working with our partners to alleviate property. “By focusing on six strategies theme used by the World to support their mission” the Bank delivers technical, financial aid others assistance to those most in need and where it can have the greatest impact and promote growth…

Words 669 - Pages 3

Consumer Behavior In Hong Kong

CONSUMER DEMAND AN ECONOMETRIC IN HONG KONG ANALYSIS 1 E. R. LIM * Introduction The objectives of consumer demand analysis are first, to isolate a few major variables from the many and complex factors influencing consumer behaviour, and second, to verify empirically that this relatively small number of parameters gives a reasonable explanation of a wide range of observations on consumer behaviour. The quantitative knowledge thus obtained is necessary for the study of economic development…

Words 5617 - Pages 23

Hong Kong SARS Outbreak

The SARS experience was much more different than historical outbreaks such as influenza due to our newfound worldwide cooperation and modern medical. The work done by the Hong Kong government and international support made it possible for me to be able to model the total cases with a logistic model, as the SARS outbreak was contained in mere months with a total of only 1755 cases. Had this not been the case like in the Influenza…

Words 625 - Pages 3

Essay on Battle of Hong Kong

Nicole Dean & Ashley Mutton Period 3 January 13, 2015 Battle of Hong Kong The Canadians first made an appearance in the Second World War in December of 1941, while called to protect Hong Kong from a Japanese attack. The Canadian soldiers along side the Hong Kong soldiers fought relentlessly with overwhelming odds against them. The soldiers refused to surrender but were eventually overrun by the Japanese. Those who survived the battle became prisoners of war and suffered the torture, disease,…

Words 1668 - Pages 7

Importance Of Democracy In Hong Kong

Are Singapore and Hong Kong proof enough that well being does not need democracy? Introduction According to Aristotle, “in a democracy the poor will have more power than the rich, because there are more of them, and the will of the majority is supreme”1. This quote in Politics indicates that the poor will less likely be marginalized under a democratic regime because they will be more represented with the vast amount of the population. Non-democracies are often criticized that the rulers only concern…

Words 3429 - Pages 14

Hong Kong Disneyland Essay

Hong Kong Disneyland This case explores Disney’s effort to open is third park outside the USA. The case begins by discussing the experiences of Tokyo and Paris. With the expectation of China becoming the world’s largest tourism destination and because the local tourists have a great spending power, Hong Kong Disneyland should have a great success. But the problems that occurred for Disneyland Paris demonstrated that even a global brand like Disney can face big challenges to extend the brand in another…

Words 627 - Pages 3

English Language In Hong Kong

translated into more then 80 Languages and dialects. There are enough people heard of this genius playwright – Shakespeare – a big name in English literature. But how many people in the world have actually read and understand Shakespeare’s work? Hong Kong for instant, apart from people who studied English literature in secondary school and university, the general public would not be able to appreciate the work of Shakespeare even the dramatist, it simply because they do not get access to the language…

Words 584 - Pages 3

Snack industry in Hong Kong Essay

First store located in Kwai Chung Plaza Year 2012 – 759 STORE branches exceeded 53 store than Okashiland Year 2013 Apr – Branch increased to 143 stores in Hong Kong Year 2013 Aug – First mini-supermarket located in Sai Wan Ho Year 2013 Sept – Branch increased to 152 stores in Hong Kong Year 2013 Dec – Branch increased to 171 stores in Hong Kong, trial store for snack for Pets, household and personal care. 6) Company Summary 759 STORE established in July 2010, is the retail business of the…

Words 6273 - Pages 26

Hong Kong Market System Essay

Slogett Hong Kong: A Market System Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role - in 2010 China became the world's largest exporter. China has renewed its support for state-owned enterprises in sectors considered important to "economic security," but keeping Hong Kong a “free-Market system". Hong Kong is a free market because it has entrepreneurship, competition…

Words 640 - Pages 3