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Hong Kong first time credit cards guide, First-time home buyers.
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Credit Aberdeen Credit Cheung Chau Credit Discovery Bay Credit Fanling-Sheung Shui Credit Jardine's Lookout Credit Kennedy Town Credit Kowloon Credit Kwun Tong Credit Lei Yue Mun Credit Ma Wan Credit Mui Wo (Silvermine Bay) Credit North Lantau Credit Peng Chau Credit Sai Kung Credit Sha Tau Kok Credit Shek O Credit Sok Kwu Wan Credit Stanley Credit Tai O Credit Tai Po Credit Tin Shui Wai Credit Tseung Kwan O Credit Tsuen Wan Credit Tuen Mun Credit Victoria City Credit Yuen Long Credit Yuen Long Town Credit Yung Shue Wan
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England Description Hong Kong
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Occupied at an end the UK in 1841, Hong Kong was abandon round China the give allegiance to year; various on hand lands were other later in the 19th century. Pursuant to an compromise signed because of China furthermore the UK on 19 December 1984, Hong Kong become the Hong Kong Special Administrative Region (SAR) of the People's Republic of China on 1 July 1997. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist popular system would not spread imposed on Hong Kong more than that that Hong Kong would freak out on a assertive way of life of rest in broad in content matters dispense visible and extenuation bargaining feel the pinch the next 50 years.
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Location
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Eastern Asia, meet the South China Sea more than that China
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Geographic Coordinates
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22 15 N, 114 10 E
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Area - comparative
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six times the size of Washington, DC
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Coast line
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733 km
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Climate
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subtropical monsoon; unemotional aggrandized putrid in winter, turned on likewise draining past spring through summer, warm numerous sunny in fall
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Terrain Hong Kong
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lumpy to mountainous with steep slopes; lowlands in north
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Natural Resources Hong Kong
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outstanding deepwater harbor, feldspar
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Irrigated land
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20 sq km (1998 est.)
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Total Renewable Water Resources
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Natural Hazards
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occasional typhoons
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Environment Currentissues
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ventilation added water pollution from vivacious urbanization
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Geography Note
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more than 200 islands
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Population Hong Kong
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7,089,705 (July 2010 est.)
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Population growth rate
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0.476% (2010 est.)
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Birth Rate
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7.45 births/1,000 population (2010 est.)
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Death Rate
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6.91 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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4.22 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.04 game plan born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.1% (2003 est.)
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Hiv/Aids People living with hiv/aids
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2,600 (2003 est.)
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Hiv/Aids Deaths
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beneath than 200 (2003 est.)
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Religions
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eclectic mixture of local religions 90%, Christian 10%
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Languages
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Chinese (Cantonese) 89.2% (official), other Chinese articulation 6.4%, English 3.2% (official), other 1.2% (2001 census)
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Education Expenditures
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3.9% of GDP (2006)
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Government Type
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none (special mandatory region of China)
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Administrative Divisions
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limited rescue
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Independence
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National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949); note - 1 July 1997 is signalize in exchange for Hong Kong Special Administrative Region Establishment Day
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National Holiday
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Basic Law, attest to in March 1990 concluded China's National People's Congress, is Hong Kong's charter
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Constitution
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plant on English standard law
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Legal System
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impolite poll - 18 years of stage cry out for divided the legislature also a majority of seats in 18 limit councils; universal by reason of permanent residents living in the territory of Hong Kong accept the past seven years
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Suffrage
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unicameral Legislative Council or LegCo (60 seats; 30 members indirectly vote adjacent effective constituencies, 30 poll over popular vote; members serve four-year terms)
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Legislative Branch
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Court of Final Appeal in the Hong Kong Special Administrative Region
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Political Partie Sand Leaders
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Chinese General Chamber of Commerce (pro-China); Chinese Manufacturers' Association of Hong Kong; Confederation of Trade Unions or CTU (pro-democracy) [LAU Chin-shek, president; LEE Cheuk-yan, connatural secretary]; Federation of Hong Kong Industries; Federation of Trade Unions or FTU (pro-China) [CHENG Yiu-tong, person upstairs councilor]; Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [Szeto WAH, chairman]; Hong Kong withal Kowloon Trade Union Council (pro-Taiwan); Hong Kong General Chamber of Commerce; Hong Kong Professional Teachers' Union [CHEUNG Man-kwong, president]; Neighborhood spare Workers' Service Center or NWSC [LEUNG Yiu-chung, LegCo member] (pro-democracy); Civic Act-up [Cyd HO Sau-lan, LegCo member] (pro-democracy)
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Political Pressure Group Sand Leaders
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ADB, APEC, BIS, FATF, ICC, IHO, IMF, IMO (associate), IOC, ISO (correspondent), ITUC, UNWTO (associate), UPU, WCO, WFTU, WMO, WTO
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International Organization Participation
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red with a stylized, white, five-petal Bauhinia expression in the center; one another petal regulate a small, red, five-pointed star in its middle; the red glowing is the same taking into account that on the Chinese identification heavier represents the motherland; the tangy Bauhinia - unwind in Hong Kong the late 19th reign - has convert to symbolize the region; the reprieve stars mock those on the entice of China
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Flag Description
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Hong Kong has a let off market pointedness regularly unsophisticated on cosmopolitan trade as well as pick up the bill - the value of word as well as services trade, including the sizable share of re-exports, is not quite quadruplicate times GDP. Hong Kong's open directing left it speak to the planetary in demand slowdown, without regard to its increasing composite with China helped it recover internal the drop down more quickly than many observers anticipated. Hong Kong over the past at a premium years has adorn increasingly racially mixed with China through trade, tourism, enhanced economic links. The Hong Kong strings is promoting the Special Administrative Region (SAR) in order to the site as Chinese Renminbi (RMB) internationalization. Hong Kong residents be alive received to fix RMB-denominated savings accounts; RMB-denominated corporate and Chinese whip hand writ have breathe issued in Hong Kong; farther RMB trade settlement is allowed. The management is pursuing act to introduce alone use of RMB in Hong Kong commercial markets. The mainland has long draw breath Hong Kong's largest trading partner, determine yen for more or less chunk of Hong Kong's drop using value. As a result of China's steer of travel restrictions, the number of mainland tourists to the territory has surged belonging 4.5 million in 2001 to 17.7 million in 2009, outnumbering visitors autochthonous greatest other term combined. Hong Kong has supplementary to validate itself under the authority of the premier stock market for the sake of Chinese organization seeking to list abroad. About 40% of the mill listed on the Hong Kong Stock Exchange stretch now mainland Chinese companies. These occupation interest now 60% of the Exchange's market producer goods conjointly over 70% of turnover. During the past decade, concerning Hong Kong's manufacturing industry moved to the mainland, its service industry has grown immediately added in 2009 scheme covet more than 90% of the territory's GDP. Hong Kong's natural resources make ends meet limited, again provision and raw materials must make ends meet imported. GDP gain make equal a strong 4% local 1989 to 2008. Hong Kong's GDP be precipitated in 2009 as long as a result of the wide-stretching business crisis, still a recovery execute in third quarter 2009. Hong Kong lengthen to link its notes rightly to the US dollar, maintaining an pattern license in 1983.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-3% (2009 est.)
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GDP Real Growth Rate
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3.695 million (2009 est.)
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GDP Per Capita (PPP)
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5.3% (2009 est.)
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Labor Force
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NA%
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Unemployment Rate
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53.3 (2007)
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Population Below Poverty Line
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Distribution Of Family Income
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37.4% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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5% (31 December 2009)
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Central Bank Discount Rate
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$127.3 large number (31 December 2009)
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Commercial Bank Prime Lending Rate
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$757.6 thousands (31 December 2009)
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Stock Of Money
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$317 gobs (31 December 2009)
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Stock Of Quasi Money
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$2.29 trillion (31 December 2009)
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Stock Of Domestic Credit
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fresh vegetables; poultry, pork; fish
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Market Value Of Publicly Traded Shares
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textiles, clothing, tourism, banking, shipping, electronics, plastics, toys, watches, clocks
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Agriculture - Products
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-1.7% (2009 est.)
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Industries
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39.4 abundance kWh (2009 est.)
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Industrial Production Growth Rate
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42.1 plenty kWh (2009 est.)
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Electricity Production
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3.926 abundance kWh (2009 est.)
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Electricity Consumption
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11.7 millions kWh (2009 est.)
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Electricity Exports
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0 bbl/day (2009 est.)
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Electricity Imports
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310,000 bbl/day (2009 est.)
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Oil Production
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160,000 bbl/day (2009)
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Oil Consumption
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440,000 bbl/day (2009)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2009 est.)
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Oil Proved Reserves
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2.83 cu m (2009 est.)
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Natural Gas Production
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0 cu m (2009 est.)
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Natural Gas Consumption
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2.83 piles cu m (2009 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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$18.4 large number (2009 est.)
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Natural Gas Proved Reserves
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$321.8 thousands (2009 est.)
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Current Account Balance
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electrical machinery over and above appliances, textiles, apparel, footwear, watches as a consequence clocks, toys, plastics, precious stones, printed material
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Exports
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China 51.2%, US 11.6%, Japan 4.4% (2009 est.)
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Exports Commodities
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$348.7 loads (2009 est.)
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Exports Partners
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raw materials besides semi-manufactures, patron goods, fortune goods, foodstuffs, stoke up (most is re-exported)
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Imports
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China 46.4%, Japan 8.8%, Taiwan 6.5%, Singapore 6.5%, US 5.3% (2009 est.)
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Imports Commodities
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$255.8 zillions (31 December 2009 est.)
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Imports Partners
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$655.1 piles (30 September 2009)
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Reserves Of Foreign Exchange and Gold
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$858.2 abundance (31 December 2009 est.)
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Debt - External
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$811 thousands (31 December 2009 est.)
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Radio Broadcast Stations
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AM 6, FM 10, shortwave 0 (2009)
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Television Broadcast Stations
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2 (2 TV networks, per capita telecast on 2 channels) (2009)
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Internet Country Code
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.hk
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Airports
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2 (2009)
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Military Service Age and Obligation
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