[216] town has the 2nd-best variety of corporate headquarters within the Asia-Pacific region.[217] Hong Kong is really a gateway for foreign immediate financial investment in China, supplying traders open usage of mainland Chinese markets via direct one-way links Together with the Shanghai and Shenzhen inventory exchanges. The territory was the first marketplace outside mainland China for renminbi-denominated bonds, and has become the biggest hubs for offshore renminbi trading.[218]
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The territory's jurisdictional independence is most obvious in its immigration and taxation insurance policies. The Immigration Department challenges passports for permanent residents which vary from Those people from the mainland or Macau,[115] as well as region maintains a regulated border with the remainder of the place.
All travellers among Hong Kong and China and Macau will have to pass through border controls, regardless of nationality.[116] Mainland Chinese citizens do not need appropriate of abode in Hong Kong and they are matter to immigration controls.[117] general public funds are managed individually through the nationwide federal government; taxes levied in Hong Kong tend not to fund the central authority.[118][119]
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Hong Kong has a extremely created, complex transport network. about ninety for each cent of day by day trips are made on community transport, the highest proportion on the planet.
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