[216] The city has the next-best amount of company headquarters inside the Asia-Pacific location.[217] Hong Kong is a gateway for international direct expense in China, offering investors open up use of mainland Chinese marketplaces via direct back links While using the Shanghai and Shenzhen inventory exchanges. The territory was the very first industry outside mainland China for renminbi-denominated bonds, and is one of the most significant hubs for offshore renminbi investing.[218]
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These universities are matter for the curriculum rules as provided by the instruction Bureau. personal universities subsidised beneath the immediate Subsidy Scheme and international faculties slide beyond This method and may elect to employ differing curricula and educate applying other languages.[292]
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The identify of your territory, first romanised as "He-Ong-Kong" in 1780,[35] originally referred to a small inlet Found amongst Aberdeen Island as well as southern Coastline of Hong Kong Island. Aberdeen was an initial point of Get hold of concerning British sailors and local fishermen.[36] Even though the supply of the romanised title is unknown, it is usually thought to get an early phonetic rendering of your Cantonese pronunciation hēung góng. The name translates as "fragrant harbour" or "incense harbour".
The Joint Declaration ensures The fundamental legislation for fifty several years following the transfer of sovereignty.[seventy five] it doesn't specify how Hong Kong is going to be governed immediately after 2047, plus the central govt's position in deciding the territory's foreseeable future process of government is the topic of political debate and speculation.