Political debates following the transfer of sovereignty have centred round the region's democratic advancement and the central governing administration's adherence for the "a single nation, two systems" theory. just after reversal of the last colonial era Legislative Council democratic reforms next the handover,[eighty one] the regional authorities unsuccessfully attempted to enact nationwide stability legislation pursuant to post 23 of The essential regulation.[82] The central authorities conclusion to put into practice nominee pre-screening just before letting Chief govt elections triggered a series of protests in 2014 which turned generally known as the Umbrella Revolution.
These colleges are topic towards the curriculum tips as supplied by the education and learning Bureau. Private colleges subsidised beneath the Direct Subsidy plan and Intercontinental colleges fall beyond This method and should elect to work with differing curricula and train working with other languages.[292]
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The title on the territory, 1st romanised as "He-Ong-Kong" in 1780,[35] initially referred to a small inlet Positioned between Aberdeen Island plus the southern coast of Hong Kong Island. Aberdeen was an First level of Get hold of between British sailors and native fishermen.[36] Even though the source of the romanised title is unknown, it is generally believed being an early phonetic rendering on the Cantonese pronunciation hēung góng. The identify translates as "fragrant harbour" or "incense harbour".
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Western classical music has historically had a strong existence in Hong Kong, and remains a big part of local musical schooling.[280] The publicly funded Hong Kong Philharmonic Orchestra, the territory's oldest professional symphony orchestra, often host musicians and conductors from overseas.
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After the Qing conquest, maritime trade was banned under the Haijin insurance policies. The Kangxi Emperor lifted the prohibition, allowing for foreigners to enter Chinese ports in 1684.[fifty five] Qing authorities established the Canton method in 1757 to regulate trade more strictly, proscribing non-Russian ships on the port of Canton.[56] Whilst European demand from customers for Chinese commodities like tea, silk, and porcelain was higher, Chinese desire in European made goods was insignificant, in order that Chinese goods could only be bought with valuable metals.
[216] The city has the next-highest quantity of company headquarters during the Asia-Pacific location.[217] Hong Kong can be a gateway for overseas direct financial investment in China, supplying traders open use of mainland Chinese markets via immediate back links with the Shanghai and Shenzhen inventory exchanges. The territory was the main industry outside the house mainland China for renminbi-denominated bonds, and is among the biggest hubs for offshore renminbi buying and selling.[218]
Although the territory had certainly one of Asia's most significant producing economies throughout the latter 50 percent on the colonial period, Hong Kong's financial state is now dominated via the assistance sector. The sector generates ninety two.7 for each cent of financial output, with the public sector accounting for about 10 for every cent.
To decrease the trade imbalance, the British marketed massive amounts of Indian opium to China. confronted with a drug crisis, Qing officials pursued ever much more intense steps to halt the opium trade.[57]