The territory is divided into eighteen districts, Each individual represented by a district council. These advise the government on community difficulties for instance public facility provisioning, Group programme routine maintenance, cultural advertising, and environmental plan.
because the mainland liberalised its economic climate, Hong Kong's shipping and delivery sector faced rigorous Levels of competition from other Chinese ports. Fifty per cent of China's trade goods have been routed through Hong Kong in 1997, dropping to about thirteen for every cent by 2015.[216] The territory's negligible taxation, popular legislation system, and civil services attract overseas corporations wishing to determine a existence in Asia.
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These schools are issue into the curriculum guidelines as furnished by the schooling Bureau. non-public educational facilities subsidised under the immediate Subsidy Scheme and Intercontinental faculties fall outside of This method and may elect to utilize differing curricula and teach utilizing other languages.[292]
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promptly after the transfer, Hong Kong was severely impacted by several crises. The government was compelled to work with considerable overseas-Trade reserves to maintain the Hong Kong greenback's currency peg throughout the 1997 Asian economical crisis,[sixty nine] as well as the Restoration from this was muted by an H5N1 avian-flu outbreak[seventy eight] and also a housing surplus.
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Its inhabitants rebounded quickly following the war, as expert Chinese migrants fled from your Chinese Civil War, and even more refugees crossed the border when the Communist get together took Charge of mainland China in 1949.[sixty nine] Hong Kong grew to become the very first on the 4 Asian Tiger economies to industrialise in the 1950s.[70] using a promptly raising inhabitants, the colonial authorities began reforms to enhance infrastructure and general public expert services.
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