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Even though the territory experienced certainly one of Asia's greatest production economies during the latter half of the colonial era, Hong Kong's economic system is now dominated because of the company sector. The sector generates ninety two.7 for each cent of economic output, with the general public sector accounting for approximately ten for every cent.

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Hong Kong is really a hugely developed territory and ranks fourth within the UN Human progress Index.[29] The city also has the biggest amount of skyscrapers of any town on the earth,[thirty] and its residents have a lot of the maximum lifetime expectancies on this planet.

food stuff in Hong Kong is mostly according to Cantonese cuisine, Regardless of the territory's exposure to foreign influences and its residents' diverse origins. Rice would be the staple food items, and will likely be served basic with other dishes.[268] Freshness of ingredients is emphasised. Poultry and seafood are commonly sold Dwell at damp marketplaces, and substances are utilised as promptly as is possible.

The federal government maintains a coverage of "mom tongue instruction"; most educational institutions use Cantonese as the medium of instruction, with penned schooling in equally Chinese and English.

Administrative infrastructure was swiftly constructed by early 1842, but piracy, ailment, and hostile Qing procedures to begin with prevented The federal government from attracting commerce. disorders around the island improved throughout the Taiping Rebellion from the 1850s, when quite a few Chinese refugees, which include rich merchants, fled mainland turbulence and settled during the colony.[16] even further tensions in between the British and Qing over the opium trade escalated into the 2nd Opium War.

Hong Kong provides a extremely made, refined transport community. in excess of 90 for each cent of everyday journeys are made on general public transport, the best percentage on the globe.

Hong Kong is characterised as a hybrid of East and West. common Chinese values emphasising spouse and children and training Mix with Western beliefs, like economic liberty along with the rule of legislation.[257] Although the overwhelming majority of your populace is ethnically Chinese, Hong Kong has formulated a distinct identity. The territory diverged from the mainland resulting from its very long duration of colonial administration and a unique rate of economic, social, and cultural development. Mainstream lifestyle is derived from immigrants originating from various areas of China. This was affected by British-style education and learning, a independent political system, plus the territory's swift enhancement during the late 20th century.

The territory is split into eighteen districts, Each and every represented by a district council. These advise the government on area difficulties like public facility provisioning, Neighborhood programme routine maintenance, cultural advertising, and environmental policy.

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at first a sparsely populated region of farming and fishing villages,[16] the territory has grown to be one of the globe's most significant economic centres and professional ports.[21] it's the entire world's tenth-major exporter and ninth-greatest importer.[22][23] Hong Kong has A serious capitalist services financial state characterised by small taxation and free of charge trade, and its forex, the Hong Kong greenback, would be the eighth most traded currency on earth.

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The Hong Kong Jockey Club, the territory's most significant taxpayer,[288] contains a monopoly on gambling and provides above 7 for every cent of presidency profits.[289] Three forms of gambling are lawful in Hong Kong: lotteries and betting on horse racing and football.[288] education and learning

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To reduce the trade imbalance, the British marketed big quantities of Indian opium to China. Faced with a drug crisis, Qing officials pursued at any time additional aggressive steps to halt the opium trade.[57]