Hong Kong
Although it began as a small fishing village on the edge of the South China Sea until Hong Kong became a successful trading center, everything changed in the middle of the nineteenth century when the British arrived and transformed this village into a vibrant modern gem and a wealthy city that still thrives today, and China has agreed to recognize Hong Kong as a real economic power.
History of Hong Kong People have lived in Hong Kong for around 6000 years, and the original settlers in Hong Kong were semi-coastal people who migrated from the inland and later brought the expertise in rice farming, and the following are the most important elements of Hong Kong history:
- During the Mongol conquest of China in the thirteenth century, the Southern Song court was briefly located in the modern city of Kowloon, before being defeated by the end of the Yuan dynasty.
- Despite the merchants' expulsion following military skirmishes in the 1920s, economic links between Portugal and China were restored by 1549.
- Hong Kong's first higher education institution, the University of Hong Kong, was established in 1911.
- Hong Kong's first higher education institution, the University of Hong Kong, was established in 1911.
- Kai Tak Airport first opened its doors in 1924.
- To safeguard Hong Kong's status as a free port, Governor Geoffrey Northcott declared the territory a neutral territory at the outset of the Second Sino-Japanese War in 1937.
- Several crises have plagued Hong Kong, and the government was compelled to deploy considerable foreign exchange reserves during the Asian financial crisis of 1997.
- Following the consolidation of sovereignty, political discussions focused on the region's democratic growth and the central government's adherence to the one-country, two-systems idea.
The economy of Hong Kong
Hong Kong is the world's 35th largest economy, with a mixed capitalist economy characterized by low taxation, limited government interference, and a well-established international financial industry. The following are the most essential aspects of Hong Kong's economy:
- Hong Kong's GDP is estimated to be at 381 billion dollars.
- Although Hong Kong's economy has been ranked first in the Index of Economic Freedom since 1995, income inequality is rather significant.
- With a market value of $3.87 trillion, the Hong Kong Stock Exchange is the world's seventh-largest.
- According to 2017 estimates, Hong Kong is the tenth-largest trading entity in terms of exports and imports, trading in items worth more than its GDP.
- Goods passing through Hong Kong's ports account for more than half of the city's output.
- Products made on the mainland About 40% of Hong Kong's products come from China.
- Because of its geographic location, Hong Kong has developed a transportation and logistics infrastructure that includes the world's seventh busiest container port and the busiest international freight airport, serving the territory's two largest export markets, mainland China and the United States.
- Hong Kong has limited arable land and few natural resources, therefore it imports nearly all of its food, including practically all of its beef and rice.
Hong Kong's weather conditions
The nature of the climate in Hong Kong can be illustrated as follows: Hong Kong is located on the northern edge of the tropics, and wet and dry seasonal fluctuations are characterized by high levels, with hot and humid summers and cold and dry winters across Hong Kong.
- The climate of the contiguous big continent is mostly regulated by air pressure systems, and comparatively dry monsoons blow from the northeast in the winter.
- In January and July, average temperatures are roughly 60°F (16 °C) and 84°F (29°C), respectively. The lowest recorded temperature was 32°F (0°C) in January 1893, and the highest was 97°F (36°C) in August 1900.
- The average annual precipitation is around 88 inches, with more than half falling during the summer months of June, July, and August and only approximately 10% falling between November and March.
Hong Kong's most important tourist attractions
With a population of seven million people and 260 islands, Hong Kong has more high-rise skyscrapers than any other city on the planet, and it is a popular tourist destination for visitors from all over the world. The following are the characteristics of the most important tourist attractions in Hong Kong:
- Since the 1880s, lowly ships have been making their way through Hong Kong's Ferry Star, providing visitors with an unequaled perspective of the waterways as well as a wonderful vista of the skyscrapers and mountains.
- Night markets are not as common in Hong Kong as they are in other parts of Southeast Asia, which is why Temple Street, where traditional Chinese street cuisine, as well as all the traditional trinkets and souvenirs, is so popular.
- Victoria Peak Park: One of the first places a tourist should visit in Hong Kong is Peak Park, which is located at the highest point on Hong Kong Island and is known for its cold mountain air. Victoria Peak is one of the city's most unique locales.