Hong Kong
Hong Kong Special Administrative Region
limited democracyIndependence none (special administrative region of China)
Hong Kong as the 2013 edition of the CIA World Factbook published it: 150 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
Occupied by the UK in 1841, Hong Kong was formally ceded by China the following year; various adjacent lands were added later in the 19th century. Pursuant to an agreement signed by China and the UK on 19 December 1984, Hong Kong became the Hong Kong Special Administrative Region (SAR) of the People's Republic of China on 1 July 1997. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be imposed on Hong Kong and that Hong Kong would enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years.
Geography
Eastern Asia, bordering the South China Sea and China
18 fieldsLand useshare of 1,104 sq km
Climate
subtropical monsoon; cool and humid in winter, hot and rainy from spring through summer, warm and sunny in fall
Environment - international agreements
party to: Marine Dumping (associate member), Ship Pollution (associate member)
People and Society
26 fieldsAge structuremale left, female right · (2013 est.)
Per 1,000 population(2013 est.)
Male · female
Ethnic groups(2011 census)
Languages
Cantonese (official) 89.5%, English (official) 3.5%, Putonghua (Mandarin) 1.4%, other Chinese dialects 4%, other 1.6% (2011 census)
Sex ratio
- at birth:
- 1.07 male(s)/female
- 0-14 years:
- 1.09 male(s)/female
- 15-24 years:
- 1.07 male(s)/female
- 25-54 years:
- 0.88 male(s)/female
- 55-64 years:
- 1 male(s)/female
- 65 years and over:
- 0.88 male(s)/female
- total population:
- 0.94 male(s)/female (2013 est.)
Government
Limited democracy; President of China HU Jintao (since 15 March 2003); Chief Executive LEUNG Chun-ying [C.Y.LEUNG] (since 1 July 2012)
20 fieldsPresidential electionpercent of vote
Legislative Council or LegCo, elected 9 September 2012percent of vote
Country name
- conventional long form:
- Hong Kong Special Administrative Region
- conventional short form:
- Hong Kong
- official long form:
- Xianggang Tebie Xingzhengqu
- official short form:
- Xianggang
- abbreviation:
- HK
National holiday
- National Day (Anniversary of the Founding of the People's Republic of China), 1 October (1949);
- note - 1 July 1997 is celebrated as Hong Kong Special Administrative Region Establishment Day
Constitution
- several previous (governance documents while under British authority);
- latest drafted April 1988 to February 1989, approved March 1990, promulgated 4 April 1990 (Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China serves as the constitution);
- note - since 1990, China's National People's Congress has interpreted specific articles of the Basic Law (2013)
Legal system
mixed legal system of common law based on the English model and Chinese customary law (in matters of family and land tenure)
Suffrage
- 18 years of age in direct elections for half the legislature and a majority of seats in 18 district councils;
- universal for permanent residents living in the territory of Hong Kong for the past seven years;
- note - in indirect elections, suffrage is limited to about 220,000 members of functional constituencies for the other half of the legislature and an 1,200-member election committee for the chief executive drawn from broad sectoral groupings, central government bodies, municipal organizations, and elected Hong Kong officials
Executive branch
- chief of state:
- President of China HU Jintao (since 15 March 2003)
- head of government:
- Chief Executive LEUNG Chun-ying [C.Y.LEUNG] (since 1 July 2012)
- cabinet:
- Executive Council or ExCo consists of 15 official members and 16 non-official members; (For more information visit theWorld Leaders website)
- elections:
- chief executive elected for five-year term by a 1,200-member election committee;
- on 25 March 2012 LEUNG Chun-ying [C.Y.LEUNG] was elected chief executive by a 1,193-member election committee;
- he took office on 1 July 2012;
- (next to be held in March 2017)
note: the Legislative Council voted in June 2010 to expand the electoral committee to 1,200 seats for the 2012 selection
- election results:
- LEUNG Chun-ying was selected with 689 votes;
- Henry TANG received 285 votes, and Albert HO received 76 of the 1,132 votes cast;
- 82 ballots were deemed invalid;
- most were blank
Legislative branch
unicameral Legislative Council or LegCo (70 seats; 35 members indirectly elected by functional constituencies, 35 elected by popular vote; members serve four-year terms)
note: the LegCo voted in June 2010 to expand to 70 seats for the 2012 election; the measure was approved by the National People's Congress Standing Committee in August 2010
- elections:
- last held on 9 September 2012 (next to be held in September 2016)
- election results:
- percent of vote by block - pro-democracy 56%;
- pro-Beijing 41%, independent 3%;
- seats by parties - (pro-Beijing 43) DAB 13, BRA 7, FTU 6, Liberal Party 5, others 10;
- (pro-democracy 27) Democratic Party 6, Civic Party 6, Labor Party 4, People Power 3, Professional Commons 3, League of Social Democrats 1, ADPL 1, PTU 1, Neo Democrats 1, NWSC 1;
- independent 1
Judicial branch
- highest court(s):
- Court of Final Appeal (consists of the chief justice, 3 permanent judges and 20 non-permanent judges);
- note - a sitting bench consists of the chief justice and 3 permanent and 1 non-permanent judges
- judge selection and term of office:
- all judges appointed by the Hong Kong Chief Executive upon the recommendation of the Judicial Officers Recommendation Commission, an independent body consisting of the Secretary for Justice and other judges, judicial and legal professionals;
- permanent judges appointed until normal retirement at age 65, but can be extended;
- non-permanent judges appointed for renewable 3-year terms without age limit
- subordinate courts:
- High Court (consists of the Court of Appeal and Court of First Instance);
- District Courts (includes Family and Land Courts);
- magistrates' courts;
- specialized tribunals
Political parties and leaders
- parties:
- Association for Democracy and People's Livelihood or ADPL [LIU Sung Lee]; Business and Professional Alliance [Andrew LEUNG]; Civic Party [EU Audrey]; Democratic Alliance for the Betterment and Progress of Hong Kong or DAB [TAM Yiu-cheng]; Democratic Party [Emily LAU]; Labor Party [LEE Cheuk-yan]; League of Social Democrats or LSD [LEUNG Kwok-hung]; Liberal Party [Selina CHOW]; Neo Democrats [joint leaders]; New People's Party [Regina IP Lau Su-yee]; People Power [Raymond WONG Yuk-man]
- others:
- Confederation of Trade Unions or CTU; Federation of Trade Unions or FTU; Neighborhood and Workers Service Center or NWSC; Professional Commons (think tank) [Charles MOK]; Professional Teachers Union or PTU
note:
- political blocs include:
- pro-democracy - ADPL, Civic Party, Democratic Party, Labor Party, League of Social Democrats, People Power, Professional Commons;
- pro-Beijing - DAB, FTU, Liberal Party, New People's Party, The Business and Professional Alliance;
- there is no political party ordinance, so there are no registered political parties;
- politically active groups register as societies or companies
Political pressure groups and leaders
- Chinese General Chamber of Commerce (pro-China);
- Chinese Manufacturers' Association of Hong Kong;
- Confederation of Trade Unions or CTU (pro-democracy) [LEE Cheuk-yan, general secretary];
- Federation of Hong Kong Industries;
- Federation of Trade Unions or FTU (pro-China) [CHENG Yiu-tong, executive councilor];
- Hong Kong Alliance in Support of the Patriotic Democratic Movement in China [LEE Cheuk-yan, chairman];
- Hong Kong and Kowloon Trade Union Council (pro-Taiwan);
- Hong Kong General Chamber of Commerce;
- Hong Kong Professional Teachers' Union [FUNG Wai-wah, president];
- Neighborhood and Workers' Service Center or NWSC [LEUNG Yiu-chung, LegCo member] (pro-democracy);
- Civic Act-up [Cyd HO Sau-lan, LegCo member] (pro-democracy)
International organization participation
ADB, APEC, BIS, FATF, ICC (national committees), IHO, IMF, IMO (associate), Interpol (subbureau), IOC, ISO (correspondent), ITUC (NGOs), UNWTO (associate), UPU, WCO, WTO
Diplomatic representation in the US
- none (Special Administrative Region of China);
- Hong Kong Economic and Trade Office (HKETO) carries out normal liaison and communication with the US Government and other US entities
- commissioner:
- Donald TONG
- office:
- 1520 18th Street NW, Washington, DC 20036
- telephone:
- [1] 202 331-8947
- FAX:
- [1] 202 331-8958
- HKETO offices:
- New York, San Francisco
Diplomatic representation from the US
- chief of mission:
- Consul General Clifford A. HART Jr. (since 30 July 2013); note - also accredited to Macau
- consulate(s) general:
- 26 Garden Road, Hong Kong
- mailing address:
- Unit 8000, Box 1, DPO AP 96521-0006
- telephone:
- [852] 2523-9011
- FAX:
- [852] 2845-1598
Flag description
- red with a stylized, white, five-petal Bauhinia flower in the center;
- each petal contains a small, red, five-pointed star in its middle;
- the red color is the same as that on the Chinese flag and represents the motherland;
- the fragrant Bauhinia - developed in Hong Kong the late 19th century - has come to symbolize the region;
- the five stars echo those on the flag of China
National anthem
note: as a Special Administrative Region of China, "Yiyonggjun Jinxingqu" is the official anthem (see China)
Economy
41 fieldsGDP - composition, by sector of origin(2012 est.)
Trading partnersexports left, imports right
By end use% of GDP
Economy - overview
Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of re-exports, is about four times GDP. Hong Kong levies excise duties on only four commodities, namely: hard alcohol, tobacco, hydrocarbon oil, and methyl alcohol.
There are no quotas or dumping laws. Hong Kong's open economy left it exposed to the global economic slowdown that began in 2008. Although increasing integration with China, through trade, tourism, and financial links, helped it to make an initial recovery more quickly than many observers anticipated, it again faces a possible slowdown as exports to the Euro zone and US slump.
The Hong Kong government is promoting the Special Administrative Region (SAR) as the site for Chinese renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts; RMB-denominated corporate and Chinese government bonds have been issued in Hong Kong;
and RMB trade settlement is allowed. The territory far exceeded the RMB conversion quota set by Beijing for trade settlements in 2010 due to the growth of earnings from exports to the mainland. RMB deposits grew to roughly 9.1% of total system deposits in Hong Kong by the end of 2012, an increase of 59% from the previous year.
The government is pursuing efforts to introduce additional use of RMB in Hong Kong financial markets and is seeking to expand the RMB quota. The mainland has long been Hong Kong's largest trading partner, accounting for about half of Hong Kong's exports by value. Hong Kong's natural resources are limited, and food and raw materials must be imported.
As a result of China's easing of travel restrictions, the number of mainland tourists to the territory has surged from 4.5 million in 2001 to 34.9 million in 2012, outnumbering visitors from all other countries combined. Hong Kong has also established itself as the premier stock market for Chinese firms seeking to list abroad.
In 2012 mainland Chinese companies constituted about 46.6% of the firms listed on the Hong Kong Stock Exchange and accounted for about 57.4% of the Exchange's market capitalization. During the past decade, as Hong Kong's manufacturing industry moved to the mainland, its service industry has grown rapidly.
Growth slowed to 5% in 2011, and less than 2% in 2012. Credit expansion and tight housing supply conditions caused Hong Kong property prices to rise rapidly and inflation to rise 4.1% in 2012. Lower and middle income segments of the population are increasingly unable to afford adequate housing. Hong Kong continues to link its currency closely to the US dollar, maintaining an arrangement established in 1983.
Gross national saving
28.3% of GDP (2012 est.) · 29.7% of GDP (2011 est.) · 30.9% of GDP (2010 est.) country comparison to the world: 32
Industries
textiles, clothing, tourism, banking, shipping, electronics, plastics, toys, watches, clocks
Labor force - by occupation
- manufacturing:
- 4%
- construction:
- 2.7%
- wholesale and retail trade, restaurants, and hotels:
- 40.9%
- financing, insurance, and real estate:
- 12.5%
- transport and communications:
- 9.9%
- community and social services:
- 16.9%
note: above data exclude public sector (2012 est.)
Distribution of family income - Gini index
53.7 (2011) · 53.3 (2007) country comparison to the world: 11
Central bank discount rate
0.5% (31 December 2012) · 0.5% (31 December 2011) country comparison to the world: 135
Commercial bank prime lending rate
5% (31 December 2012 est.) · 5% (31 December 2011 est.) country comparison to the world: 158
Stock of narrow money
$177.7 billion (31 December 2012 est.) · $145.2 billion (31 December 2011 est.) country comparison to the world: 21
Stock of broad money
$1.148 trillion (31 December 2012 est.) · $1.033 trillion (31 December 2011 est.) country comparison to the world: 16
Stock of domestic credit
$714 billion (31 December 2012 est.) · $651.4 billion (31 December 2011 est.) country comparison to the world: 20
Current account balance
$6.064 billion (2012 est.) · $14.01 billion (2011 est.) country comparison to the world: 31
Exports - commodities
electrical machinery and appliances, textiles, apparel, footwear, watches and clocks, toys, plastics, precious stones, printed material
Imports - commodities
raw materials and semi-manufactures, consumer goods, capital goods, foodstuffs, fuel (most is reexported)
Reserves of foreign exchange and gold
$317.4 billion (31 December 2012 est.) · $285.4 billion (31 December 2011 est.) country comparison to the world: 10
Debt - external
$134.7 billion (31 December 2012 est.) · $126 billion (31 December 2011 est.) country comparison to the world: 38
Stock of direct foreign investment - at home
$1.422 trillion (31 December 2012 est.) · $1.185 trillion (31 December 2011 est.) country comparison to the world: 2
Stock of direct foreign investment - abroad
$1.31 trillion (31 December 2012 est.) · $1.129 trillion (31 December 2011 est.) country comparison to the world: 6
Exchange rates
Hong Kong dollars (HKD) per US dollar - 7.76 (2012 est.) · 7.78 (2011 est.) · 7.77 (2010 est.) · 7.75 (2009) · 7.75 (2008)
Energy
23 fieldsInstalled generating capacity, 10.66 million kW(2012 est.)
Carbon dioxide emissions from consumption of energy
92.91 million Mt (2011 est.) country comparison to the world: 40
Communications
7 fieldsTelephone system
- general assessment:
- modern facilities provide excellent domestic and international services
- domestic:
- microwave radio relay links and extensive fiber-optic network
- international:
- country code - 852;
- multiple international submarine cables provide connections to Asia, US, Australia, the Middle East, and Western Europe;
- satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean);
- coaxial cable to Guangzhou, China (2012)
Broadcast media
- 2 commercial terrestrial TV networks each with multiple stations;
- multi-channel satellite and cable TV systems available;
- 3 radio networks, one of which is government-funded, operate about 15 radio stations (2012)
Transportation
6 fieldsMerchant marine, 1,644 ships by type
Military
6 fieldsMilitary branches
- no regular indigenous military forces;
- Hong Kong garrison of China's People's Liberation Army (PLA) includes elements of the PLA Ground Forces, PLA Navy, and PLA Air Force;
- these forces are under the direct leadership of the Central Military Commission in Beijing and under administrative control of the adjacent Guangzhou Military Region (2012)
Manpower available for military service
- males age 16-49:
- 1,704,090
- females age 16-49:
- 1,873,175 (2010 est.)
Transnational Issues
2 fieldsIllicit drugs
- despite strenuous law enforcement efforts, faces difficult challenges in controlling transit of heroin and methamphetamine to regional and world markets;
- modern banking system provides conduit for money laundering;
- rising indigenous use of synthetic drugs, especially among young people
Cite this entry
Central Intelligence Agency. “Hong Kong.” The World Factbook 2013. Archived by The Factbook, thefactbook.org/hong-kong/2013.