Products from mainland China alone account for about 40 per cent of that traffic. Forex Rebate Weekly is a system of partial money refunding to Forex traders after each deal has been executed. Japan, Korea and the World Cup.
Malaysian Ringgit (MYR): Official foreign exchange reference rates as at 2018-08-09T12:15:00+08:00
Tong lau , describing mixed-use tenement buildings constructed during the colonial era, blended southern Chinese architectural styles with European influences. These were especially prolific during the immediate post-war period, when many were rapidly constructed to house large numbers of migrants from China. Mass-produced public housing estates constructed from the s on were largely built in the modernist style.
The Census and Statistics Department estimated the population to be 7,, people as of mid [update]. The predominant language is Cantonese , a variety of Chinese originating in Guangdong. Of residents aged 15 and older, Much of the elderly population were not formally educated as a result of war and poverty. Life expectancy in Hong Kong is Income inequality has risen since the transfer of sovereignty, as the region's ageing population has gradually added to the number of economically inactive people.
Hong Kong has a capitalist mixed service economy , characterised by low taxation , minimal government market intervention, and an established international financial market. Hong Kong is the seventh largest trading entity in both exports and imports , trading more goods in value than its gross domestic product.
Products from mainland China alone account for about 40 per cent of that traffic. The territory has little arable land and few natural resources, so it imports most of its food and raw materials. Imports account for more than 90 per cent of Hong Kong's food supply, including nearly all the meat and rice available there. While the territory boasted one of the largest manufacturing economies in Asia during the latter half of the colonial era, Hong Kong's economy is now dominated by the services sector.
Services alone constitute Economic and infrastructure integration with China has increased significantly from the start of market liberalisation in the mainland in Since resumption of cross-boundary train service in , many rail and road links have been improved and constructed, facilitating trade between the regions. Each jurisdiction pledged to remove remaining obstacles to trade and cross-boundary investments.
Mainland firms now represent over half of the Hang Seng Index value, up from 5 per cent in As the mainland liberalised its economy, Hong Kong's shipping industry faced severe competition from other Chinese ports.
While 50 per cent of China's trade goods were routed through Hong Kong in , that figure dropped to about 13 per cent by Investors have open access to mainland Chinese markets through direct links with the Shanghai and Shenzhen stock exchanges. The territory was the first market outside of mainland China for renminbi-denominated bonds and remains one of the largest hubs for offshore renminbi trading.
The government traditionally adopted a passive role in the economy. Colonial governments had little by way of industrial policy and implemented almost no trade controls. Under the doctrine of " positive non-interventionism ", post-war administrations deliberately avoided directly allocating productive resources. Active intervention was thought to be detrimental to economic growth.
Post-handover administrations continued and expanded on these programmes, including export credit guarantees, a compulsory pension scheme , a minimum wage, anti-discrimination laws , and a state mortgage backer.
It is also the most popular city for tourists, receiving over 70 per cent more visitors than its closest competitor, Macau. Hong Kong has a highly developed and sophisticated transport network.
The Mass Transit Railway MTR is an extensive passenger railway network, connecting 93 metro stations throughout the territory. While public transport systems handle the majority of passenger traffic, there are over , private vehicles licensed in Hong Kong.
Hong Kong International Airport is the primary airport for the territory. The Star Ferry operates two lines across Victoria Harbour for its 53, daily passengers. Smaller kai-to boats serve the most remote coastal settlements. The Peak Tram , the first public transport system in Hong Kong, has provided vertical rail transport between Central and Victoria Peak since Hong Kong imports almost all its generated electricity and fuel. With few natural lakes and rivers, a high population density, inaccessible groundwater sources, and extremely seasonal rainfall, the territory does not have a reliable source of fresh water.
Broadband Internet access is widely available, with Connections over fibre-optic infrastructure are increasingly prevalent,  contributing to the high regional average connection speed of Hong Kong is often characterised as a hybrid of East and West. Traditional Chinese values emphasising family and education are blended with progressive Western ideals, including economic liberty and the rule of law. The territory diverged from the mainland due to the long period of colonial administration and a differing pace of economic, social, and cultural development.
Mainstream culture is derived from immigrants originating from various parts of China. This was influenced by British-style education, a separate political system, and the territory's rapid development during the late 20th century. Traditional Chinese family values are prevalent among the population.
These include preference for sons , family honor , and filial piety. Large-scale construction projects often hire consultants to ensure proper building positioning and layouts. The degree of adherence to feng shui is believed to determine the success of a business. Food in Hong Kong is primarily based on Cantonese cuisine , despite the territory's sustained exposure to foreign influences and many residents with varied origins.
Rice is the primary staple food and is usually served plain with other dishes. Poultry and seafood are commonly sold live at wet markets and ingredients are used as quickly as possible.
Large groups of family and friends gather to yum cha , the social tradition of gathering to dine at a teahouse or restaurant. Characteristic dishes include congee , cha siu bao , siu yuk , egg tarts , and mango pudding. Local interpretations of Western food are served at fast, casual restaurants called cha chaan teng. Common menu items at these restaurants include macaroni in soup, deep-fried French toast, and Hong Kong-style milk tea.
Hong Kong developed into a major filmmaking hub in the late s, as a wave of Shanghai filmmakers migrated to the territory. These movie veterans helped rebuild the colony's entertainment industry through the next decade. Locally made gangster movies, romantic dramas, and supernatural fantasies became hugely popular. Nevertheless, the city's film industry roots in martial arts can often be observed through the roles of the most prolific Hong Kong actors.
At the height of the local movie industry in the early s, over films were produced each year. Since then, industry momentum shifted towards mainland China.
The annual number of films produced has declined significantly, to around 60 in Cantopop is the genre of Cantonese popular music that emerged in Hong Kong during the s. This musical style evolved from Shanghai-style shidaiqu , influenced by Cantonese opera and Western pop as well. Throughout the s, these movies and shows were exported outside of the territory and exposed Cantopop to a global audience. More recent contemporary artists such as Eason Chan , Joey Yung , and Twins continue to be popular within and outside the territory.
Western classical music has historically had a strong presence in Hong Kong, and remains a large part of local musical education. The Hong Kong Chinese Orchestra , composed solely of classical Chinese instrumentation , is the leading Chinese ensemble counterpart and plays a large role in promoting traditional music in the local community.
Despite its small area, the territory is home to a wide range of sports and recreational facilities. Hong Kong maintains regional sports teams to represent itself abroad, and participates in international competitions apart from Chinese national teams.
The city has hosted a number of major sporting events, including the East Asian Games , the Summer Olympics equestrian events , and the Premier League Asia Trophy. The region has participated at almost every Summer Olympics since , earning 3 medals throughout the competitions. Lee Lai-shan won the territory's first and only Olympic gold medal in the Atlanta Games. No longer part of the Commonwealth of Nations , the city's last appearance at the Commonwealth Games was in The Hong Kong Jockey Club holds a statutory monopoly on gambling and is the largest taxpayer in the territory.
The race was revived as a modern sport as part of the Tourism Board 's efforts to promote Hong Kong's image abroad. The first modern competition was organised in , and overseas teams began competing in the first international race in Local publications are often overt in their political affiliations, showing either pro-Beijing or pro-democracy sympathies. The central government itself maintains a print media presence in the territory through the state-owned Ta Kung Pao and Wen Wei Po.
From Wikipedia, the free encyclopedia. This article is about the special administrative region of China. For other uses, see Hong Kong disambiguation. For other uses, see HK disambiguation. Special administrative region of China. Show map of China. Chinese [a] English [b]. Traditional Chinese [b] English alphabet. History of Hong Kong and History of China. Architecture of Hong Kong. List of tallest buildings in Hong Kong. Demographics of Hong Kong and Hong Kong people.
Transport in Hong Kong. Culture of Hong Kong. Cinema of Hong Kong. Music of Hong Kong. Leslie Cheung left is considered one of the pioneering artists of the Cantopop genre.
Andy Lau right , as a member of the Four Heavenly Kings , has been a perennial icon in Hong Kong music and film for the past several decades. Sport in Hong Kong. Media of Hong Kong. Hong Kong portal China portal. Residents predominantly speak Cantonese , the de facto regional standard. A person without Chinese nationality who has entered Hong Kong with a valid travel document, has ordinarily resided there for a continuous period not less than seven years, and is permanently domiciled in the territory would be legally recognized as a Hongkonger.
Retrieved 2 October Retrieved 3 May Retrieved 26 December Retrieved 15 January Council on Tall Buildings and Urban Habitat. Retrieved 21 November Underground Pride Motion picture. Retrieved 18 November Retrieved 27 December United Nations High Commissioner for Refugees. Retrieved 15 November Retrieved 5 September Retrieved 25 March Retrieved 3 January Retrieved 29 March Retrieved 24 June Retrieved 28 May Archived from the original on 24 January Retrieved 1 February Retrieved 7 June A sobering reality", EJ Insight.
Trade and Industry Department. Retrieved 28 December Retrieved 8 June Archived from the original on 25 July Retrieved 25 August Retrieved 20 November As the bus terminal for all long haul buses to Melaka, be it from Johor Bahru or Kuala Lumpur, Melaka Sentral is probably the most visited public transport hub in Melaka by both locals and tourists.
Their name, addresses and telephone numbers are listed below Company Name: Idetiti Sejahtera Sdn Bhd Address: Many locals in Melaka like to exchange for foreign currencies at money changers at Melaka Sentral. Money Changer in Melaka Melacca. Money Changers in Sibu Sarawak. There are three licensed money changers in Sibu. Their addresses are listed below. Money changer in Sibu Sarawak. Dataran Pahlawan is one of the favorite place to shop for the locals and tourists alike. You can easily find foreign currency exchange services here.
Here is the list of money changers located at Dataran Pahlawan Melaka. They offer very competitive foreign currency exchange rate in Melaka. Personal Loan for Cultural Spending. Personal Loan for Overseas Study. Defined Fund Investment Plan. B Shares Securities Transfer. Crude Oil via Account. Foreign Exchange via Account. Personal Foreign Exchange Flagship Outlets.
Report Loss and Password Reset. Star-rated Services for Personal Customers. Personal Consolidated Bonus Point Service. The above is for reference only. Details refer to the rules drawn up by local ICBC branch.