Hong Kong is also a magnet for transnational companies, many of which have their headquarters or branches in the city. Last year, 1,379 transnational companies had their regional headquarters in the SAR. And by becoming an official member of the Asian Infrastructure Investment Bank in March, it has added to that advantage.
Hong Kong is part of China, and "Beijing will accept Hong Kong to adapt to the political structure that prevails in the Chinese mainland. Adapt, not adopt."
His efforts to document the fleeting audio memories associated with old Chongqing are a perfect example.
Holding international soccer tournaments on home soil plays into President Xi Jinping's plans to grow the popularity of the game in China and transform the nation into a footballing powerhouse.
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor speaks to the media about a report released by the Independent Police Complaints Council on police's handling of attacks at the government headquarters, Hong Kong, May 15, 2020. [Photo by EDMOND TANG / CHINA DAILY]
Hong Kong has been ranked among the top 3 global financial hubs, following New York and London, according to the 25th edition of the Global Financial Centers Index report launched on Monday in Dubai.
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Hong Kong is categorized as "severely unaffordable". Trailing Hong Kong, Vancouver is the second-least affordable major housing market, with a median multiple of 11.9, while Sydney is third at 11.0.
Hong Kong developer Swire Properties Ltd will see its real estate business on the mainland ramping up, accounting for a major portion of its global portfolio this year, a top company executive said.
Hong Kong's political leaders on Tuesday said the nation's newly-released blueprint for the next 15 years, which encourages the city to integrate into national development, has placed an emphasis on Hong Kong's duty to safeguard national security.
Historical documents said the river was sometimes praised as the hope and glory of Shanxi as well as the nation, and sometimes cursed when it brought disaster and despair.