Basic information about Hong Kong

While Hong Kong has been part of China since 1997 (after being a British colony for an extended period), it has maintained a significant degree of autonomy. It has its own legal system, currency (Hong Kong dollar, HKD), and tax framework.

Hong Kong serves as a crucial gateway to mainland China, facilitating the signing of multimillion-dollar contracts daily. It plays a dual role as an autonomous entity and an intermediary connecting China with the global stage.

This territory, consisting of 260 islets, accommodates approximately 8 million people, resulting in a high population density of 6,200 people per square kilometer. Consequently, land prices in Hong Kong are among the world's highest per square meter.

Although Hong Kong's origins trace back to the 11th century, it was effectively incorporated into China's territory for most of its history. However, in the mid-16th century, it was taken over by Britain. Hong Kong remained a British colony until 1997 when it became a Special Administrative Region of China. The "special" status allowed it to maintain some degree of political and economic autonomy.