20 February 2014

#500 Hong Kong


Hong Kong, alternatively known by its initials H.K., is one of the two Special Administrative Region of the People's Republic of China, the other being Macau. It is situated on China's south coast and, enclosed by the Pearl River Delta and South China Sea, it is known for its expansive skyline and deep natural harbor. With a land mass of 1,104 km2 (426 sq mi) and a population of seven million people, Hong Kong is one of the most densely populated areas in the world. Hong Kong's population is 93.6% ethnic Chinese and 6.4% from other groups. Hong Kong's Cantonese-speaking majority originate mainly from the neighboring Canton (now Guangdong) province, from which many of them fled to escape wars and Communist rule in China from the 1930s to the 1960s.

Hong Kong is a world city. It is one of the Al­pha+ cities. Also, a Time Magazine article in 2008 coined the phrase "Nylonkong", which referred to New York City, London and Hong Kong, that these three cities form a global network that facilitates the global economy. As Hong Kong ranks the third most important leading international financial centre, after London and New York City, Hong Kong has a major capitalist service economy characterised by low taxation and free trade, and the currency, Hong Kong dollar, is the eighth most traded currency in the world. The lack of space caused demand for denser constructions, which developed the city to a centre for modern architecture and the world's most vertical city. Hong Kong has one of the highest per capita incomes in the world. The dense space also led to a highly developed transportation network with the public transport travelling rate exceeding 90 percent, the highest in the world. Hong Kong has numerous high international rankings in various aspects. For instance, its economic freedom, financial and economic competitiveness, quality of lifecorruption perception, Human Development Index are all ranked highly. According to estimates from both UN and WHO, Hong Kong had the longest life expectancy of any region in the world in 2012. Hong Kong also has the highest average IQ score in 81 countries around the world.


Date of Issue: January 11, 2014 | Year of the Horse
Thank you, Pheobe !

Sent on: February 14, 2014
Received on: February 20, 2014

1 comment:

Laura said...

What an amazing view!