The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation,almost free port trade and a well-established international financial market. Its currency,called the Hong Kong dollar,is legally issued by three major international commercial banks,and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system,although the Hong Kong Monetary Authority functions as a financial regulatory authority.
Tung Chee-hwa is a Hong Kong businessman and retired politician who served as the first Chief Executive of Hong Kong between 1997 and 2005,upon the transfer of sovereignty on 1 July. He served as a vice chairman of the Chinese People's Political Consultative Conference (CPPCC) between 2005 and 2023.
The Government of the Hong Kong Special Administrative Region is the executive authorities of Hong Kong. It was established on 1 July 1997,following the handover of Hong Kong.
The chief executiveof the Hong Kong Special Administrative Region is the representative of the Hong Kong Special Administrative Region and head of the Government of Hong Kong.
Regina Ip Lau Suk-yee is a politician in Hong Kong. She is currently the Convenor of the Executive Council (ExCo) and a member of the Legislative Council of Hong Kong (LegCo),as well as the founder and current chairperson of the New People's Party. She was formerly a prominent government official of the Hong Kong Special Administrative Region (HKSAR) and was the first woman to be appointed the Secretary for Security to head the disciplinary service. She is also the founder and Chairwoman of Savantas Policy Institute,a think-tank in Hong Kong.
Anson Maria Elizabeth Chan Fang On-sang,is a retired Hong Kong politician and civil servant who was the first ethnic Chinese and woman to serve as Chief Secretary,the second-highest position in both the British colonial government and the Hong Kong SAR government under the Chinese sovereignty from 1993 until she retired from the government in 2001,sparking speculations of her growing rift with Chief Executive Tung Chee-hwa.
New World Development Company Limited (NWD),is a Hong Kong–based company focused on property,hotels,infrastructure and services and department stores. It was established on 29 May 1970 by Cheng Yu-tung. The company is publicly listed on the Stock Exchange of Hong Kong Limited since 23 November 1972 and is a constituent stock of Hong Kong Hang Seng Index.
The Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) is a pro-Beijing political party registered since 1992 in Hong Kong. Chaired by Gary Chan and holding 13 Legislative Council seats,it is currently the largest party in the legislature and in terms of membership,far ahead of other parties. It has been a key supporting force to the SAR administration and the central government's policies on Hong Kong.
Henry Fok Ying Tung was an entrepreneur and politician in Hong Kong. From 1993 until his death,Fok served as Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference. He was one of the Hong Kong's wealthiest persons.
Lau Siukai,GBS,is a sociologist from Hong Kong. He graduated from the University of Hong Kong,and taught at the Department of Sociology of the Chinese University of Hong Kong,where he is emeritus professor of sociology,after earning a PhD degree from the University of Minnesota. During his tenure at CUHK he was also associate director of the university's Hong Kong Institute of Asia-Pacific Studies. He is also a former vice president of the Chinese Association of Hong Kong and Macao Studies,Beijing's top think tank on Hong Kong affairs,and continues to hold a consultant role in that organization as of November 2023.
The 2002 Hong Kong Chief Executive election was to select the second term of the Chief Executive (CE) of the Hong Kong Special Administrative Region (HKSAR). Incumbent Tung Chee-hwa was nominated by the 800-member Election Committee (EC) without competition.
The Antiquities Advisory Board (AAB) is a statutory body of the Hong Kong Special Administrative Region with the responsibility of advising the Antiquities Authority on any matters relating to antiquities and monuments. The AAB was established in 1976 along with the Antiquities and Monuments Office (AMO) when the Antiquities and Monuments Ordinance (Cap. 53) was enacted,and comprises members appointed by the Chief Executive. The corresponding governmental ministry is the Development Bureau,and executive support for the AAB is provided by the AMO which is under the Development Bureau.
Bernard Charnwut Chan GBM GBS JP,is a Hong Kong politician and businessman. He served as Non-official Convenor of the Executive Council from 2017 to 2022.
The four big families of Hong Kong is a term used to describe the four business families that historically rose to prominence and became influential in Hong Kong. In order of influence,they are the Li,Ho,Lo and Hui families.
Orient Overseas (International) Limited (OOIL) is a Hong Kong,China based investment holding company involved in international transportation and logistics,and property investment and property development. It is the parent company of Orient Overseas Container Line (OOCL),one of the world's largest container shipping companies.
The Comprehensive Social Security Assistance (CSSA) scheme is a welfare programme in Hong Kong that provides supplementary payments to Hong Kong residents whose income is not sufficient to meet basic needs.
Path of Democracy is a political group and think tank established in 2015 in Hong Kong. It is led by former Civic Party legislator Ronny Tong,who joined the Executive Council on 1 July 2017. Although officially unaligned with either the pro-Beijing camp or the pro-democracy camp,the group has been supportive of the policies and legislation put forward by the former,and was considered by the media to be pro-Beijing by 2021.
Lantau Tomorrow Vision,also known as the Kau Yi Chau Artificial Islands,is a postponed development project in Hong Kong which proposes creating the city's third central business district (CBD) by constructing large artificial islands through massive land reclamation. These islands,with a proposed total area of about 1,700 hectares,would be located near Kau Yi Chau and Hei Ling Chau of the eastern waters of Lantau Island.
Betty Tung is a Hong Kong philanthropist and the former president of Hong Kong Red Cross.
Peter Douglas Koon Ho-ming,is the provincial secretary general of Hong Kong Sheng Kung Hui (HKSKH) and a chaplain of HKSKH St John's Cathedral. He is also a member of the Election Committee and 13th Beijing Municipal Committee of the Chinese People’s Political Consultative Conference (CPPCC).
