Hong Kong
Hong Kong is a special administrative region of China. Situated on China's southern coast just south of Shenzhen, it consists of Hong Kong Island, Kowloon, and the New Territories. With 7.5 million residents in a territory, Hong Kong is the fourth-most densely populated region in the world.
Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II. The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from those of mainland China under the principle of one country, two systems.
Originally a sparsely populated area of farming and fishing villages, Hong Kong is now one of the world's most significant financial centres and commercial ports. Hong Kong is the world's third-ranked global financial centre behind New York City and London, ninth-largest exporter, and eighth-largest importer. Its currency, the Hong Kong dollar, is the ninth-most traded currency in the world. Home to the second-highest number of billionaires of any city in the world, Hong Kong has the second largest number of ultra high-net-worth individuals. The city has one of the highest per capita incomes in the world, although severe income inequality still exists among the population. Hong Kong is the city with the most skyscrapers in the world, even though its housing is consistently in high demand.
Hong Kong is a highly developed territory and has a Human Development Index of 0.955, ranking eighth in the world, and is currently the only place in Asia to be in the top ten. Hong Kong is categorized as an Alpha+ city by the Globalization and World Cities Research Network. The city has the highest life expectancy in the world, and has a public transport usage exceeding 90 per cent.
Etymology
The name of the territory, first romanised as "He-Ong-Kong" in 1780, originally referred to a small inlet located between Aberdeen Island and the southern coast of Hong Kong Island. Aberdeen was an initial point of contact between British sailors and local fishermen. Although the source of the romanised name is unknown, it is generally believed to be an early phonetic rendering of the Cantonese phrase hēung góng. The name translates as "fragrant harbour" or "incense harbour". "Fragrant" may refer to the sweet taste of the harbour's freshwater influx from the Pearl River or to the odour from incense factories lining the coast of northern Kowloon. The incense was stored near Aberdeen Harbour for export before Victoria Harbour was developed. Sir John Davis offered an alternative origin; Davis said that the name derived from "Hoong-keang", reflecting the colour of soil over which a waterfall on the island flowed.The simplified name Hong Kong was frequently used by 1810. The name was also commonly written as the single word Hongkong until 1926, when the government officially adopted the two-word name. Some corporations founded during the early colonial era still keep this name, including Hongkong Land, Hongkong Electric Company, Hongkong and Shanghai Hotels, and the Hongkong and Shanghai Banking Corporation.
History
Prehistory and Imperial China
The earliest known human traces in what is now called Hong Kong are dated by some to 35,000-39,000 years ago during the Paleolithic period. The claim is based on an archaeological investigation in Wong Tei Tung in the Sai Kung Peninsula in 2003. The archaeological works revealed knapped stone tools from deposits dated by optical luminescence dating.During the Middle Neolithic period, about 6,000 years ago, the region had been widely occupied by humans. Neolithic to Bronze Age Hong Kong settlers were semi-coastal people. Early inhabitants are believed to have been Austronesians in the Middle Neolithic period, and later the Yue people. As hinted by the archaeological works in Sha Ha, Sai Kung, rice cultivation had been introduced since the Late Neolithic period. Bronze Age Hong Kong featured coarse pottery, hard pottery, quartz and stone jewelry, as well as small bronze implements.
The Qin dynasty incorporated the Hong Kong area into China for the first time in 214 BCE, after conquering the indigenous Baiyue. The region was consolidated under the Nanyue kingdom after the Qin collapse, and it was recaptured by China after the Han conquest. During the Mongol conquest of China in the 13th century, the southern Song court was briefly located in modern-day Kowloon City before its final defeat in the 1279 Battle of Yamen by the Yuan dynasty. By the end of the Yuan dynasty, seven large families had settled in the region and owned most of the land. Settlers from nearby provinces migrated to Kowloon throughout the Ming dynasty.
The earliest known European visitor was Portuguese explorer Jorge Álvares, who arrived in 1513. Portuguese merchants established a trading post called Tamão in Hong Kong waters and began regular trade with southern China. Although the traders were expelled after military clashes in the 1520s, Portuguese-Chinese trade relations were re-established by 1549. Portugal acquired a permanent lease for Macau in 1887.
After the Qing conquest, maritime trade was banned under the Haijin policies. From 1661 to 1683, the population of most of the area that forms present-day Hong Kong was cleared under the Great Clearance, turning the region into a wasteland. The Kangxi Emperor lifted the maritime trade prohibition, allowing foreigners to enter Chinese ports in 1684. Qing authorities established the Canton System in 1757 to regulate trade more strictly, restricting non-Russian ships to the port of Canton. Although European demand for Chinese commodities like tea, silk, and porcelain was high, Chinese interest in European manufactured goods was insignificant, so that Chinese goods could only be bought with precious metals. To reduce the trade imbalance, the British sold large amounts of Indian opium to China. Faced with a drug crisis, Qing officials pursued ever more aggressive actions to halt the opium trade.
British colony
In 1839, the Daoguang Emperor rejected proposals to legalise and tax opium and ordered imperial commissioner Lin Zexu to eradicate the opium trade. The commissioner destroyed opium stockpiles and halted all foreign trade, triggering a British military response and the First Opium War. The Qing surrendered early in the war and ceded Hong Kong Island in the Convention of Chuenpi. British forces began controlling Hong Kong shortly after the signing of the convention, on 26 January 1841. However, both countries were dissatisfied and did not ratify the agreement. After more than a year of further hostilities, Hong Kong Island was formally ceded to the United Kingdom in the 1842 Treaty of Nanking.Administrative infrastructure was quickly built by early 1842, but piracy, disease, and hostile Qing policies initially prevented the government from attracting commerce. Conditions on the island improved during the Taiping Rebellion in the 1850s, when many Chinese refugees, including wealthy merchants, fled mainland turbulence and settled in the colony. Further tensions between the British and Qing over the opium trade escalated into the Second Opium War. The Qing were again defeated and forced to give up Kowloon Peninsula and Stonecutters Island in the Convention of Peking. By the end of this war, Hong Kong had evolved from a transient colonial outpost into a major entrepôt. Rapid economic improvement during the 1850s attracted foreign investment, as potential stakeholders became more confident in Hong Kong's future.
The colony was further expanded in 1898 when the United Kingdom obtained a 99-year lease of the New Territories. The University of Hong Kong was established in 1911 as the territory's first institution of higher education. Kai Tak Airport began operation in 1924, and the colony avoided a prolonged economic downturn after the 1925–26 Canton–Hong Kong strike. At the start of the Second Sino-Japanese War in 1937, Governor Geoffry Northcote declared Hong Kong a neutral zone to safeguard its status as a free port. The colonial government prepared for a possible attack, evacuating all British women and children in 1940. The Imperial Japanese Army attacked Hong Kong on 8 December 1941, the same morning as its attack on Pearl Harbor. Hong Kong was occupied by Japan for almost four years before the British resumed control on 30 August 1945.
Its population rebounded quickly after the war, as skilled Chinese migrants fled from the Chinese Civil War and more refugees crossed the border when the Chinese Communist Party took control of mainland China in 1949. Hong Kong became the first of the Four Asian Tiger economies to industrialise during the 1950s. With a rapidly increasing population, the colonial government attempted reforms to improve infrastructure and public services. The public-housing estate programme, Independent Commission Against Corruption, and Mass Transit Railway were all established during the post-war decades to provide safer housing, integrity in the civil service, and more reliable transportation.
Nevertheless, widespread public discontent led to multiple protests from the 1950s to 1980s, including pro-Republic of China and pro-Chinese Communist Party demonstrations. In the 1967 Hong Kong riots, pro-PRC protestors clashed with the British colonial government. As many as 51 were killed, and 802 were injured in the violence, including dozens killed by the Royal Hong Kong Police via beatings and shootings.
Although the territory's manufacturing competitiveness gradually declined due to rising labour and property costs, it transitioned to a service-based economy. By the early 1990s, Hong Kong had established itself as a global financial centre and shipping hub.