Hong Kong Update March 2003 Issue
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  HK Fights AP
  War Impact on HK
  2003 Budget Unveiled
  Investment Immigrants
  Policy Address
  Population Policy
  Basic Law 23
  IMF Forecasts
  Pearl River Delta
  HK Asia's Business Hub
  Insurance in HK
  Canadian Expectations

 
 

 

Hong Kong Joins World Effort to Fight Atypical Pneumonia

Hong Kong has been working closely with the World Health Organization (WHO), the Centre for Disease Control and Prevention of the United States and local experts, as well as collaborating with health authorities around the world in the fight  [more...]

 

2003/04 Budget Unveiled

The Hong Kong Financial Secretary, Mr Antony Leung, delivered his second Budget on March 5. Designed to rein in deficit and boost Hong Kong’s economic activity with a comprehensive series of revenue-raising and expenditure-cutting measures, [more...]

 

Policy Address Focuses on Economy

In the first Policy Address of his second term, the HKSAR Chief Executive, Mr Tung Chee Hwa, gave top priority to revitalizing Hong Kong’s economy. [more...]

 

Task Force Reports on Population Policy

The Chief Secretary for Administration of the HKSAR Government, Mr Donald Tsang, released the Report of the Task Force on Population Policy on February 26. [more...]
 

 

The Basic Law
Hong Kong SAR's Constitution

Hong Kong became a Special Administrative Region (HKSAR) of the People's Republic of China on July 1, 1997. Hong Kong's constitutional document, the Basic Law, enacted by China's People's Congress, came into effect the same day.

The Basic Law embodies the concept of "One Country, Two Systems" and guarantees a high degree of autonomy with Hong Kong people running Hong Kong in all areas except for foreign affairs and defence.

In particular, it ensures that Hong Kong's capitalist system and way of life under the rule of law will remain unchanged for at least 50 years.

The key provisions of the Basic Law which have been fully implemented in Hong Kong include:
• The laws previously in force in Hong Kong have been maintained, separate from those in the Mainland.
• Continuation of freedom of speech; of the press and publications; of assembly; of religion; of procession and demonstration and the right and freedom to form, join trade unions and to strike.
• Independent finances separate from the Mainland and formulation of Hong Kong' own monetary and financial policies and safeguarding of the free movement of goods, assets and capital.

For details of the Basic Law, click icon "Basic Law" at www.hketo.ca.
 

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