Hong Kong Update September 2005 Issue
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  Disney Magic in Hong Kong
  Hong Kong: World’s Freest Economy 
  Calgary Celebrates Hong Kong
  Hong Kong Positioned for Strong Future
  Montreal Film Fest Features HK Gems
  UK Parliament Told Freedom Upheld in HK
  Plans for HK-made Car Speed Ahead
  HK: Great Nanotechnology Potential 
  Join Team HKCBA in HK this November
  News Capsules 


Disney Magic in Hong Kong

The Magic Kingdom threw open its doors in Hong Kong on September 12 with a spectacular ceremony combining music, dance and acrobatics.  [more...]

Vice-President Zeng Qinghong (2nd left); Chief Executive Donald Tsang (left); CEO of Walt Disney Company, Michael Eisner; and Walt Disney Company's President and COO, Bob Iger, celebrate the grand opening of Hong Kong Disneyland.

Hong Kong: World’s Freest Economy 

Hong Kong remains the world's freest economy, according to the "Economic Freedom of the World: 2005 Annual Report" jointly released on September 8 by the Fraser Institute of Canada and the Cato Institute of the United States.  [more...]

 

Calgary Celebrates Hong Kong for Business & Pleasure

Hong Kong’s appeal as both a tourist and business destination were highlighted by special festive events in Calgary in August. The city’s first ever “Hong Kong Day” crowned three days of activities featuring Hong Kong as a land of opportunity for Canadian businesses and a city of vibrant culture for Canadian travellers.  [more...]

Calgarians visiting the photo display depicting life in Hong Kong in the past and present at the Calgary Chinatown Festival.

Hong Kong Positioned for Strong Future

Hong Kong continues to position itself to capitalize on Mainland China’s steadily growing economic liberalization and globalization. This was the message delivered by the Hong Kong Government’s Principal Economist, Ms Elley Mao, to a number of audiences in Ontario in August.  [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 defense.

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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