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HK and Guangdong Extend Co-operation
S&P, Fitch Upgrade HK Ratings
Strong Investor Support for Hong Kong
RIM Expands Hong Kong Presence
Cathay Pacific Welcomes 100th Aircraft
Canadians Urged to Access China through HK
Calgary Celebrates Hong Kong Week
Hong Kong: Asia's Technology Marketplace
Blue Sky Campaign Launched
"Brand Hong Kong" Gives Wings to Sedan Chairs
International Business Grows in HK
News Capsule

Commenting on progress made at the recent Hong Kong/Guangdong Co-operation Joint Conference, the Chief Executive of the Hong Kong SAR Government (HKSARG), Mr Donald Tsang, outlined achievements in such areas as major infrastructural projects, [more...]

Mr Tsang outlines achievements in various areas at the Hong Kong/Guangdong Co-operation Joint Conference.

Standard & Poor's (S&P's) decision to upgrade its foreign and local currency ratings on Hong Kong to "AA" from "AA-", with stable outlooks, is "recognition of the continued strength of China's economic performance and the overall strengthening of its creditworthiness," [more...]

S&P's decision to upgrade its foreign and local currency ratings on Hong Kong to "AA" from "AA-", with stable outlooks, is a "recognition of the continued strength of China's economic performance and the overall strengthening of its creditworthiness".

The guest list for a reception for new international investors last July demonstrated the strength of foreign interest in Hong Kong. More than 200 guests were in attendance, representing some 150 companies that had set up operations or increased their overall investment in Hong Kong...[more...]

The Director-General of Investment Promotion at Invest Hong Kong, Mr Mike Rowse (second from right), hosts a meet-the-media session with top executives from new foreign, Mainland and Taiwan companies in Hong Kong at which the investors spoke on why they chose to invest in Hong Kong.

Canada-based Research In Motion (RIM) has expanded its Hong Kong office as part of a major push into the Asia-Pacific region. [more...]

Vice President of Asia Pacific at Research In Motion, Mr Norm Lo, and Associate Director-General of Investment Promotion at Invest Hong Kong, Mr John Rutherford (right).

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.