HONG KONG

Hong Kong is one of the two special administrative regions (SARs) of the People's Republic of China (PRC), the other being Macau. The territory, comprising over 260 islands. The Hong Kong Government officially changed the name of Hongkong to Hong Kong on 3 September 1926. In Chinese, it means "The Fragrant Harbour," and it has also been called "The Pearl of the Orient," "The Gateway to the East."
Hong Kong was a British colony from 1842 until the People's Republic of China resumed the exercise of sovereignty in 1997. It is governed as a special administrative region under the Basic Law of Hong Kong, the territory's constitution. Under the terms of the Sino-British Joint Declaration and Basic Law, Hong Kong will retain a relatively high degree of autonomy until at least 2047, fifty years after the transfer of sovereignty. Under China's "One Country, Two Systems" policy, Hong Kong maintains its own legal system, currency, customs policy, cultural delegation, international sport teams, and immigration laws while the PRC represents the territory in diplomatic and military affairs.