Hong Kong

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Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China, is a Special Administrative Region of the People’s Republic of China. It is one of the most densely populated regions of the world with a population of seven million people in an area of 1,104 sq km (426 sq mi). The city is known for its magnificent skyline and the deep natural harbor. The population is 95 percent ethnic Chinese and 5 percent from other groups. Though Hong Kong is part of People’s Republic of China, it has got a different political system from mainland China. It is an extremely strong capitalist service economy characterised by low taxation and freetrade and its currency, the Hong Kong dollar, is the eighth most traded currency in the world. It is the world’s most vertical city too and filled up with skyscrapers including some of the world’s tallest ones such as the 118-storey International Commerce Centre, the 88-storey Two International Finance Centre and the 78-storey Central Plaza. The lack of space in the city caused demand for denser constructions and so, there are over 110 buildings that stand taller than 180 metres (591 ft) as of now, with the numbers rising every year. The dense space also led to a highly developed transportation network with public transport traveling rate exceeding 90 percent which is the highest in the world. It ranks highly on various international rankings including per capita income, economic freedom, financial and economic competitiveness, quality of life, corruption perception, Human Development Index, etc.
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