[199] The town has the next-maximum range of company headquarters during the Asia-Pacific location.[two hundred] Hong Kong is actually a gateway for foreign direct expenditure in China, offering investors open access to mainland Chinese markets by means of direct backlinks While using the Shanghai and Shenzhen inventory exchanges. The territory was the first market place outside the house mainland China for renminbi-denominated bonds, and is without doubt one of the premier hubs for offshore renminbi investing.[201]
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The Hong Kong Jockey Club, the territory's premier taxpayer,[270] incorporates a monopoly on gambling and provides about 7 % of presidency income.[271] 3 kinds of gambling are legal in Hong Kong: lotteries and betting on horse racing and football.[270] Media
Chinese national regulation does not frequently use inside the area, and Hong Kong is dealt with as a individual jurisdiction.[91] Its judicial program is based on prevalent legislation, continuing the lawful tradition recognized throughout British rule.[a hundred and one] Local courts might consult with precedents set in English regulation and overseas jurisprudence.
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Economic and infrastructure integration with China has enhanced substantially Considering that the 1978 start off of market liberalisation over the mainland. Since resumption of cross-boundary practice provider in 1979, several rail and street one-way links happen to be enhanced and produced (facilitating trade in between regions).[193][194] The Nearer Partnership Economic Arrangement formalised a policy of no cost trade amongst The 2 regions, with Just about every jurisdiction pledging to eliminate remaining hurdles to trade and cross-boundary financial commitment.
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Although the territory had among Asia's major Clicking Here manufacturing economies throughout the latter 50 % of your colonial period, Hong Kong's economic system has become dominated via the services sector. The sector is ninety two.seven percent of economic output, with the public sector accounting for around 10 percent.