Over the past 15 years, Hong Kong society has continued to advance at a gallop, with The Hong Kong Jockey Club constantly in the forefront of efforts to provide world-class, regulated racing and sports entertainment.
Following the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) in 2003, the Chinese mainland issued 36 measures in 2011 to further strengthen ties, cooperation and integration between the two sides.
An offshore RMB center is very important in promoting the internationalization of the yuan, as it is a market for transactions, deposits and innovations.
The Asian financial crisis crept into Southeast Asia on only the second day of Hong Kong's return to China in 1997, and the city was soon preyed upon as an ATM machine by George Soros, a global financier.
The Closer Economic Partnership Arrangement (CEPA) is a free trade agreement between Chinese mainland and Hong Kong that offers Hong Kong products, companies and residents preferential access to the Mainland market.
Severe acute respiratory syndrome (SARS) is a respiratory disease in humans. Between November 2002 and July 2003, an outbreak of SARS in Hong Kong nearly became a pandemic, with 8,422 cases and 916 deaths worldwide. Within weeks in early 2003, SARS spread from Hong Kong to infect individuals in 37 countries.
Many students talked about "familiarity" when they spoke of Hong Kong, probably thanks to easier access to the city in recent years.
Hong Kong employees who work on the mainland will be able to pay their monthly salary and bonus tax based on the length of time they stay on the mainland.
Cultural exchanges between the mainland and Hong Kong have greatly increased since the land returned to China in 1997 and the unique cultures have influenced each other since.
Hong Kong's economic integration with the Pearl River Delta (PRD) has been highly beneficial for all parties. It is expected to further expand economic ties and help improve cooperation among Hong Kong, Macao and mainland China.
During the past decade and a half, Hong Kong and the Chinese mainland have both experienced hard times and helped each other overcome their difficulties.
Lam believes the industry will develop quickly due to the economic growth of the Chinese mainland.
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