Traditional Culture Encyclopedia - Travel guide - What are the nicknames of Hong Kong?
What are the nicknames of Hong Kong?
Hong Kong, also known as Xiangjiang, Xiangdao and Pearl of the Orient, is located in the south of China, east of the Pearl River Estuary, facing Macau across the sea in the west, adjacent to Shenzhen in the north and Wanshan Islands in Zhuhai in the south, covering Hong Kong Island, Kowloon, New Territories and 262 surrounding islands.
Total land area 1 106.66 km2, and sea area 1648.69 km2. It is one of the regions with the highest population density in the world, with the highest life expectancy and the fourth human development index in the world.
The economic development of Hong Kong:
In the history of Hong Kong's economic development, it has experienced two economic transformations. Before 1950, Hong Kong's economy was dominated by entrepot trade. From 1950s, Hong Kong began to industrialize, and by 1970, industrial exports accounted for 8 1% of the total exports, which marked the transformation of Hong Kong from a simple entrepot to an industrialized city and realized the first economic transformation of Hong Kong.
In the early 1970s, Hong Kong carried out the policy of economic diversification, and finance, real estate, trade and tourism developed rapidly. Especially since 1980s, mainland factors have become the most important external factors to promote Hong Kong's economic development. Most of Hong Kong's manufacturing industries moved to the mainland, and various service industries developed at a high speed, realizing the second economic transformation from manufacturing industries to service industries.
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