Hong Kong is a Special Administrative Region of the People's Republic of China. Following British rule from 1842 to 1997, China assumed sovereignty under the 'one country, two systems' principle. Hong Kong's economy is characterised by free trade, low taxation and minimum government intervention.
At the south-eastern tip of China, Hong Kong covers Hong Kong Island, Lantau Island, the Kowloon Peninsula and the New Territories, including 262 outlying islands. Between Hong Kong Island and the Kowloon Peninsula lies Victoria Harbour, one of the world's most renowned deep-water harbours.
Hong Kong's climate is sub-tropical, with temperatures dropping below 10 degrees Celsius in winter and exceeding 31 degrees Celsius in summer.
Hong Kong's population was approximately 7.07 million in 2011.
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