Hong Kong: Country and Foreign Investment
Hong Kong is a former British colony located off the southern coast of China and lying next to the Kwangtung province. It sits at the mouth of the His Chiang Estuary and is approximately 90 miles to the northwest of the Chinese port city of Canton, 40 miles to the west of which lies the former Portuguese colony of Macau.
The territory comprises Hong Kong Island & the adjacent islets, Stonecutters Island, the Kowloon Peninsula on the mainland and the New Territories. The New Territories comprise approximately 90% of the land surface area of Hong Kong and consist of a portion of the Chinese mainland and over 230 islands leased from China in 1898 for 99 years.
Whilst the total land area of the territory is about 404 square miles this figure is not final given the continual ongoing land reclamations which are the direct consequence of an urban development program which is limited by a shortage of land.
The capital city of the territory is at Victoria, on Hong Kong Island, which boasts one of the world's finest natural harbours. The territory's hilly terrain has had an impact on the direction of urban development. The Kowloon ridge is the dividing line between urban and rural Hong Kong with the harbor area, the commercial, industrial and residential districts located to the south while the agricultural area is restricted to the north and occupies some of the islands.
The yearly average temperature is 70° F with mean January and July temperatures standing at 16° C and 28° C respectively. Average annual rainfall is about 85 inches of which about 90% falls between April and October. Typhoons occur between July and October. Hong Kong has one of the world's busiest international airports.