Key Figures

Chief of State:
Chief Executive Carrie Lam
Head of Government:
Chief Executive Carrie Lam

Overview

Government Name:
Hong Kong Special Administrative Region of the People's Republic of China
Constitution:
Adopted: 1990; Establishes sovereignty as a special administrative region of the People's Republic of China; high autonomy of the region; protected from the socialist system policies of China; and maintains the common law.
Government Type:
Limited Democracy
Hong Kong Special Administrative Region of the People's Republic of China Flag
Coat of Arms of Hong Kong Special Administrative Region of the People's Republic of China

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

A2
The political and economic situation is good. A basically stable and efficient business environment nonetheless leaves room for improvement. Corporate default probability is low on average. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president of China is head of state. The chief executive is responsible for constituting the executive branch of government.

Indirect vote by the 800-member election committee. The chief executive is indirectly elected by an electoral college of 1200 members.

5 years

Judicial

Responsible for constituting the judicial branch of government.

Appointed by the chief executive.

Mandatory retirement age of 65

Legislative

Responsible for constituting the legislative branch of government.

35 seats are elected by plurality vote and another 25 through a closed-list proportional representation system.

4 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/