【正确答案】

The Hong Kong Special Administrative Region

The Hong Kong Special Administrative Region(HKSAR) consists of Hong Kong Island, Kowloon and the New Territories, covering a total area of 1,092 square kilometers. Hong Kong has been Chinese territory since ancient times. It was occupied by Britain after the opium War of 1840. In accordance with the Joint Declaration on the Question of Hong Kong signed by China and the United Kingdom on December 19, 1984, the two governments held a hand-over ceremony on July 1, 1997, announcing the restoration of China's sovereignty over Hong Kong. Thus the long-cherished common wish of the Chinese people to recover Hong Kong was fulfilled. Meanwhile, the Hong Kong Special Administrative Region of the People's Republic of China was formally established and the Basic Law of the Hong Kong Special Administrative Region came into effect.
The Chinese government carries out the basic policies of "one country, two systems," "administration of Hong Kong by the Hong Kong people" and "a high degree of autonomy" in Hong Kong. "One country, two systems" refers to the fact that in China, a unified country, the mainland practices the socialist system, and Hong Kong's existing capitalist system and way of life will remain unchanged for 50 years. "Administration of Hong Kong by the Hong Kong people" means that the HKSAR is administered by the Hong Kong people on their own, and the central authorities will not send officials to the HKSAR to fill local official posts. "A high degree of autonomy" means that apart from foreign and national defense affairs, which must be administered by the Central Government, the HKSAR shall fully enjoy the power of decision over matters within its autonomous jurisdiction, including executive, legislative, independent judicial and final adjudication powers.
Over the 17 years since its return to our motherland, Hong Kong has been surging forward like a high-powered ship, smoothly cutting through the terrifying waves of the Asian financial crisis and the SARS and the avian flu pandemic. The HKSAR government has effectively handled a series of events and matters bearing on Hong Kong's political. economic and social environment, thus maintaining the stability and prosperity of Hong Kong.
Today, Hong Kong remains an enchanting modern metropolis full of vitality, and its position as an international center for finance, trade, and shipping has been strengthened further. It is praised as a global model with the highest transparency, the best administration, and the least government intervention. We believe that with the staunch support of the great motherland, Hong Kong will certainly have an even brighter future.