The Basic Law (BL) is the constitutional document of the Hong Kong Special Administrative Region (HKSAR). It enshrines within a legal document the important concepts of “One Country, Two Systems.” Under this principle, socialist policies of mainland China are not practiced in Hong Kong.
The Basic Law provides the guarantees to maintain Hong Kong’s existing way of life, including socioeconomic development, the rights and duties of Hong Kong people, the rule of law and other areas.
The Basic Law was put into effect July 1, 1997.
Ships of all nations regularly call into Hong Kong which is virtually a duty-free port. The HKSAR, using the name “Hong Kong, China,” is a member in its own right of the World Trade Organization and the World Customs Organization. The boundary between the HKSAR and the Mainland is clearly delineated and properly managed. Export quotas, tariff preferences and other similar arrangements obtained or made by Hong Kong continue to be enjoyed exclusively by Hong Kong. (BL Articles 114; 116; 126)
Hong Kong continues to play an active role in the international arena and maintains close contact with its international partners. The HKSAR may on its own, using the name “Hong Kong, China,” maintain and develop relations and conclude and implement agreements with foreign states and regions and relevant international organizations in the appropriate fields. (BL Articles 96; 116; 133; 151-153; 155)
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