文档介绍：SOSC005 Hong Kong Economic History
CHEN, . Assistant Professor
Division of Social Science
******@
Overview
I. The Early Colonial Economy (1840-1860)
II. The Rise of Chinese Capitalist (1861-1941)
III. Integration with China before the Crisis(1980-1997)
IV. Integration after the 1997 crisis
Early Colonial Economy
(1941-1960)
The Occupation
British was the 18th century colonial empire that colonized many territories.
By 1899, British has occupied land that is 61 times larger than it own territory.
On 26 Jan 1841, British occupied the Hong Kong island, and began a 150 years of colonization
Why British occupied Hong Kong?
mercial interest
A place to fix mercial boat after a long journey
A place where British merchants were under direct protection of British military might.
Materials support for the British army in the Opium War 1940-1942.
Hong Kong as free-trade port
4 months after British occupied Hong Kong in 1841, Hong Kong was declared as “free-trade port”
All vessels from China or Chinese merchants that came to Hong Kong for trade did not have to pay any form of taxes.
Until today, Hong Kong only tax on limited goods such as cigarette, alcohol, drinks, cosmetic.. etc.
There were no restriction import goods in term of warehousing, categorization, re-manufacturing, repackaging nor re-export.
Why free-trade port?
Hong Kong lack of natural resources and exportable goods
Food and other consumer goods need to be imported
Good transportation location
Good natural harbor
Strong British colonial army to protect the port and trade security, . fight the pirates.
Build infrastructure
Land office was erected in 1841 to measure and divide the land for auction (for sale).
By 1846, all the lands in the Victoria city was auctioned (or rented) out except military and government land.
There were residential buildings, offices for the European, warehouse and some factories.
Early economic ordinances (條例)
1843 LEGCO was established and many i