M22 Background Flashcards
1
Q
Sino-British Joint Declaration
A
PRC resumed the exercise of sovereignty over HK starting from July 1, 1997.
2
Q
Basic Law
A
it came to effect on July 1, 1997
it is a constitutional document guaranteeing “high degree of autonomy” and Hong Kong people administrating Hong Kong. It prescribes the various system operating in the HKSAR, including the political structure, the socio-economic system, and the rights and obligations of residents
3
Q
one country, two system
A
“two systems within one country”. “ One country “ indicates the People’s Republic of China and “two systems” indicates the socialist system practised on the mainland and the capitalist system practised in Hong Kong.