2007 Annual Report

Ten-Year Review of Hong Kong

The year 2007 has always been important in Hong Kong’s political consciousness as it represents a decade after 1997, when Hong Kong became a Special Administrative Region of the People’s Republic of China. The events relating to the transfer of sovereignty from British to Chinese rule remain crystal clear in our collective memory. The trials and tribulations of the past ten years have also left their mark. Hong Kong survived two severe economic downturns, an infectious diseases outbreak in 2003 that made the city a pariah in the world, rocky politics that bought out half a million people in protest against the government, and the downfall of the then administration.