Historic decade for Hong Kong

Hong Kong businessman Danny Tse obtained his MBA from the University of Adelaide in 2006.

He has lived in Hong Kong for more than 30 years and travels frequently between Hong Kong and China, thanks to his position as HR & Administration Manager of a Brazilian trading firm.

On the eve of the 10th anniversary of Hong Kong's return to China, Mr Tse reflects on the past decade since the British handover.

Q. What have been the major changes under Chinese governance in Hong Kong?

A. From a business perspective, the opportunities have opened right up. China's free trade agreement with Hong Kong has provided easier access to the mainland and vice-versa. Tourists can travel freely between the mainland and Hong Kong, boosting retail sales figures for both regions. The Chinese Government has also promoted more traditional festivals and practices in Hong Kong, giving residents a more in-depth understanding of the Chinese culture. Putonghua (Mandarin) has become a compulsory subject for all primary and secondary students and an essential language tool in the business community.

Q. What areas have not been affected, or only subject to minimal change?

A. We have experienced very little change in our lifestyle and environment compared to British rule. Apart from the property slump after 1997 after the handover, life has continued as normal. Hong Kong's architecture has been retained as well because residents were very keen to keep the historical buildings that are unique to the city - for example, the Star Ferry Terminal.

Q. How different is the ambience in Hong Kong now, compared to British governance?

A. Hong Kong people still enjoy a lot of freedom to express ideas, to travel and to live the same lifestyle they enjoyed previously. But residents continue to put pressure on the Government to speed up democratic reforms and sustain economic development.

Q. Has the mix of residents changed? Was there a mass emigration of British people after the handover, or did many stay on?

A. A lot of people have moved to Hong Kong from the mainland, but many are unskilled and unemployed, which has increased our public expenditure in housing, social and medical costs. Although some British people left, many returned because they missed their friends and the lifestyle.

Q. What activities are planned in July to commemorate the 10-year anniversary?

A. Celebrations are being held throughout the year. In May, the Central People's Government (CPG) gave Hong Kong two new giant pandas from Wolong, Sichuan to celebrate the anniversary. Trees are being planted in 18 districts in Hong Kong, reflecting the Chinese belief that it takes 10 years for trees to reach maturity. On 1 July 2007 (the actual anniversary date) a flag raising ceremony will be held, a special issue of commemorative stamps issued and a spectacular fireworks and symphony of lights display will take place over Victoria Harbour in Hong Kong.

Story by Candy Gibson