1970s in Hong Kong

1970s In Hong Kong

1970s in Hong Kong

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1970s in Hong Kong underwent many changes that shaped its future. Economically, it reinvented itself from a manufacturing base into a financial centre. The market also began leaning toward corporations and franchises.

Background

Political talks about the Second Convention of Peking resurfaced in the early 70s. The New Territories land lease agreement would end within 27 years in 1997. Then-Governor of Hong Kong Murray MacLehose began visiting Beijing to talk about the future of Hong Kong with PRC leaders.

The British government envisioned the possibility of extending the land lease agreement for many more years, thus shelving the problem for a long time. The fact was far from the vision, as the British and the PRC were engaged in a long and uncompromising negotiation eventually involving Margaret Thatcher. What was supposed to be a negotiation on extending the lease deal became a post-colonial framework timeline.

Culture

Metrication

The Metric System was adopted under the 1976 Metrication Ordinance. Subsequently many of the wet markets and traditional Chinese medicine shops used the old Chinese system for at least another decade.

Education

The Hong Kong government introduced the 6-year free compulsory education in 1971, and expanded it to 9-year in 1978Eh Net. "." Hong Kong History. Retrieved on 21 February 2007.. Companies were also seeking highly educated employees for complex projects. 72% of overseas graduates between 1962 and...
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