Hong Kong vs Valencia

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Hong Kong ( (listen); Chinese: 香港, Cantonese: [hœ́ːŋ.kɔ̌ːŋ] (listen)), officially the Hong Kong Special Administrative Region of the People's Republic of China (HKSAR), is a metropolitan area and special administrative region of the People's Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world. Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898.The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under a principle of "one country, two systems".Originally a sparsely populated area of farming and fishing villages, the territory has become one of the world's most significant financial centres and commercial ports.

It is the world's tenth-largest exporter and ninth-largest importer. Hong Kong has a major capitalist service economy characterised by low taxation and free trade, and its currency, the Hong Kong dollar, is the eighth most traded currency in the world. Hong Kong is home to the second-highest number of billionaires of any city in the world, the highest number of billionaires of any city in Asia, and the largest concentration of ultra high-net-worth individuals of any city in the world. Although the city has one of the highest per capita incomes in the world, severe income inequality exists among its residents.Hong Kong is a highly developed territory and ranks fourth on the UN Human Development Index. The city has the largest number of skyscrapers of any city in the world, and its residents have some of the highest life expectancies in the world. The dense space led to a developed transportation network with public transport rates exceeding 90 percent. Hong Kong is ranked sixth in the Global Financial Centres Index and is ranked fourth in Asia after Tokyo, Shanghai and Singapore.

Source: Wikipedia

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Valencia (Spanish: [baˈlenθja]), officially València (Valencian: [vaˈlensia]), is the capital of the autonomous community of Valencia and the third-largest city in Spain after Madrid and Barcelona, surpassing 800,000 inhabitants in the municipality. The wider urban area also comprising the neighbouring municipalities has a population of around 1.6 million. Valencia is Spain's third-largest metropolitan area, with a population ranging from 1.7 to 2.5 million depending on how the metropolitan area is defined. The Port of Valencia is the 5th-busiest container port in Europe and the busiest container port on the Mediterranean Sea. The city is ranked as a Gamma-level global city by the Globalization and World Cities Research Network.Valencia was founded as a Roman colony by the consul Decimus Junius Brutus Callaicus in 138 BC and called Valentia Edetanorum. In 714, Moroccan and Arab Moors occupied the city, introducing their language, religion and customs; they implemented improved irrigation systems and the cultivation of new crops as well. Valencia was the capital of the Taifa of Valencia. In 1238 the Christian king James I of Aragon conquered the city and divided the land among the nobles who helped him conquer it, as witnessed in the Llibre del Repartiment.

He also created the new Kingdom of Valencia, which had its own laws (Furs), with Valencia as its main city and capital. In the 18th century Philip V of Spain abolished the privileges as punishment to the kingdom of Valencia for aligning with the Habsburg side in the War of the Spanish Succession. Valencia was the capital of Spain when Joseph Bonaparte moved the Court there in the summer of 1812. It also served as the capital between 1936 and 1937, during the Second Spanish Republic. The city is situated on the banks of the Turia, on the east coast of the Iberian Peninsula, fronting the Gulf of Valencia on the Mediterranean Sea. Its historic centre is one of the largest in Spain, with approximately 169 ha (420 acres). Due to its long history, Valencia has numerous celebrations and traditions, such as the Fallas, which were declared Fiestas of National Tourist Interest of Spain in 1965 and an Intangible cultural heritage by UNESCO in November 2016. Joan Ribó from Compromís has been the mayor of the city since 2015.

Source: Wikipedia