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A bill giving United States support to Hong Kong 's right to limited autonomy after it returns to China will become law this year , the chief sponsor of the measure predicted Wednesday . Hong Kong 's policy makers did not whine about the high barriers in other countries , but instead chose to virtually eliminate its own barriers for the sake of its own prosperity . The civil service plays a very key role in Hong Kong 's economy . ministerial conference , who is also Hong Kong 's trade minister , have both called with increasing emphasis in the last several days for a detailed agreement eliminating all barriers to exports from the world 's 32 poorest countries . Instead of the catastrophe of financial collapse and people in flight that pessimists expected for the territory after the bloody suppression of the democracy movement in China in 1989 , Hong Kong 's stock market is buoyant , construction is booming and residential property prices are skyrocketing .