引言与背景概述（约467字） #1. 香港发展现状 #89-A_HongKong's Development Status in Brief@ Hong Kong, a city with rich history and vibrant culture located on the southern coast of China’S mainland，has always been an integral part not only for its own people but also to national development as well. Despite being just over one thousand square kilometers large (including islands), it boasts immense economic potential due largely from strategic location at mouth area between Pearl River Delta & South China Sea; this has made HK into major hub connecting East Asia markets including Japan/South Korea etc., making her famous worldwide under names like “Asia World City” or simply "HK". * However times change rapidly especially since late ’nineties when globalization picked up pace significantly affecting every aspect ranging economy down social structure too thus necessitating continuous adaptation by local authorities towards ensuring sustainable growth amidst challenges faced today such rapid urbanisation leading environmental issues along side increasing competition globally both economically speaking which requires innovative solutions tailored specifically addressing these problems effectively without compromising quality life standards enjoyed previously among residents alike."