The transfer of sovereignty over Hong Kong from the United Kingdom to the People's Republic of China, referred to as "the Handover" internationally or "the Return" in China, took place on 1 July 1997. The landmark event marked the end of British rule in Hong Kong, and is often considered to mark the end of the British Empire.
Hong Kong's territory was acquired from three separate treaties: the Treaty of Nanking in 1842, the Convention of Peking in 1860, and The Convention for the Extension of Hong Kong Territory in 1898, which gave the UK the control of Hong Kong Island, Kowloon (area south of Boundary Street), and the New Territories (area north of Boundary Street and south of the Sham Chun River, and outlying islands), respectively.
Although Hong Kong Island and Kowloon had been ceded to the United Kingdom in perpetuity, the control on the New Territories was a 99-year lease. The finite nature of the 99-year lease did not hinder Hong Kong's development as the New Territories were combined as a part of Hong Kong.
However, by 1997, it was impractical to separate the three territories and only return the New Territories. In addition, with the scarcity of land and natural resources in Hong Kong Island and Kowloon, the New Territories were being developed with large-scale infrastructures and other developments, with the break-even day lying well past 30 June 1997. Thus, the status of the New Territories after the expiry of the 99-year lease became important for Hong Kong's economic development.
When the People's Republic of China obtained its seat in the United Nations as a result of the UN General Assembly Resolution 2758 in 1971, it began to act diplomatically on the sovereignty issues of Hong Kong and Macau. In March 1972, the Chinese UN representative, Huang Hua, wrote to the United Nations Decolonization Committee to state the position of the Chinese government: