The Anniversary of the Establishment of the Macao Special Administrative Region
FindYourStampsValue.com got to know that Macao Post is to issue a set of stamps commemorating the 15th Anniversary of the People's Liberation Army Garrison Stationed in Macao. The stamp release consists of four stamps that are to be put into circulation on the 20thof December.
The Special Administrative Regions of the People's Republic of China are autonomous territories that fall within the sovereignty of the People's Republic of China, yet do not form part of Mainland China.
At present, there are two SARs, namely the Hong Kong SAR and the Macau SAR, former British and Portuguese dependencies respectively, transferred to China in 1997 and 1999 pursuant to the Sino-British Joint Declaration of 1984 and the Sino-Portuguese Joint Declaration of 1987 respectively. Pursuant to their Joint Declarations, which are binding inter-state treaties registered with the United Nations, and their Basic laws, the Chinese SARs "shall enjoy a high degree of autonomy".
The provision to establish special administrative regions appeared in the constitution in 1982, in anticipation of the talks with the United Kingdom over the question of the sovereignty over Hong Kong. It was envisioned as the model for the eventual reunification with Taiwan and other islands, where the Republic of China has resided since 1949. Special administrative regions should not be confused with special economic zones, which are areas in which special economic laws apply to promote trade and investments.
Under the One China, Two Systems principle, the two SARs continue to possess their own governments, multi-party legislatures, legal systems, police forces, monetary systems, separate customs territory, immigration policies, national sports teams, official languages, postal systems, academic and educational systems, and substantial competence in external relations that are different or independent from the People's Republic of China.