Whereas the United States-Hong Kong Policy Act of 1992 ( Public Law 102–383 ) states that— (1) [s]upport for democratization is a fundamental principle of United States foreign policy ; (2) the human rights of the people of Hong Kong are of great importance to the United States and are directly relevant to United States interests in Hong Kong [and] serve as a basis for Hong Kong’s continued economic prosperity ; and (3) Hong Kong must remain sufficiently autonomous from the People’s Republic of China to justify a different treatment than accorded to the People’s Republic of China under United States law; Whereas the United States maintains substantial economic and political interests in Hong Kong, with more than 1,300 United States firms operating in the Special Administrative Region, owing largely to Hong Kong’s favorable business environment; Whereas the United States supports Hong Kong’s high degree of autonomy promised by the Sino-British Joint Declaration of 1984 in accordance with the one country, two systems framework by concluding and implementing bilateral agreements, promoting trade and investment, and bolstering educational, academic, and cultural links; Whereas the Department of State reported in its 2019 Hong Kong Policy Act Report, dated March 21, 2019, that the People’s Republic of China has implemented a number of fixed redlines inconsistent with China’s commitments in the Basic Law of the Hong Kong Special Administrative Region, and the Sino-British Joint Declaration of 1984, which have diminished Hong Kong’s high degree of autonomy