Which function is NOT among those exercised by the Government of the Hong Kong Special Administrative Region?

The Government of the Hong Kong Special Administrative Region (HKSAR) does not exercise the function of controlling public education in the same way it undertakes the other mentioned functions. While the HKSAR government has authority over education policy and can set educational standards and practices, it does not possess full control over public education as it operates within the broader context of "One Country, Two Systems" and is subject to constraints imposed by the Basic Law.

Formulating and implementing policies, conducting external affairs, and engaging in administrative affairs are clear responsibilities of the HKSAR government. These functions are essential for the governance of the region, allowing it to oversee economic, social, and political activities independently to a significant degree. However, education in Hong Kong involves various stakeholders, including the central government in Beijing, educational institutions, and the community. Therefore, while the HKSAR government plays a significant role in shaping education policy, it does not control public education in an absolute sense.

This differentiation highlights the unique governance structure established by the Basic Law and reinforces the limited autonomy the HKSAR enjoys in specific areas such as education.