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Main ContentMainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)

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Hong Kong and Mainland signed the Agreement on Trade in Goods, consolidating and updating the commitments on liberalisation and facilitation of trade in goods under the framework of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) on 14 December 2018 to further enhance the level of economic and trade exchanges and cooperation between the Mainland and Hong Kong. The Agreement on Trade in Goods will come into effect on the day of signing, and will be implemented on 1 January 2019.

Details of the Agreement on Trade in Goods can be found in the relevant web page of Trade and Industry Department:
(https://www.tid.gov.hk/english/cepa/legaltext/cepa17.html)

Hong Kong and Mainland signed the Investment Agreement under CEPA on 28 June 2017, in order to progressively reduce or eliminate substantially all discriminatory measures on investments between the two sides, to protect the rights of investors and to promote achieving progressive liberalisation and facilitation of investments of the two sides. The Investment Agreement was implemented from 1st January 2018.

Details of the Investment Agreement can be found in the relevant web page of Trade and Industry Department:
(https://www.tid.gov.hk/english/cepa/legaltext/cepa14.html)

Hong Kong and Mainland signed the Agreement on Economic and Technical Cooperation (the Ecotech Agreement) under the framework of CEPA on 28 June 2017, in order to fully enhance the level of economic and technical exchanges and cooperation between the two sides. The Ecotech Agreement was implemented from 28 June 2017.

Details of the Ecotech Agreement can be found in the relevant web page of Trade and Industry Department :
(https://www.tid.gov.hk/english/cepa/legaltext/cepa15.html)

Hong Kong and Mainland signed the Agreement on Trade in Services (the Agreement) under the framework of CEPA in November 2015. The Agreement extends the geographical coverage from Guangdong to the whole Mainland for basic liberalization of trade in services. The Agreement was implemented from 1st June 2016.

The Agreement made reference to the framework of the Agreement between the Mainland and Hong Kong on Achieving Basic Liberalization of Trade in Services in Guangdong (the Guangdong Agreement) signed in December 2014, covers and consolidates commitments relating to liberalization of trade in services provided in CEPA and its Supplements and also the Guangdong Agreement, becomes a stand-alone, subsidiary agreement relating to trade in services under the framework of CEPA.

Details of the Agreement can be found in the relevant web page of Trade and Industry Department:

(http://www.tid.gov.hk/english/cepa/legaltext/cepa13.html)
 

Background

Hong Kong and the Mainland signed the CEPA in 2003, and thereafter, the two sides broadened and enriched the content of CEPA and signed ten Supplements between 2004 and 2013, expanding market liberalization and further facilitating trade and investment. In December 2014, the Agreement between the Mainland and Hong Kong on Achieving Basic Liberalization of Trade in Services in Guangdong (the Guangdong Agreement) was signed under the framework of CEPA, enabling early realisation of basic liberalization of trade in services with Hong Kong in Guangdong.

Liberalization measures under the Guangdong Agreement and CEPA and its Supplements