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29-Aug-2013

Financial Secretary John Tsang signed the 10th supplement to the Mainland & Hong Kong Closer Economic Partnership Arrangement, or CEPA, today.
 
He signed the deal with Vice Minister of Commerce Gao Yan at the Central Government Offices in Hong Kong.
 
It provides for a total of 73 services liberalisation, and trade and investment facilitation measures. It brings the total number of liberalisation measures for trade in services under CEPA to 403.
 
Mr Tsang said among the supplements made since the signing of CEPA in 2003, Supplement X contains the greatest number of measures.

The measures further relax market access conditions for 28 services sectors, such as legal, banking, securities, telecommunications and construction, which are already benefiting from CEPA and previous supplements.
 
The measures will be implemented in January.

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