WHAT'S NEW

Closer Economic Partnership Arrangement (CEPA)

The Hong Kong-China Closer Economic Partnership Arrangement (CEPA), signed last June by the respective governments, covers three broad areas -- trade in goods, trade in services and trade and investment facilitation.

Under CEPA, beginning January 1, 2004, 273 Hong Kong products will be exempt from tariffs when exported to the Mainland. By January 2006, all Hong Kong products will enjoy zero tariffs upon aproval of applications from Hong Kong manufacturers.

Also, beginning January 1, 2004, the Chinese mainland and Hong Kong SAR will roll out a series of trade facilitating customs policies under the framework of CEPA. As of January 1, the Mainland customs and Hong Kong customs will use the same entry and exit cargo inventories for road transportation.
(Follow the links for more information on Mainland-Hong Kong CEPA and Mainland-Macau CEPA)

HONG KONG BUSINESS UPDATE

1. Asian Airspace in Singapore, February 24-29, 2004
2. Major Asian Food and Hospitality Trade Shows in 2004
3. Cheerway seeks U.S. Hemlock Logs
4. International Information and Communications Technology Expo, April 14-17, 2004
5. Featured U.S. Exporter
6. CD-Rom on Hong Kong
7. Dates for Upcoming Trade Shows in Hong Kong More...

US Consulate General in Hong Kong

Foreign Commercial Service in Hong Kong

US - Hong Kong Business Council

American Chamber of Commerce in Hong Kong

Hong Kong Trade Development Council

If you have a market access or compliance issue, go to Trade Compliance Center website