Hong Kong, China Expand Free-trade Agreement

From Reuters:

Hong Kong expanded a free-trade deal with mainland China on Tuesday in an agreement that includes giving mining and exploration companies and related services easier access to the Chinese market.

The trade agreement, or Closer Economic Partnership Agreement (CEPA), which was first signed in 2003, generated HK$5.1 billion ($654 million) in capital investment for the city and created 36,000 jobs in the former British colony from 2004 to 2006, Chief Executive Donald Tsang said on Tuesday.

Read also Mainland, HK sign further expanded economic agreement by Xinhua.

July 29, 2008, 5:42 AM
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Categories: Economy, Hong Kong