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| Business pact: Financial Secretary John Tsang and Vice-Minister of Commerce Jiang Zengwei sign Supplement V to the Hong Kong-Mainland Closer Economic Partnership Arrangement. Chief Executive Donald Tsang says the new package will open more opportunities for Hong Kong traders. |
Supplement V to the Hong Kong-Mainland Closer Economic Partnership Arrangement (CEPA) has been signed, expanding the total number of services sectors covered from 38 to 40.
The Mainland will introduce 29 liberalisation measures covering 17 service sectors, including two new sectors - services incidental to mining, and related scientific and technical consulting services.
The measures will come into force January 1, 2009.
Hong Kong and Guangdong will also implement a package of liberalisation and facilitation measures on an early and pilot basis to enhance mutual economic and trade co-operation.
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