CEPA

The Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone is to be expanded as part of moves to establish it as a world class development engine with a particular focus on global resource allocation. The initiative, announced on 6 September, will see the operational area of the Zone increased from 14.92 sq km to 120.56 sq km in the run-up to 2035. More

The Leading Group of Guangzhou for Promoting the Construction of the Guangdong-Hong Kong-Macao Greater Bay Area recently passed its action plan for the Greater Bay Area (GBA) (Sui Da Wan Qu No. 2 [2021]). The aims of the plan are to boost high-level connectivity within the region, promote the efficient and convenient flow of resources and factors of production, and to make the GBA the first area to achieve trade liberalisation and customs facilitation. More

Social-distancing measures implemented in the wake of the Covid-19 pandemic have brought a bigger and more loyal user base to online games. Meanwhile, with the development of 5G mobile networks set to break geographical and technical barriers coupled with the closer market interactions in the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong’s game industry is about to enter a new phase. More

The General Administration of Customs (GAC) recently issued an announcement (GAC Announcement No. 76 [2020]), stating that the revised Rules of Origin (ROO) under the Agreement on Trade in Goods under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) contained in the annexes of GAC Announcements No. 213 and No. 214 [2018] will take effect on 1 July 2020. More