The Mainland and Hong Kong have agreed to expand the scope of the Closer Economic Partnership Arrangement (CEPA). The new measures cover goods and services, and enhanced cooperation in intellectual property protection.
On goods, a total of 37 more Hong Kong products will be entitled for zero tariff in entering the Mainland market starting from July 1, 2006.
Hong Kong Chief Executive Donald Tsang thanked new foreign, Mainland Chinese and Taiwan investors for their substantial contribution to the Hong Kong economy at a reception held in Hong Kong recently.
More than 200 guests, representing some 150 overseas, Mainland Chinese and Taiwan companies that have set up operations...
The award-winning Hong Kong film “Perhaps Love” launched the 49th San Francisco International Film Festival in April.
For the first time in the San Francisco International Film Festival’s 49-year history, a Hong Kong film was selected as the opening night film.
Hong Kong Research and Development (R&D) Centers formed a Pavilion in The Venture Forum 2006 at the San Jose Convention Center in June.
Mr. Anthony Wong, Commissioner for Innovation and Technology was a speaker at the “The Earth is Flat: Mining Global Innovation” panel discussion.
The Hong Kong Government issued a consultation document outlining proposed reforms to the current tax system in Hong Kong. Having considered a range of options to broaden the tax base, the Government has concluded that reform via the introduction of a Goods and Services Tax (GST) is the preferred option for consideration.
