Hong Kong and Chinese Mainland Sign New CEPA Agreement to Boost Services Trade
Hong Kong and the Chinese mainland have signed a new CEPA agreement, introducing liberalization measures to enhance services trade and boost economic development.
News & Insights Across Asia
Hong Kong and the Chinese mainland have signed a new CEPA agreement, introducing liberalization measures to enhance services trade and boost economic development.
The 2024 China International Fair for Trade in Services concluded in Beijing, achieving nearly 1,000 deals across key sectors like construction, finance, and business services, with a 20% increase in attendees.
Speaking at CIFTIS 2024, WTO Deputy Director-General Johanna Hill highlighted the transformative impact of services trade on global growth, employment, and sustainable development, urging enhanced international cooperation.
Australian diplomat Dominic Trindade describes China and Australia as “natural trading partners” with a long history, emphasizing the crucial role of services trade in their bilateral relationship.
Global companies are gathering at the 2024 China International Fair for Trade in Services in Beijing to explore opportunities in China’s expanding services market, signaling confidence in the country’s economic potential.
The UK takes center stage as the guest country of honor at the 2023 CIFTIS, showcasing its commitment to strengthening trade relations with China. Tom Simpson discusses opportunities for UK businesses in the Chinese market.