CEPA Supplement VII expands economic and trade cooperation
The Hong Kong Special Administrative Region Government and the Central People's Government recently reached agreement on further liberalizing trade in services and enhancing cooperation in trade and investment facilitation under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA).

Foreign investment projects are a boon to economy
Hong Kong Chief Executive Donald Tsang hosted a cocktail reception on June 22 to thank the foreign investors whose presence in Hong Kong is a testimony to the city’s position as Asia’s international business and finance center.

Expansion of renminbi trade settlement program
On June 22, the People’s Bank of China, together with other relevant authorities on mainland China, announced an expansion of the renminbi trade settlement program.

Biotechnology is a key to Hong Kong’s competitiveness
As the world becomes more competitive amid globalization, Hong Kong must broaden its economic base by actively developing more high-value-added industries, said Hong Kong Commissioner for Innovation and Technology Janet Wong.

Report: Hong Kong integral to Greater Pearl River Delta success
The sixth edition of the Greater Pearl River Delta (GPRD) Report, published by Invest Hong Kong (InvestHK), highlights Hong Kong’s central position in the region’s development and shows why the region holds great promise for the future.

The report was officially released at a May 28 luncheon presented by the Australian Chamber of Commerce, in conjunction with InvestHK and the InterCham PRD Committee in Hong Kong.