Mainland and Hong Kong Closer Economic Partnership Arrangement

The Mainland and Hong Kong Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement (CEPA) for short, is an economic agreement between the Government of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic of China, signed on 29 June 2003. A similar agreement, known as the Mainland and Macau Closer Economic Partnership Arrangement, was signed between the Government of the Macau Special Administrative Region and the Central People's Government on 18 October 2003.

Regular supplements have been signed between the Mainland and Hong Kong governments. The most recent, Supplement VIII (also referred to as CEPA VIII), was signed on 13 December 2011 and is implemented from 1 April 2012.

The two agreements and additional supplements were signed in the Chinese language; the Chinese text is therefore the authoritative text. The Hong Kong government generally provides a courtesy English translation, as English is one of the official languages of Hong Kong.

In the full name of "CEPA", the "Mainland" refers to the customs territory of the People's Republic of China.

Read more about Mainland And Hong Kong Closer Economic Partnership Arrangement:  Objectives

Famous quotes containing the words closer, economic, partnership and/or arrangement:

    Celebrity-worship and hero-worship should not be confused. Yet we confuse them every day, and by doing so we come dangerously close to depriving ourselves of all real models. We lose sight of the men and women who do not simply seem great because they are famous but are famous because they are great. We come closer and closer to degrading all fame into notoriety.
    Daniel J. Boorstin (b. 1914)

    One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.
    Susan Sontag (b. 1933)

    Nevertheless, no school can work well for children if parents and teachers do not act in partnership on behalf of the children’s best interests. Parents have every right to understand what is happening to their children at school, and teachers have the responsibility to share that information without prejudicial judgment.... Such communication, which can only be in a child’s interest, is not possible without mutual trust between parent and teacher.
    Dorothy H. Cohen (20th century)

    The work of Henry James has always seemed divisible by a simple dynastic arrangement into three reigns: James I, James II, and the Old Pretender.
    Philip Guedalla (1889–1944)