Hong Kong and the Mainland are finalizing arrangements for customs clearance without isolation, and the first phase of quotas may be introduced as soon as next month.
Liang Zhenying, vice chairman of the National Committee of the Chinese People's Political Consultative Conference and former chief executive, stated in a forum that exchanges between Hong Kong and the Greater Bay Area have been severely hampered by the epidemic in the past two years, and it is unknown how much the actual impact will be.
However, with the implementation of the Regional Comprehensive Economic Partnership Agreement (RCEP) covering China, Japan, South Korea, ASEAN, Australia and New Zealand, Hong Kong should launch large-scale publicity after small customs clearance to attract free trade zone countries to enter the Greater Bay Area through Hong Kong as an intermediary. .
In his speech, Liu Guangyuan, Special Commissioner of the Ministry of Foreign Affairs in Hong Kong, also pointed out that Hong Kong is the center of the Greater Bay Area and an important international city, backed by the strong support of the motherland.
He mentioned that he attended an event co-organized by Guangdong and Hong Kong earlier. The foreign capital participating in the meeting was optimistic about the future of Hong Kong and expressed that they would stay in Hong Kong for development.
Liang Zhenying pointed out that the "Regional Comprehensive Economic Partnership Agreement" will include China, Japan, South Korea, and the top three economies in Asia. After the entire free trade agreement comes into effect, it will cover one-third of the world's population, and it will also account for one-third of global GDP.
And trade is the genes of Hong Kong. Hong Kong has been a trading center for 170 years. It is now well developed in industries such as insurance technology and logistics. It is hoped that in the future, it will not only engage in local import and export, but also practice "buy the world, sell the world."
Liu Guangyuan pointed out that under the "Port National Security Law" and the new election system, Hong Kong has the advantage to enhance its status as an international financial, shipping and trade center.
01News
The TDC and ACCA claim that RCEP will provide greater impetus for Greater Bay Area companies to expand overseas markets. RCEP will take effect in January next year. How does Hong Kong seize the opportunity of market opening?
Ministry of Commerce of China: Ready to reduce tariffs when RCEP takes effect. RCEP will take effect in 2022. Japanese media: become a touchstone for China's application to join CPTPP. Australia and New Zealand approve RCEP. ASEAN Economic and Trade Ministers welcome Hong Kong seeking to join RCEP. 70% of the vaccination rate is difficult to protect Hong Kong if the epidemic rebounds, customs clearance may become a mirror image of customs clearance | Xu Shuchang: Omicron's attack power exceeds Delta, and it has not entered the community temporarily. Customs clearance will not be affected. 01 News | "Customs clearance" will be extended to late December. Customs clearance | Lam Cheng: Transit Hong Kong residents voluntarily provide peace-of-mind records, and there is no system to track customs clearance of Hong Kong residents in the Mainland | DAB Joint Collection 70,000 Joint Office Promotes Customs Clearance