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Legal restrictions and taxation system

CEPA (Hong Kong/Mainland China Closer Economic Partnership Arrangement)

Hong Kong and mainland China have a special relationship with different systems. The "One Country Two Systems" for China is based on the historic background; however, to activate the Hong Kong economy, which has recently been sluggish, the CEPA (Closer Economic Partnership Arrangement) was signed in June 2003 between the two regions to give Hong Kong preferential access to the Chinese market.
We will explain the important points of CEPA and CEPA II (October 2004), respectively.


1. What is CEPA?
2. Exhibits of CEPA
3. Expansion of CEPA (CEPA II)
4. Exhibits of CEPA II
5. The Administrative Rules on Foreign Investment in Commercial Sectors and CEPA
Data bank
Legal restrictions and taxation system
China
China Compulsory Certification (CCC)
Administrative Measures on the Import of Mechanical and Electrical Products
Administrative Measures on the Inspection and Supervision of Imported Used Mechanical and Electrical Products
Export and import duties
Regulations concerning packing materials
Intellectual property rights system at customs
Processing trade
Specific economic area
System of bank surety accounts
The CEPA (the Hong Kong /
Mainland Closer Economic Partnership Arrangement)
Certification of place of origin and export /
import procedures
The import of new chemical substances
The flow of export/import clearance
Distance between principal cities of each country
Comparison of Chinese free trade zone and export processing zone
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