xi's moments
Home | HK Macao Taiwan

Chinese mainland, Macao to comprehensively upgrade CEPA: senior official

Xinhua | Updated: 2017-06-09 12:59

MACAO -- The Chinese mainland and Macao were negotiating on comprehensively upgrading Closer Economic Partnership Arrangements (CEPA), which is expected to complete at the end of this year, a senior official confirmed here at a recent symposium.

Wang Bingnan, assistant minister of commerce of China, made the announcement at the opening ceremony of International symposium on Belt and Road and Macao's development, starting on Thursday.

A meeting has been held between representatives from China's Ministry of Commerce and Economy and Finance of China's Macao Special Administrative Region (SAR) government to negotiate on terms and contents of CEPA, especially those concerning guaranteeing investment, and deepening of economic and technical cooperation, according to a press release on Friday.

The sectors beneficial to Macao's industrial diversification were highlighted during the negociation, the press release said.

The mainland and Macao signed CEPA in 2003 to forge closer ties. In 2014 and 2015, two new agreements were signed respectively under the framework of CEPA between them to further liberalizing trade in services.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349