Hong Kong's Secretary for Constitutional and Mainland Affairs Raymond Tam has announced that a Consultative Committee has been formed to advise the Government on economic and trade cooperation between Hong Kong and Mainland China.
As part of the Government's aim to strengthen Hong Kong's external trade and economic co-operation with the Mainland, the existing Greater Pearl River Delta Business Council has been re-organized and renamed the "Consultative Committee on Economic and Trade Co-operation between Hong Kong and the Mainland."
Its expanded terms of reference will cover economic and trade issues between Hong Kong and all regions in the Mainland. It will make policy proposals and suggest implementation strategies for strengthening economic and trade co-operation between Hong Kong and the Mainland, including measures to assist Hong Kong enterprises in tapping the Mainland market.
The Committee will hold its first meeting this month. It will then, in particular, study the implications of the three special economic zones in Guangdong at Nansha, Hengqin and Qianhai on Hong Kong.
With regard to the recently-established Shanghai free trade zone, Tam said Hong Kong would liaise with the authorities there to see how Hong Kong could contribute..
TAGS: tax | China | Hong Kong | trade | free trade zone
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