Global EditionASIA 中文双语Français
Home / China / HK Macao

Finance chief: Hong Kong strives to join regional trade deal

By Wang Zhan | | Updated: 2020-11-23 16:39
Share - WeChat

Hong Kong hopes to be part of the first group of economies to join the Regional Comprehensive Economic Partnership (RCEP) after the agreement takes effect, Financial Secretary Paul Chan Mo-po said in a blog post on his website Sunday.

The total bilateral trade between Hong Kong and the 15 member states of RCEP accounts for 71 percent of Hong Kong's total trade in goods, Chan wrote. "Joining the RCEP agreement will benefit trade in services and investment."

Asia Pacific nations including China, Japan and South Korea signed on Nov 15 the world's largest regional free-trade agreement, encompassing nearly a third of the world's population and gross domestic product. China supports Hong Kong joining the RCEP.

Meanwhile, Chan wrote that it's important to improve society's understanding of "One Country, Two Systems" in light of last year's social unrest. He attended a legal forum marking the 30th anniversary of the Basic Law, which is Hong Kong's mini-constitution. At that gathering, China signaled further changes to Hong Kong law.


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