CEPA triggers export boom for HK companies

Hong Kong companies are enjoying an export boom in Shenzhen, Guangdong province, fueled by growing free trade in major products during the past 13 years.

More than 75 billion yuan ($11 billion) worth of goods from the special administrative region have enjoyed zero tariffs since the Closer Economic Partnership Arrangement, or CEPA, was rolled out in 2004.

Up to 198 Hong Kong businesses have benefited from the deal, figures released by Shenzhen Customs showed.