Macau: Government launches website on the Closer Economic Partnership Arrangement between mainland China and Macau (CEPA)

16 December 2008

Macau, China, 16 Dec – With the aim of supporting increased cooperation and investment between Macau and mainland China the Macau government Tuesday launched an exclusive website ( www.cepa.gov.mo) focused on the Mainland and Macao Closer Economic Partnership Arrangement (CEPA) signed by the two sides in 2004.

The website, which is in three languages, created by the Financial Services Bureau (DSE), together with the Legal Affairs Bureau and the Macau Trade and Investment Promotion Institute (IPIM), “plans to respond to the growing need for information by investors about teh business environment in the two regions, namely on issues such as investment, legislation, economy and trade.”

The new CEPA website provides information on the transparency of laws in the areas of Easing Trade and Investment of CEPA, for an easy and quick search of businesses interested in accessing information about the business and investment climate, namely laws and regulations of the People’s Republic of China and the Special Administrative Region of Macau (SARM) in the context of CEPA.

The website presents six areas of interest: “Business Opportunities Provided by CEPA,” “CEPA News and Publications,” “CEPA Useful Information,” “Investing in Macau,” “Investing in the Mainland,” and “CEPA Zero Tariff Goods.”

As well as providing this information, the website also makes it possible to search “tariff codes for zero tariff goods,” and “rules of origin for goods” and summarises the applicable liberalisation measures for a total of 40 services sectors, covered by five CEPA supplements signed between Macau and Mainland China.(macauhub)

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