A free trade area of guangdong report key or trade in services

Rise of mainland multiple free trade area attracted great attention from all walks of life in Hong Kong, while accelerating domestic reforms, around the rise of free trade in Hong Kong also produced a certain number of opportunities and challenges. Hong Kong financial secretary John tsang, said yesterday, open anywhere on the mainland, is a good thing for Hong Kong.

Rise of mainland multiple free trade area attracted great attention from all walks of life in Hong Kong, while accelerating domestic reforms, around the rise of free trade in Hong Kong also produced a certain number of opportunities and challenges. Hong Kong financial secretary John tsang, said yesterday, open anywhere on the mainland, is a good thing for Hong Kong.

Deutsche bank greater China chief economist jun ma believes that Shanghai free trade area is conducive to domestic trade and investment liberalization and speed up development of service industry, such as if China and India, Thailand and South Korea more thoroughly realize the liberalization of trade, an estimated 2% four years will boost GDP growth. Pilot success if Shanghai free trade zone, the content of the reform can be replicated across the country, can increase China to join the trans-pacific partnership agreement (TPP), but also to Hong Kong's future development.

FengXiaoYun jinan university school of economics professor, said a free trade area of guangdong, though still not approved the establishment, but it is understood that the department and the ministry of commerce in guangdong province is around the function positioning of the free trade area to study, forecast report will focus on trade in services, and Hong Kong and Macao to emphasize cooperation, cooperate with CEPA sez policy first. Hong Kong, she said, "as an important side of the trilateral free trade area, can make the rules, the main participate in the bid list, if Hong Kong does not respond, then the free trade area locate all need to change the name and function.