What I want to point out now is what we plan to do in the days and months
ahead on CEPA, now that the SAR and the central governments signed the agreement on June
29.
First of all, we are running a series of workshops, from general to
sectoral, on the implications of CEPA. These workshops feature practitioners who will
discuss with Chamber members what CEPA means in their specific sectors. The ones in July
usually had almost 100 attendees each, and while there will be a temporary halt in August,
we will resume this popular series in September. Members can learn more about the new
opportunities now available to Hong Kong under CEPA.
Secondly, we already submitted to the HKSAR Government one set of
questions which we believe the HKSAR Government negotiators must address as soon as
possible with their Mainland counterparts. There are many pieces missing in the agreement,
as well as many unclear spots. People will be loath to make investments if these questions
are not answered quickly. These questions are collected from members at the workshops and
from our own analysis of the agreement thus far. Since we will continue to point out these
deficiencies to the negotiators, if any of you discover new places which can use immediate
further clarification, let us know and we can send them on to the government.
Thirdly, we are organising several business-matching opportunities with
Mainland cities and provinces which are very interested in co-operating with Hong Kong
post-CEPA. And we will be promoting CEPA to foreign businesses when they visit here or
when we go out to visit them. Foreign delegations are beginning to come back, and others
have called in or visited our Web site to find out more about CEPA. In the next few
months, there will be Chamber trips to Guangdong, Beijing, Xiamen, Shanghai, Spain,
France, and Monaco to promote Hong Kong and CEPA.
Fourthly, we are compiling two assessment reports on CEPA, one a
preliminary one which will be out in early August, and a full one which will be out
towards the end of September. They will be available to members and help you decide how to
take advantage of CEPA.
Finally, we will be monitoring the implementation of CEPA and looking
ahead to what Hong Kong can ask for in Phase II of CEPA. CEPA is a "living"
document and will be continuously updated, and we will be right there with our members'
views. Yes, the Chamber helped start CEPA, but we will continue to help improve it, so
that our members can take advantage of the new opportunities provided by CEPA.