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    The Mainland's Service Trade Increased To Open &Nbsp To Hong Kong; The Value Added In 12Th Five-Year Was 2 Trillion.

    2011/8/23 9:11:00 29

    Mainland Service Trade Opens Wider

    For support

    Hong Kong

    With sustained economic and social development and deepening economic and trade cooperation between the mainland and Hongkong, the central government recently announced a series of new measures in Hongkong, one of which is to further expand the opening of the mainland's service trade to Hongkong.

    The new measure also made it clear that in the mainland's opening up to Hongkong, the service sector will continue to push ahead with Guangdong and other provinces (municipalities).


    The new measures show that we should further expand the opening of service trade to Hongkong, and strive for the end of 12th Five-Year. Through the arrangement of Closer Economic Partnership Arrangement between Mainland and Hongkong (CEPA), the mainland will basically realize Hongkong's services.

    Trade

    Liberalization.


    Ceng Junhua, the financial secretary of the Hongkong Special Administrative Region government, said that this is a very important development opportunity for Hongkong and a great opportunity for Hongkong to serve the country.


    According to the "12th Five-Year plan", the value added of the mainland's service sector will account for 4 percentage points of the GDP during the "12th Five-Year" period.

    What does 4 percentage points mean?

    Ceng Junhua said that with the country's nearly 40 trillion yuan last year's GDP, it would be 1 trillion and 600 billion yuan for 4 percentage points. If it was calculated from 5 years later, the figure would be more than 2 trillion yuan, which is equivalent to the current GDP of Hongkong in the year of.


    The service sector is Hongkong's strong point, accounting for 93% of GDP.

    Hongkong's service industry is not only significant, but also full of types, high level, talented people, and has international competitiveness.

    Deepening the cooperation between the mainland and Hongkong in the service sector can enhance the mainland.

    service

    Industry level, strengthening the status of Hongkong business center.

    The mainland and Hongkong can join hands to explore the international market and enhance their international competitiveness.


    The new measures clearly show that, in the opening up of the mainland service sector to Hongkong, "continue to promote Guangdong and other provinces (cities) first try".

    The "12th Five-Year plan" clearly supports the implementation of the framework agreement on Guangdong and Hong Kong cooperation, supports Guangdong's opening up to Hongkong's service industry, and gradually extends the pilot measures to other regions.


     
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