CEPA Investment Agreement and CEPA Agreement on Economic and Technical Cooperation
The Investment Agreement and the Agreement on Economic and Technical Cooperation are integral parts to the enhancement of the Mainland and Macao Closer Economic Partnership Arrangement (CEPA). The signing of the two agreements provides new room for development and creates more favourable conditions for further cooperation in economic and trade areas between the Mainland and Macao, contributing to speed up Macao’s integration into China’s overall development framework. The two agreements were signed by the Vice Minister of Commerce of the People’s Republic of China and the Secretary for Economy and Finance of the Macao Special Administrative Region on 18 December 2017 and have come into effect since the date of signing, among which the Investment Agreement will be officially implemented on 1 January 2018.
Texts of the Investment Agreement
- Main Text
- Annex 1: Relevant Requirements on the Definition of "Investor"
- Annex 2: Schedules of the Mainland and Macao
- Annex 3: Expropriation
Texts of the Agreement on Economic and Technical Cooperation
CEPA Agreement on Trade in Goods
The Agreement on Trade in Goods of CEPA was signed on 12 December 2018 between the International Trade Negotiation Representative and Vice Minister of Commerce of the People's Republic of China and the Secretary for Economy and Finance of the Macao Special Administrative Region. The Agreement comes into effect on the date of signature and will be officially implemented from 1 January 2019. The Agreement has systematically integrated the relevant provisions in the previous CEPA and its 10 Supplements, and enriched the content of cooperation, including the establishment of the criterion of origin and more flexible methods for determining the origin for all products classified under the Mainland tariff codes, and further enhancing the level of customs clearance facilitation for trade in goods, so as to promote the movement of goods between the two places and to foster the continuous development of Macao's manufacturing industry. The Agreement has also established a special chapter for the Guangdong-Hong Kong-Macao Bay Area to implement groundbreaking measures for customs clearance of goods within the Bay Area on a pilot basis with a view to assisting Macao’s business sector to integrate themselves into the national development strategies, so as to join force to promote the development of the Guangdong-Hong Kong-Macao Bay Area.
Texts of the Trade in Goods Agreement