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CHINA-HONG KONG, China
China-Hong Kong CEPA
 Interactive trade indicators

Technical notes for performance indicators
Performance Indicators :
Member Countries

China Hong Kong,SAR

Mainland and Hong Kong Closer Economic Partnership Arrangement

Status :  In force since 2003
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.tid.gov.hk/english/cepa/legaltext/cepa_legaltext.html
Other links : 
http://www.worldtradelaw.net/fta/agreements/chinhkfta.pdf
WTO consideration process : 
http://rtais.wto.org/rtadocs/57/RelatedDocuments/Factual%20Abstract/English/China-HK%20China(G)_W.doc
GOODS
Tariffs
Positive list
Tariff elimination by 2005
Every year new products can be included in the no-tariff list (every October 1st)
Rules of Origin
Change in tariff heading (four digit level)
Minimum value content 30% FOB
Some manufacturing processes accepted
Contingency Measures
   Anti - Dumping : parties commit to not applying them on each other's goods- Article 7
   Countervailing Duties : parties commit to not applying them on each other's goods - Article 8
   Safeguards : Article 9 and annex I

Standards : SPS measures Article 17.1.3
Notes:
No provisions for coverage of agricultural goods. Consideration process in CRTA: factual abstract in preparation.
SERVICES
WTO Notification (GATS Art. V)Notified
       Date of notification 27/12/2003

       Consideration Process : Under Consideration


Liberalization ApproachPositive Lists

Modes Covered
Cross-border supply (Mode1)
Consumption abroad (Mode2)
Commercial presence (Mode3)
Presence of natural persons (Mode4)

Specific Chapters on

Specific Sectors Excluded

Public Sectors carve-out : Other
              No explicit public services carve-out

Most Favoured Nation : Not featured

National Treatment : Not featured

Market Access : Not featured

Domestic Regulation : Not featured

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
          Annex 5 sets out detailed rules of origin and on denial of benefits.


Notes :
          No major disciplines in the text of the agreement. Substantial and sectoral obligations are adopted by positive listing in the schedules of commitments.


Link to schedules :
INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :
                           
National Treatment :
                           
Fair and Equitable Treatment :
                           
Expropriation :
                           
Board of Directors and executive personnel :

Invester - State arbitration :

Denial of Benefits :
          


Additional BIT exists between the parties :
          BIT list I :
                    Status:
          BIT list II :
                    Status:

Notes :
          The Parties will promote trade and investment facilitation through greater transparency, standards conformity and enhanced information exchange.


Link to schedules :
TRADE FACILITATION
Customs procedures : Yes Article 17 of the Agreement
Customs valuation : Yes Article 17 of the Agreement
Trade regulations publication and administration (transparency) : Yes Chapter 5, Article 16 of the Agreement
E-Commerce / Paperless trade : No
Cooperation in trade facilitation : No
OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes Article 19
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : Yes Article 19 -A Joint Steering Committee (JSC), which comprise senior representatives or officials designated by the Parties, has been set up.
Notes:
Hong Kong continues to apply zero tariff to products originating from the mainland
RULES OF ORIGIN
Cumulation
bilateral
Specific Process
some specific process (with significant transformation) accepted
Heading Change
tariff heading change at the four-digit level
De Minimis
Minimum Content
30 minimum content FOB
Drawback
Http Link
Notes
CHINA-HONG KONG, China
China-Hong Kong CEPA

Member Countries
China
Hong Kong,SAR
Total: 2 countries

Mainland and Hong Kong Closer Economic Partnership Arrangement

Status :  In force since 2003
Scope : Bilateral
Type : FTA & EIA
WTO Notification : GATT Art XXIV, GATS Art V 2003
Agreement text : 
http://www.tid.gov.hk/english/cepa/legaltext/cepa_legaltext.html

Other links : 
http://www.worldtradelaw.net/fta/agreements/chinhkfta.pdf

WTO consideration process : 
http://rtais.wto.org/rtadocs/57/RelatedDocuments/Factual%20Abstract/English/China-HK%20China(G)_W.doc
GOODS
Tariffs
Positive list
Tariff elimination by 2005
Every year new products can be included in the no-tariff list (every October 1st)

Rules of Origin
Change in tariff heading (four digit level)
Minimum value content 30% FOB
Some manufacturing processes accepted

Contingency Measures
Anti - Dumping : parties commit to not applying them on each other's goods- Article 7
Countervailing Duties : parties commit to not applying them on each other's goods - Article 8
Safeguards : Article 9 and annex I

Standards : SPS measures Article 17.1.3

Notes:
No provisions for coverage of agricultural goods. Consideration process in CRTA: factual abstract in preparation.


SERVICES
WTO Notification (GATS Art. V)Notified
Date of notification : 27/12/2003
Consideration Process : Under Consideration

Liberalization ApproachPositive Lists

Modes Covered
Cross - Border Supply : Yes
Consumption Abroad : Yes
Commercial Presence Abroad : Yes
Movement of Natural Persons : Yes

Specific Chapters on
Specific Sectors Excluded
Public Sectors carve-out : Other
No explicit public services carve-out

Most Favoured Nation : Not featured

National Treatment : Not featured

Market Access : Not featured

Domestic Regulation : Not featured

Subsidies covered by services disciplines : Covered

Denial of benefits for commercial presence :
Annex 5 sets out detailed rules of origin and on denial of benefits.


Notes:
No major disciplines in the text of the agreement. Substantial and sectoral obligations are adopted by positive listing in the schedules of commitments.

Link to schedules :

INVESTMENT
Scheduling Approach

Definition of investment

Most Favoured Nation :

National Treatment :


Fair and Equitable Treatment :


Expropriation :


Board of Directors and executive personnel :

Invester - State arbitration : No

Denial of Benefits :


Additional BIT exists between the parties :No

BIT list I :
Status:
BIT list II :
Status:

Notes :
The Parties will promote trade and investment facilitation through greater transparency, standards conformity and enhanced information exchange.


Link to schedules :

TRADE FACILITATION
Customs procedures : Yes Article 17 of the Agreement
Customs valuation : Yes Article 17 of the Agreement
Trade regulations publication and administration : Yes Chapter 5, Article 16 of the Agreement
Use of ICT : No
Mobility of business people : No
Freedom of transit : No
Transport and logistics : No
Trade finance : No

OTHER AREAS
Government Procurement : No
Investment : No
Competition Policy : No
Intellectual Property : No
Dispute Settlement : Yes Article 19
Labor Mobility : No
Labor and Environmental Standards : No
Technical cooperation : No
Institutional mechanism : Yes Article 19 -A Joint Steering Committee (JSC), which comprise senior representatives or officials designated by the Parties, has been set up.

Notes:
Hong Kong continues to apply zero tariff to products originating from the mainland


RULES OF ORIGIN
Cumulation
bilateral
Specific Process
some specific process (with significant transformation) accepted
Heading Change
tariff heading change at the four-digit level
De Minimis

Minimum Content
30 minimum content FOB
Drawback

Http Link

Notes

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