Macao will enjoy more access to the Chinese mainland market.
Supplement VII to the Closer Economic Partnership Arrangement (CEPA), signed by China's Ministry of Commerce and the Macao Special Administrative Region Government, will come into effect next year.
The new supplement includes measures concerning facilitating trade and investment in more areas such as education, expanding industrial cooperation programs, and liberalizing 11 service sectors for Macao investors.
Upon implementation, the supplement will enable companies and investors from Macao to explore the mainland market with lower costs and higher efficiency. |