Closer Economic Partnership Agreement Research Articles

A Special Regional Actor in the World: Conceptualising Macao’s Diplomatic Behaviour

This study examines the diplomatic behaviour of the Macao Special Administrative Region (MSAR) of China, a special substate region, in its external relations. Based on Macao’s experiences, three major diplomatic types have been conceptualised: intrastate diplomacy with mainland China, substate diplomacy as a part of a wider Chinese national polity and quasi-state diplomacy as an autonomous entity in international affairs. Further empirical evidence is drawn from three case studies on the Closer Economic Partnership Agreement, the Sino-Portuguese Economic Forum and the bilateral relations between Macao and the European Union. The diplomatic behaviour of the MSAR is further characterised in terms of its practices, motivations and strategies. The objective of this study is to contribute both conceptually and empirically to a scholarly understanding of diplomacy by a substate region, in the fields of international relations, comparative federalism and China studies.

The Closer Economic Partnership Agreement (CEPA) between China and Hong Kong SAR: From gesture to commitment

On 29 June 2003, Hong Kong Special Administrative Region (SAR) and the Mainland China signed the Closer Economic Partnership Arrangement (CEPA) which opened 18 service sectors including certain telecommunications services to Hong Kong investors. However, the response from Hong Kong׳s telecommunications sector has not been enthusiastic. This paper, with the support and sponsorship by the Communications Association of Hong Kong, provides a panorama review of the CEPA within the context of telecommunications and argues that CEPA has been a political gesture of the Mainland to comfort Hong Kong while the future is becoming optimistic as the Chinese central government has been witnessed to change its policy stance from protectionism towards pro-liberalization. The CEPA Supplement XI which has been implemented since March 2015 would be a milestone in opening China׳s domestic telecommunications market to overseas investors.

Hong Kong and the CEPA: the changing fortunes of Hong Kong film production

Hong Kong has long been the centre of Cantonese film-making. Its history from the 1970s to the handover of 1997 has been well documented as the recognition of its role as a supplier of films to the Chinese global diaspora became increasingly apparent. Since 1997, however, its production capability has been governed by the cultural policies of the People's Republic of China (PRC). This essay argues that the recent history, dominated by the different versions of the Closer Economic Partnership Agreement (CEPA), has been more complex than the simple transformation of Hong Kong into a portal for the PRC. Both Beijing and Hollywood have benefited from Hong Kong's strategic role but the complexity of the development shows no signs of easy prediction for any of the major players. Perhaps unsurprisingly, the opportunities granted to the local Hong Kong film community by the CEPA have led to a complex decade of development that has been profitable for local production but gives few clues to the role of Hong Kong in future Chinese cinema.

Impact of CEPA on the labor market of Hong Kong

A panel data method is used to evaluate the impact of the Closer Economic Partnership Agreement (CEPA) signed between Mainland China and Hong Kong. Using the time series data of Hong Kong, Austria, Denmark, Finland, France, Germany, Italy, Japan, Korea, Netherlands, Norway, Singapore, Taiwan, U.K., and U.S. to construct what would have happened to Hong Kong's unemployment rate had there been no CEPA, we find that the CEPA effects gradually increases over time and eventually reached a constant level of reducing Hong Kong's unemployment rate by 9% a year.

Liberalization of Legal Services under the CEPA Framework between Mainland China and Hong Kong

Legal services are an important type of trade in services, and opening up the legal services market requires careful consideration. The Closer Economic Partnership Agreement (CEPA) between Mainland China and Hong Kong has taken the lead in setting the platform for opening up the legal services market. This regional free trade arrangement aims to provide preferential treatment to (and only to) the legal service industry and providers in the region. Because of the ever-developing economic relationship between the two parties, it is necessary to study the possibility of opening the market even further. This article examines the existing framework for liberalization of legal services under the CEPA framework and offers some suggestions on further liberalization of legal services between Mainland China and Hong Kong.

Hong Kong and the Pearl River Delta: The Emergence of a Super Zone

This paper discusses the rapid growth of the Pearl River Delta in the southern province of Guangdong in China, not only as part of a national development strategy but also in terms of the creation of a super zone with the neighbouring areas, particularly Hong Kong. This paper shows the success of the development of the coastal region of Guangdong province and the creation of a megalopolis between the cities of Shenzhen and Hong Kong. This success is explained by the synergy created between these two neighbouring areas, particularly after Hong Kong’s reunification with China in 1997 and the Closer Economic Partnership Agreement between Hong Kong and China in 2003.

Economic convergence in greater China: mainland China, Hong Kong, Macau and Taiwan

1. Introduction 2. Economic Profiles of China, Hong Kong, Macau and Taiwan 3. Economic Integration between China, Hong Kong, Macau and Taiwan 4. Parametric Analysis on the Economic Integration between China, Hong Kong and Macau 5. Income Convergence between China, Hong Kong and Macau 6. Total Factor Productivity Convergence between China, Hong Kong and Macau 7. Closer Economic Partnership Agreement (CEPA) between Mainland China, Hong Kong and Macau 8. Reduction of Income Dispersion 9. Conclusions, Policy Implications and Prospects of Greater China Economic Convergence. Bibliography

Closer Economic Partnership Agreement between China and Hong Kong

Closer Economic Partnership Agreement between China and Hong Kong

Closer Economic Partnership Agreement between China and Hong Kong

Closer Economic Partnership Agreement between China and Hong Kong