On the 24th, it was learned from the Ministry of Finance that since July 1, 2011, the Mainland of China has been discussing the "Mainland and Hong Kong Closer Economic Partnership Arrangement" and the "Mainland and Macao Closer Economic Partnership Arrangement" (CEPA). Some of the products originating in Hong Kong and Macau in China are subject to zero tariffs.

The Mainland and Hong Kong Closer Economic Partnership Arrangement and the Mainland and Macau Closer Economic Partnership Arrangement were signed in June and October 2003 respectively. Afterwards, the relevant supplementary agreements were signed. The overall goal is Gradually reduce or eliminate tariff and non-tariff barriers in virtually all goods trade between the Mainland of China and Hong Kong and Macau; gradually liberalize service trade, reduce or eliminate virtually all discriminatory measures; and facilitate trade and investment facilitation.

According to reports, these involved commodities include 10 Hong Kong origin products and 1 Macao origin product newly negotiated on the origin criteria.

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