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Consolidating Strengths, Promoting Development

Furthering Economic Integration with the Mainland

20.        We need to strengthen our advantage in having the Mainland as our hinterland, coupled with our own international outlook, so as to develop further Hong Kong's economic competitiveness on the global stage.  The rapid economic development and the optimisation of industrial structure in the Mainland have presented opportunities as well as challenges.  We should grasp the opportunities and, with our creativity and versatile spirit, capitalise on our unique advantages under "One Country, Two Systems" so as to contribute to the sustained development of the Mainland's economy.  The signing and implementation of the Closer Economic Partnership Arrangement (CEPA) with the Mainland is the clearest manifestation of this mutually-beneficial economic partnership.  We will continue to work closely with the Mainland authorities to ensure the effective implementation of CEPA and discuss further liberalisation measures with them in order to create more opportunities for our enterprises to access markets in the Mainland.

21.        The four Focus Groups of the Economic Summit on "China's 11th Five-Year Plan and the Development of Hong Kong" have made specific recommendations as to how we can enhance our competitiveness in areas where we are strong and facilitate the development of our nation.  The Government is studying these recommendations in detail and pushing ahead with those that can be implemented during the first half of this year.

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2006 | Important notices

Last revision date : 28 February, 2007