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Calgary Companies Urged to Leverage CEPA Benefits 

The Director of the Hong Kong Economic and Trade Office (Canada) urged Canadian companies to leverage Hong Kong’s solid advantages, especially its business expertise, financial infrastructure and business network with China, to gain faster and better access to the immense Mainland market. 

Speaking at the opening of the “Hong Kong-Calgary: Smart Link to Prosperity” promotion held in Calgary, Mr So encouraged interested Calgary companies to take advantage of the benefits Hong Kong enjoys under the Closer Economic Partnership Arrangement (CEPA), a free-trade agreement between Hong Kong and China. 

“Under CEPA, Canadian companies and other overseas companies will benefit by setting up their business in Hong Kong, partnering with a Hong Kong company, or even acquiring a company in Hong Kong,” he said.

Mr. So added that CEPA’s provision of zero important tariff preference might also attract overseas brand name products and manufacturing processes with high-value added contents and substantial intellectual input to Hong Kong.

The Hong Kong promotion included the exhibit, “Hong Kong – Your Gateway to China”, and a Chinese Spring Lantern Festival. 

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