Impact Of Mainland / Hong Kong Closer Economic Partnership Arrangement (CEPA) On The Trade Of Goods In Hong Kong

Prudent to the requirements of the Tsinghua Graduate School, this graduation report in fulfilling the graduation requirement of the International MBA program consists of four parts. The first part is a comprehensive report which has to be completed individually by the MBA Candidate under the guideline of a nominal graduation report director. The rest are group reports, which have been assessed previously by their corresponding course professors, are composed as a collection of reports. The first part is my comprehensive report of which the topic is "Impact of Mainland / Hong Kong Closer Economic Partnership Arrangement (CEPA) on the Trade of Goods in Hong Kong". The second part is on Managerial Economics Report of which the topic is "Analysis of Supply and Demand of Petroleum in China (1993-2002)". The third part is on Marketing Management of which the topic is "Analysis on Marketing Strategy of New Beijing Newspaper". Finally, the last part is my corporate finance report of which the topic is "Corporate Finance Analysis of 5 Listed Construction Companies".For the study of this comprehensive report, Closer Economic Partnership Arrangement (CEPA) is a pledge to give goods and services suppliers of Hong Kong origin a competitive edge through preferential access into China on terms better than its World Trade Organization (WTO) commitments. CEPA has brought considerable benefits to both business enterprises and the Hong Kong economy as a whole. As CEPA has only been implemented (more than a year) since January 2004, the scope of this report focuses on the economic impact of the CEPA in the trades in goods. To study the economic impact of CEPA, this comprehensive report provides a detailed analysis of CEPA's contents and their implications for the business sector of Hong Kong in trade in goods as follow:1. This is to introduce the concepts of CEPA and to discuss the result of this trade agreement to the economics of Hong Kong. The constraints in analyzing the impact of CEPA are revealed.2. Description of the content of the CEPA in the trade of goods and the procedures to file for a non-tariff application to the authorities.3. Provision of a quantitative analysis of CEPA.