Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)

CEPA Legal Text

CEPA Main Text and Six Annexes (signed on 29 June 2003 and 29 September 2003 respectively)

Supplement to CEPA (signed on 27 October 2004) (CEPA II)

Supplement II to CEPA (signed on 18 October 2005) (CEPA III)

Supplement V to CEPA (signed on 29 July 2008)

Supplement VI to CEPA (signed on 9 May 2009) (NEW)

Note:

With effect from 18.1.2006, the average level of operating funds required of individual Mainland branches of Hong Kong incorporated banks for offering reminbi and foreign currency businesses to local customers has been revised from RMB 500 million to RMB 400 million with effect from 18.1.2006.  The minimum level of operating fund of RMB 300 million required of an individual branch, however, remains unchanged.