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Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)
Real Estate Services Liberalization Measures under CEPA
| CEPA |
| Sectors or sub-sectors |
1. Business services |
|
D. Real estate services |
|
a. Real estate services involving own or leased property
(CPC821)
b. Real estate services on a fee or contract basis
(CPC822) |
| Specific commitments |
1. |
To allow Hong Kong service suppliers to provide, in the form of wholly-owned operations, high standard real estate project services in the Mainland.1 |
| 2. |
To allow Hong Kong service suppliers to provide, in the form of wholly-owned operations, real estate services on a fee or contract basis in the Mainland. |
1 High standard real estate projects refer to the real estate projects with construction costs per unit two times more than the average construction costs per unit in the same city.
| CEPA Supplement IV |
| Sectors or sub-sectors |
1. Business services |
|
D. Real estate services |
|
Residential or non-residential property management
services on a fee or contract basis (CPC 82201, 82202) |
| Specific commitments |
|
The property management portfolios (expressed in gross floor area) of the Hong Kong service suppliers in both Hong Kong and the Mainland are taken into account in assessing their application for property management company qualification in the Mainland. |
| CEPA Supplement VI |
| Sectors or sub-sectors |
1. Business services |
|
D. Real estate services |
|
a. Real estate services involving own or leased property
(CPC821)
b. Real estate services on a fee or contract basis
(CPC822) |
| Specific commitments |
|
To allow Hong Kong service suppliers to provide, in the form of wholly-owned operations, real estate project services in the Mainland. |
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