Page 87 - HK-Connect-2020-21-EN-Nov2020-edition (4)

2003
2003

Signing of the Closer Economic Partnership Arrangement
(CEPA) marked the first free trade accord between Mainland
China and Hong Kong, opening up a huge market for Hong
Kong goods and services.

Launch of the Individual
Visit Scheme, a
liberalisation measure
under CEPA, enabled
residents of certain
Mainland cities to visit
Hong Kong in an individual
capacity, providing a boon
for the local tourism and
retail sectors.

Hong Kong successfully
overcame the SARS
outbreak with the
concerted effort of
the community and
the implementation of
comprehensive public
health measures.

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