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Guangdong, HK agree to further cooperation
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Guangdong and Hong Kong Cooperation Joint Conference held its 11th session in Guangzhou, provincial capital of Guangdong, on Tuesday.

Participants to the meeting decided on key areas for further cooperation and agreed to work harder in advancing cooperation in six fields such as service trade, business transfer of Hong Kong invested processing trade companies, livelihood, construction of major infrastructure, finance.

After the meeting, the two sides inked 11 cooperation deals, including cooperation agreement regarding an expedited implementation of the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) and the Supplement V to CEPA.

Supplement V to CEPA was signed by the Chinese central government and the government of the Hong Kong Special Administrative Region (HKSAR) on July 29 this year. It will allow Hong Kong enterprises greater and easier access to the mainland market.

(Xinhua News Agency August 6, 2008)

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