In a forum in Hong Kong last August to highlight the 12th Five-Year Programme’s implications, Vice Premier Li Keqiang announced new measures applying to Hong Kong, under which services trades between the Mainland and the SAR will be liberalised to a far greater extent.

Hong Kong’s competitiveness as an offshore Renminbi (Rmb) centre is thus set to increase, adding a significant boost to the SAR’s role as an international platform for the Mainland and a central business district (CBD) for Asia.

Li Keqiang's initiatives for Hong Kong on service trades, enhancing Rmb business and accentuating the SAR's role in free trade agreements will make Hong Kong more competitive, says HKTDC Deputy Chief Economist Pansy Yau.

Need more in-depth analysis on Li Keqiang's visit to Hong Kong?  HKTDC economists share thier views here.