The Macao Economic Services Bureau on Friday issued the first
two service provider certificates in 2005 to an exhibition service
company and a law firm, which will use CEPA's preferential policies
to invest in China's mainland.
Rui Cunha, a renowned lawyer and founder and partner of the C
and C Advogados, went to the bureau to pick up the certificate in
person on Friday.
He told Xinhua that the Mainland/Macao Closer Economic
Partnership Arrangement (CEPA) has created a huge space for Macao's
law firms to offer their expertise in facilitating China's trade
with Portuguese-speaking countries.
His law firm signed a series of partnership agreements with
companies from Portugal, Brazil and China's mainland in November
last year, which has become Macao's first case of bridging
cooperation between China's mainland and Portuguese-speaking
countries in the legal service sector by making use of its
preferential trade status with the mainland.
Lo Tak Wah, general manager of a local exhibition company, said
that she planed to make use of the CEPA policy to found a
solely-fund firm in Beijing, which would offer its expertise in
undertaking medium and small-scaled international conferences in
the metropolitan.
Since the implementation of the Mainland/Macao CEPA in January 1
last year, the bureau has accepted 57 service provider certificates
and 129 applications to enjoy CEPA's zero tariff terms.
(Xinhua News Agency January 22, 2005)