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Hong Kong Approved To Open Wholly Owned Travel Agencies In Mainland China

Aggregated Source: China Hospitality News
July 31, 2008|

According to the Supplement V of the Closer Economic Partnership Arrangement signed in Hong Kong in July 29, 2008, Hong Kong travel agencies are allowed to set up their wholly owned travel agencies in Chinese mainland. This supplementary agreement will be formally implemented on January 1, 2009. CEPA Supplement V covers hotels (including apartments), restaurants, travel [...]

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