on the 13th, the state council held a regular policy briefing to introduce the opinions on further stabilizing foreign trade and foreign investment. when asked about the impact of us sanctions on hong kong on china's foreign trade, assistant secretary of commerce ren hongbin said that the status of hong kong as a separate customs territory could not be granted by the united states, but was stipulated by the wto and accepted and recognized by all members. with the signing and implementation of cepa agreement on trade in goods, the liberalization and facilitation of trade in goods between the mainland and hong kong have been further deepened, and hong kong will also play an important role in china's foreign trade. (chinanews.com)
source: tonghuashun financial research center