Author(s)

Chen Yan

School of Economics, Jinan University, Guangzhou, China.

Development of service industry and service trade plays an important role in the transition of economic structure of our country. Based on the CEPA, this paper uses service trade data of Hong Kong and its five principal trade partners with 48 sub-industries between the year of 1998 and 2013 to carry out descriptive statistical research and difference-in-difference empirical analysis about the service trade export from Hong Kong to Mainland China after implementing CEPA. Research results show: firstly, CEPA greatly promotes the level of service trade between Mainland China and Hong Kong and the amount of service trade exports from Hong Kong to Mainland China averagely increases by 10.7 - 10.8 billion Hong Kong dollars; secondly, the service trade from Hong Kong to Mainland China presents structural imbalance, and traditional service industries like tourism and transportation have prominent promotion while modern service industries like finance and commerce have little promotion. Aiming at these conclusions mentioned above, this paper puts forward some suggestions in the aspect of magnifying the effect of CEPA, adjusting service trade structure and further putting the policies of CEPA into practice.

CEPA, Service Trade, Difference-in-Difference

Yan, C. (2016) Research about the Influence of CEPA on the Service Trade in Mainland China and Hong Kong. Journal of Service Science and Management, 9, 36-44. doi: 10.4236/jssm.2016.91005.