Article 114

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The Hong Kong SAR shall practise the policy of

free trade, and shall safeguard the free movement of goods,

intangible assets and capital.

Article 115

territory.

The Hong Kong SAR shall be a separate customs

The Hong Kong SAR may, using the name "Hong Kong,

China", participate in relevant international organizations and international trade agreements, including preferential

trade

arrange ment s, such as the General Agree ment

Tariffs and Trade and arrangements regarding international

trade in textiles.

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Export quotas, tariff preferences and other

similar arrange ment s, which are obtained by the Hong Kong

SAR or which were obtained and remain valid, shall be

enjoy ed exclusively by the Region.

Article 116

The Hong Kong SAR may issue its own certificates

of origin for products in accordance with prevailing rules of origin.

Article 117

The Government of the Hong Kong SAR shall create the economic and legal conditions for encouraging various

kinds of investment, technological progress and the

development of new industries.

Article 118

The Government of the Hong Kong SAR shall

formu late appropriate policies to promote and co-ordinate the development of various trades such as the manufacturing

sector, commerce, tourism, real estate, transport,

utilities, services, agriculture and fishery.

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