Because of its historical circumstances, the Greater Bay Area includes three different legal jurisdictions. Guangdong Province (specifically, the nine cities included in the GBA), the Hong Kong SAR and the Macau SAR have each developed an idiosyncratic body of doctrines, principles, institutions, rules, and practices that characterize and frame the ways in which businesses and commerce are conducted. The harmonization, within the constitutional framework of ‘one country, two systems’, of laws governing businesses and commercial transactions in the GBA promises to offer the economic attractions of lowering transaction actions and facilitating market integration. This talk will provide an overview of the initiatives that can be characterized as steps towards business and commercial law harmonization. It will also discuss possible future options for harmonization of business and commercial laws in the GBA.

The talk is supported by a Research Impact Fund grant from the Research Grants Council of the Hong Kong Special Administrative Region, China (Project No. R4009-23).

About the Speaker: Prof. Chao Xi, Professor, CUHK LAW

The Law Society of Hong Kong has awarded this seminar 1 Continuing Professional Development (CPD) point.