Han Zheng promotes his first visit to Hong Kong with vows of co-operation Shanghai Mayor Han Zheng will announce specific steps to improve economic co-operation with Hong Kong during a forthcoming visit to the city, a Shanghai government spokeswoman said yesterday. Mr Han would visit Hong Kong for three days starting on Sunday, his first official trip to the city since assuming his post in February, spokeswoman Jiao Yang said. Ms Jiao said Mr Han's visit would yield a concrete document that would build on the framework of the Closer Economic Partnership Arrangement (Cepa) between Hong Kong and the mainland, which takes effect next year. 'At this meeting, Shanghai and Hong Kong will concretely discuss steps to strengthen economic and trade co-operation,' she said, but declined to give further details. Mainland academics said likely areas of future co-operation included greater market access for Hong Kong companies involved in services and finance. Mr Han will meet Chief Executive Tung Chee-hwa and business leaders to discuss ways to implement Cepa requirements. The Hong Kong government said Mr Han and his delegation would meet representatives of the business sector and 'look at various aspects of Hong Kong's economic development'. Lu Demin, head of the school of economics at Fudan University in Shanghai, said: 'There is great room for co-operation in the finance, property and accountancy industries. Hong Kong can help Shanghai become an international finance centre.' The Cepa, signed in June, offers a better deal to Hong Kong companies in some areas than the terms pledged by the mainland to gain entry to the World Trade Organisation. But some academics played down expectations of major breakthroughs during the mayor's trip, saying it would simply lay the groundwork for future co-operation. Wang Lingyi, a researcher at the Shanghai Academy of Social Sciences, said further discussion was needed among central government bodies before Shanghai could announce concrete policies for co-operation. Local officials in other parts of the mainland have also expressed opposition to Shanghai offering more favourable policies to Hong Kong companies than to those in other cities, putting them at a competitive disadvantage. Hong Kong investors had poured a cumulative US$12 billion into Shanghai by the end of last year. The government spokeswoman sought to play down worries over Shanghai posing a competitive threat to Hong Kong ahead of the mayor's trip, saying the central government wanted both to prosper. Shanghai has made no secret of its plan to become an international financial, trade and shipping centre - which could pose a threat to Hong Kong.