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taken by the provincial authorities has been to open their own trading organization, Guangdong Enterprises (or Yue Hai Company) on 5 January this year. It is estimated (by academics) that the revenue generated from all Chinese investments in Hong Kong (i.e. not including income from trade or remittances) was US$520 million in 1979. It is reasonable to assume that a significant proportion of these funds have since been allocated to Guangdong for its economic development.
Transport Links
5.
(a)
Rail Twice daily passenger through service to Guangzhou; although there is probably room for further expansion of services between Lowu and Guangzhou, this represents peak capacity until completion in about 1982 of electrification and double-tracking of the Hong Kong section. Further expansion of freight services is similarly limited until that time.
(b) Sea
(c)
(d)
S
Passenger ferry services operated by the Chinese to Guangzhou (daily) and Shantou (every 4 days) in Guangdong, Xiamen (every 4 days) in Fujian and Shanghai (twice a week). Also hoverferry service to Guangzhou (3 times a day) operated by a Hong Kong company. Sea freight (river and coastal trade) between Hong Kong and
At present, Guangdong is expanding rapidly. each month an. average of some 1,500 Chinese lighters (mostly from Guangdong) enter Hong Kong; a level which stretches the handling capacity of present wharf facilities in the harbour.
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Road All road traffic goes across the border bridge at Man Kam To. Currently at the rate of about 900 trucks and lorries a day. The projected through passenger coach service to Guangzhou, to start this spring, will also use this bridge.
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Air Three scheduled flights a day between Hong Kong and Guangzhou operated by CAAC.
Hong Kong - Guangdong Trade
6.
China trade statistics are not broken down province by province. However, Vice-Governor of Guangdong, Lių Tianfu, recently told a visitor from Hong Kong that
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/Guangdong's