G.F. 326
Table 3 :
10
NTIAL IMXX 1
Remittances and other unrequited transfers by Hong Kong residents to China (*)
HK$Mn
US$Mn
1971
656
109
1972
776
138
1973
1,019
198
1974
1,164
229
1975
1,217
246
1976
1,559
318
1977
1,788
384
1978
2,087
445
1979
2,684
537
1980
3,389
681
1981
4,121
737
1982
4,719
777
Note : (*)
Remittances and other unrequited transfers by Hong Kong residents to China were assumed to be equivalent to 3% of Hong Kong's GDP throughout the 1970s and the early 1980s.
12.
(d) Investment earnings
Again only very fragmentary data are
available. Dr Jao has tried to divide China's
investments in Hong Kong into those in the financial
sector and others. As the financial statements of
financial institutions are much more readily
available than those of non-financial establishments,
the net worth and profits of the former can be estimated with greater confidence than those of the
latter.
13.
According to Dr Jao's estimates, the net
worth of China's financial institutions at the end of
1980 was probably in the region of HK$7,743 million (US$1,556 million) and the net worth of China's
non-financial establishments was about HK$1,990
CONFIDENTIAL #2
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