G.F. 326
CON
CONFIDENTIAL # &
18
25.
Hong Kong's imports from China also increased
substantially in the first quarter of 1987. The value of such imports, at HK$23,172 million (US$2,970 million),
was 52% higher than in the same quarter in 1986. This
increase was partly due to a rapid growth in re-exports
of China origin, reflecting the success of China's
efforts to promote its exports. In the first quarter of
1987, the value of such re-exports increased by 74% over
the same quarter in 1986. The increase in compensation trade and outward processing arrangements was another
factor behind the substantial increase in imports from
China.
Hong Kong's imports and re-exports from China
Re-exports of China
Imports
Growth
from China
rate #
origin
Growth rate #
(HK$Mn)
( 8 )
(HK$Mn)
( 8 )
1985 ΟΙ
12,094
-3
7,464
19
Q2
13,572
-6
8,281
17
Q3
15,090
LO
5
9,069
24
04
18,206
26
9,815
31
Annual
58,963
6
34,628
23
1986
Q1
15,241
26
9,489
27
Q2
19,650
45
11,778
42
Q3
21,774
44
14,143
56
Q4
24,968
37
16,188
65
Annual
81,633
38
51,597
49
1987
Q1
23,172
52
16,499
74
# in money terms
CONFIDENTIAL # *