G.F. 326
Tourism
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30.
In the first quarter of 1987, about 3.3 million trips were made by Hong Kong residents to China,
representing an increase of 11% over the same quarter in
1986. In addition, 153,048 trips were made by foreign
visitors to China through Hong Kong, representing an
increase of 29% over a year ago. The number of direct
trips made by Chinese residents to Hong Kong (i.e.
excluding trips made by Chinese residents to Hong Kong
from places other than China) rose by 8% over the same
period to 61,434. Of these, 27% were in the form of group tours, 30% were made by two-way permit holders, and the rest were made by PRC passport holders coming to Hong Kong
as visitors (including transit visitors).
31.
Probably due to seasonal factors, the number of
PRC official delegations to Hong Kong fell to 1668
(comprising 6786 people) in the first quarter of 1987,
from 2040 (comprising 7320 people) in the fourth quarter
of 1986. More than half of these official delegations in
the first quarter of this year involved delegations of
business or commercial nature. At the end of March 1987,
there were 5,301 PRC officials working in Hong Kong,
compared with 5,045 at the end of December 1986.
Financial links between Hong Kong and China
32.
In terms of financial transactions, claims on
China's banks by Hong Kong's financial institutions (banks and deposit-taking companies) recorded an increase of 13.8% during the first quarter of 1987 to HK$34.8 billion
(US$4.5 billion). Liabilities of Hong Kong's financial
institutions to China's banks increased more rapidly, by
27% to HK$34.5 billion (or US$4.4 billion). Insofar as
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