CONFIDENTIAL #3
21
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32.
Hong Kong's imports from China have been
increasing rapidly since the fourth quarter of 1985. In the fourth quarter of 1986, the value of such imports, at
HK$24,968 million, was 37% higher than in the same quarter
in 1985. For 1986 as a whole, the rate of increase was
38%. Part of this increase was due to a rapid growth in
re-exports of China origin, reflecting the success of China's efforts to promote its exports. In the fourth
quarter of 1986, the value of such re-exports increased by 65% over the same quarter in 1985. The increase in compensation trade and outward processing arrangements is another factor behind the substantial increase in imports
from China.
Hong Kong's imports and re-exports from China
Imports from China
Growth rate #
(HK$Mn)
(8)
Re-exports of China origin* (HK$Mn)
Growth
rate #
(૪)
1985
01
12,094
-3
7,464
19
Q2
13,572
-6
8,281
17
Q3
15,090
5
9,069
24
Q4
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
#
in money terms
*
re-exports of China origin are a part
of Hong Kong's total imports from China
CONFIDENTIAL 2