GF 323

CONFIDENTIAL

External trade

6

機密

13.

Except for 1987, Shenzhen's visible trade

account has been consistently in deficit :

(US$ Mn)

Exports

Imports

Balance

1983

120

604

-484

1984

266

808

-542

1985

563

743

-180

1986

726

1,121

-395

1987

1,414

1,144

+270

Average

annual growth

85

17

Not applicable

rate (%)

1983-87

(4 years)

14.

Sources: Almanac of China's Foreign Economic

Relations and Trade, various issues. Press reports.

Mr Yang of the Import and Export Department gave some figures on the value of industrial merchandise in

Shenzhen's external trade :

Value of industrial merchandise (US$ Mn)

As a proportion of Shenzhen's external trade

( % )

1983

77

10.6

1984

300

27.9

1985

560

42.9

1986

720

39.0

1987

1,420

55.5

1988 (forecast)

1,800

Not available

CONFIDENTIAL #

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