CONFIDENTIAL

QUARTERLY DIGEST OF HONG KONG

ECONOMIC RELATIONS

Statistical variables

CHINA

THIRD QUARTER 1988

increase over

Unit

Magnitude-

Previous Same quarter

quarter

last year

1

DOMESTIC EXPORTS TO CHINA

by land

}

10.93

19.4

48.1

}

9.40

19.2

53.1

by sea

0.48

16.3

28.7

by air

0.07

6.7

9.2

others

0.98#

24.2

22.6

RE-EXPORTS TO CHINA

}

26.12

17.5

65.9

by land

17.00

15.6

61.8

by sea

3.88

23.5

74.6

by air

0.74

14.7

-2.3

others

TOTAL EXPORTS TO CHINA

by land

4.50#

20.3

99.0

}

}

37.05

18.0

60.2

) HKD

26.39

16.8

58.6

by sea

) Billion

4.36

22.7

68.0

by air

}

0.81

14.0

-1.4

others

5.48#

21.0

79.1

}

IMPORTS FROM CHINA

41.97

12.6

34.9

by land

}

29.79

17.1

39.6

by sea

}

6.35

2.9

19.8

by air

}

0.46

-2.2

23.8

others

5.38#

3.4

30.7

TRADE BALANCE WITH CHINA

IMPORTS OF CHINA ORIGIN

RE-EXPORTS OF CHINA ORIGIN

INDEX OF DOMESTIC EXPORTS TO CHINA

-4.93

N. A.

N.A.

40.80

12.0

33.7

36.76

21.6

57.0

Value index

}

1 495

19.4

48.1

Unit value index

) 1981

147

0.5

1.5*

Quantum index

) =100

1 015

18.8

45.9*

INDEX OF IMPORTS FROM CHINA

Value index

569

12.6

34.9

Unit value index

1 1981

124

0.1

1.0

Quantum

index

}

=100

459

12.5

33.6

N.A. = Not Applicable.

*

Including shipments on junks, parcels by post and hand-carried goods. Exports of electricity are included under others' for domestic exports and total exports, while imports of water under

others' for imports.

Percentage changes are based on revised indexes incorporating price data for domestic exports of toys and knitted outer garments.

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