Hong Kong is an international trade centre:

raw-materials are

98% of Hong Kong's

while over 90% of its products are exported;

imported,

imported

95% of Hong Kong's commodities are either

processed with imported materials from more than 100

countries and regions;

or

Hong Kong's commercial services are mainly in the

field of external trade. In 1990, the volume of external

trade reached US$ 164.4 billion, ranking the 11th in

the world, which was 10.5 times bigger than that of its

domestic trade.

Hong Kong is an international financial centre:

their

By the end of 1990, 138 foreign banks had opened

branches in Hong Kong and this figure

fourth in the world and the first in Asia;

ranks the

The external assets and liabilities of Hong Kong's

banking sector reached respectively US$ 336.7 billion and

US$ 290.7 billion, ranking the sixth in the world and the

third in Asia;

The daily volume of transactions in Hong Kong's

gold market has reached one million ounces and the daily

volume of transactions in its foreign exchange market has

amounted to US$ 49.1 billion, ranking respectively

fourth and the sixth in the world, and the first and

third in Asia.

the

the

Hong Kong is an international shipping centre:

5

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