}
157
Annex F
(translation)
Absorption of Capital Investment
by Mainland China from Hong Kong and Macao
From 1979 to the first half of this year, we have
altogether approved the setting up of 34,077 foreign-funded
enterprises, with the contracted value of foreign capital
amounting to US$49.9 billion.
Amongst these approved
undertakings, 25,534 investment projects are funded by Hong
Kong and Macao, with the contracted value of foreign
capital amounting to US$27.384 billion.
A total of 4,072 Hong Kong funded projects were
contracted value of foreign
approved in 1989, with the
capital amounting to US$3.16 billion; 4,751 projects were
approved in 1990, with contracted value of foreign capital
of US$3.83 billion; 3,290 projects were approved between
January and June 1991, with the contracted value of foreign
capital amounting to US$2.52 billion. From 1989 to the end
of June 1991, a total of 12,113 Hong Kong investment
projects were approved, with the contracted value of
foreign capital amounting to US$9.51 billion.
The following are
the characteristics of
investment from Hong Kong and Macao:
1. It ranks first in terms of the amount of foreign
investment
absorbed by us.
According to the statistics for
the period 1979 to the end of June this year, projects