MONDAY, FEBRUARY 4, 1985
THE ONE-STOP UNIT, TOGETHER WITH THE INDUSTRY DEPARTMENT'S FOUR OVERSEAS INDUSTRIAL PROMOTION OFFICES IN TOKYO, LONDON, STUTTGART AND SAN FRANCISCO, WOULD FACILITATE THE POTENTIAL INVESTORS IN MAKING AN INVESTMENT DECISION.
ON HONG KONG'S ECONOMIC RELATIONS WITH CHINA WHICH HAD A TREMENDOUS IMPACT ON TRADE AND INDUSTRIAL DEVELOPMENT, MR WONG BELIEVED THAT THE PROSPECT OF A SUSTAINED INCREASE IN DOMESTIC EXPORTS FOR HONG KONG WAS BRIGHT AND ENHANCED BY THE OPENING UP OF CHINA.
+WE HAVE A LONG HISTORY OF DOING BUSINESS WITH CHINA
AND AS A RESULT OF OUR ACCUMULATED EXPERIENCE WE ARE PERFECTLY PLACED TO OFFER A UNIQUE SERVICE TO THOSE FROM ELSEWHERE WHO ARE SEEKING TO ESTABLISH CONTRACTS WITH CHINA FOR THE FIRST TIME,+
R WONG SAID.
PRICE, VOLUME CHANGES IN NOVEMBER EXTERNAL TRADE
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DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY FOUR PER CENT AND 27 PER CENT RESPECTIVELY IN VOLUME TERMS IN NOVEMBER 1984 COMPARED WITH NOVEMBER 1983, SO THAT TOTAL EXPORTS INCREASED BY 12 PER CENT, ACCORDING TO STATISTICS RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.
IMPORTS ALSO INCREASED BY 12 PER CENT IN VOLUME TERMS.
PRICES OF DOMESTIC EXPORTS AND RE-EXPORTS ROSE BY EIGHT PER CENT AND 10 PER CENT RESPECTIVELY IN NOVEMBER 1984 COMPARED WITH NOVEMBER 1993, SO THAT FOR TOTAL EXPORTS, PRICES WERE UP BY NINE PER CENT,
PRICES OF IMPORTS ROSE BY THREE PER CENT. AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO OF THE TOTAL EXPORT PRICE INDEX TO THE IMPORT PRICE INDEX) ROSE BY SIX PER CENT.
COMPARING THE FIRST ELEVEN MONTHS OF 1984 WITH THE SAME PERIOD IN 1983, DOMESTIC EXPORTS AND RE-EXPORTS GREW BY 19 PER CENT AND 30 PER CENT RESPECTIVELY IN VOLUME TERMS, WHILE IMPORTS GREW BY 15 PER CENT. OVER THE SAME PERIOD, THE PRICES OF DOMESTIC EXPORTS, RE-EXPORTS AND IMPORTS ROSE BY 13 PER CENT, 14 PER CENT AND 12 PER CENT RESPECTIVELY.
COMPARING THE TWELVE MONTHS ENDING NOVEMBER 1984 WITH THE (WELVE MONTHS ENDING NOVEMBER 1983, THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED BY 18 PER CENT AND 29 PER CENT RESPECTIVELY, GIVING A 22 PER CENT INCREASE IN THE VOLUME OF TOTAL EXPORTS. MEANWHILE, THE VOLUME OF IMPORTS ROSE BY 15 PER CENT. PRICES OF DOMESTIC EXPORTS, RE-EXPORTS AND IMPORTS ROSE, ON AVERAGE, BY 14 PER CENT, 15 PER CENT AND 13 PER CENT RESPECTIVELY,
/PRICES ARE