2
TUESDAY, AUGUST 20, 1991.
TOTAL VALUE OF TRADE WITH CHINA AND ESTIMATED VALUE AND PROPORTION OF TRADE OF OUTWARD PROCESSING NATURE, 1ST QUARTER OF 1991
TOTAL TRADE
TRADE TYPE
VALUE ✶
ESTIMATED VALUE OF OUTWARD PROCESSING
TRADE
ESTIMATED PROPORTION OF OUTWARD PROCESSING
TRADE
19T
* CHANGE
1ST
% CHANGE
19T
1ST
QTR
OVER 19T
QTR
OVER 19T
QTR
QTR
1991
QTR 1990
1991
QTR 1990
1991
1990
(HKD MN.)
(%)
(HKD MN. }
(%)
(%)
(%)
IMPORTS FROM
56,847
+24.5
38,071
+45.4
67.0
57.3
CHINA
TOTAL EXPORTS 38,617
+23.2
21,505
+22.4
55.7
56.1
TO CHINA
DOMESTIC
9,931
+10.4
7,881
+13.3
79.4
77.3
EXPORTS TO CHINA
RE-EXPORTS
28,685
+28. 4
13,624
+28.3
47.5
47.5
TO CHINA
THE VALUE EXCLUDES COMMODITIES AND TRANSACTIONS NOT CLASSIFIED ACCORDING TO KIND.
FOR THE PURPOSE OF THE SURVEY, EXPORTS TO CHINA FOR OUTWARD PROCESSING REFER TO THE EXPORTING OF RAW MATERIALS OR SEMI- MANUFACTURES FROM OR THROUGH HONG KONG TO CHINA FOR PROCESSING, WITH THE RESULTING PROCESSED GOODS BEING SUBSEQUENTLY RE-IMPORTED INTO HONG KONG.
IMPORTS FROM CHINA RELATED TO OUTWARD PROCESSING REFER TO THE IMPORTING OF GOODS FROM CHINA OF WHICH ALL OR PART OF THEIR RAW MATERIALS OR SEMI-MANUFACTURES ARE UNDER CONTRACTUAL ARRANGEMENT EXPORTED FROM OR THROUGH HONG KONG TO CHINA FOR PROCESSING.
A SAMPLE OF TRADE DECLARATIONS IN RESPECT OF HONG KONG'S TRADE WITH CHINA (IMPORTS FROM CHINA, DOMESTIC EXPORTS AND RE-EXPORTS TO CHINA) ARE SELECTED FOR ENUMERATION TO OBTAIN THE REQUIRED INFORMATION FROM ESTABLISHMENTS.
A SPOKESMAN FOR THE CENSUS AND STATISTICS DEPARTMENT EXPLAINED THAT UNDER THE INTERNATIONALLY ACCEPTED SYSTEM OF RECORDING TRADE FLOWS, ALL MOVEMENTS OF GOODS ACROSS THE BORDER, FOR WHATEVER PURPOSE, ARE RECORDED AS EXTERNAL TRADE.
/THUS THE