THURSDAY, FEBRUARY 20, 1992
HK'S TRADE WITH CHINA OF OUTWARD PROCESSING NATURE, 3RD QUARTER 1991
IN THE
KONG'S OF HONG THIRD QUARTER OF LAST YEAR, SOME 68% IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING, ACCORDING TO STATISTICS RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
EXPORTS TO 77% FOR DOMESTIC
ON THE OTHER HAND, SOME 57% OF HONG KONG'S TOTAL WAS CHINA
FOR OUTWARD PROCESSING; THE FIGURE WAS EXPORTS, AND 49% FOR RE-EXPORTS TO CHINA.
THE CORRESPONDING PROPORTIONS IN THE THIRD QUARTER OF 1990 WERE AND FOR IMPORTS, 60% FOR TOTAL EXPORTS, 78% FOR DOMESTIC EXPORTS 53% FOR RE-EXPORTS,
62%
IN JANUARY-SEPTEMBER 1991, SOME 66% OF HONG KONG'S IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING.
EXPORTS TO FOR DOMESTIC 77% FOR
ON THE OTHER HAND, SOME 57% OF HONG KONG'S TOTAL WAS CHINA
FOR OUTWARD PROCESSING; THE FIGURE WAS EXPORTS, AND 49% FOR RE-EXPORTS TO CHINA.
1990 CORRESPONDING PROPORTIONS IN JANUARY-SEPTEMBER THE FOR IMPORTS, 58% FOR TOTAL EXPORTS, 79% FOR DOMESTIC EXPORTS 50% FOR RE-EXPORTS.
62%
WERE AND
TO PROVIDE A BETTER UNDERSTANDING OF THE NATURE AND IMPORTANCE THE CENSUS AND OF OUTWARD PROCESSING IN CHINA BY HONG KONG FIRMS, STATISTICS DEPARTMENT HAS BEEN CONDUCTING A SAMPLE SURVEY AS FROM THIRD QUARTER OF 1988 TO DISTINGUISH HONG KONG'S EXPORTS TO CHINA
EXPORTS AND RE-EXPORTS INTO DOMESTIC BOTH
WHICH THOSE OUTWARD PROCESSING AND THOSE WHICH ARE NOT,
THE
ARE FOR
THE
SCOPE
AB OF THE SURVEY HAS ALSO BEEN EXTENDED FIRST QUARTER OF 1989 SO AS TO Segregate HONG KONG'S IMPORTS FROM
INTO
AND CHINA
THOSE WHICH ARE RELATED TO OUTWARD PROCESSING WHICH ARE NOT.
FROM THE
THOSE
IN
THE RESULTS FOR THE THIRD QUARTER OF 1991 ARE NOW AVAILABLE.
IN VALUE TERMS, SOME $54,070 MILLION OF IMPORTS FROM CHINA THIRD QUARTER OF 1991 WERE RELATED TO OUTWARD PROCESSING, REPRESENTING AN INCREASE OF 38% OVER THE THIRD QUARTER OF 1990.
THE
OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF TOTAL EXPORTS TO CHINA FOR OUTWARD PROCESSING INCREASED BY 28% TO $31,181 MILLION.
VALUE THE
OF DOMESTIC EXPORTS AND RE-EXPORTS TO CHINA FOR OUTWARD PROCESSING GREW BY 13% TO $10,930 MILLION AND 39% TO $20,251 MILLION RESPECTIVELY.
IN JANUARY-SEPTEMBER
IMPORTS REPRESENTING AN
OF 1991, SOME $137,201 MILLION FROM CHINA WERE RELATED ΤΟ OUTWARD PROCESSING, INCREASE OF 34% OVER THE SAME PERIOD IN 1990.
/OVER THE