TUESDAY, AUGUST 18, 1992
THE SCOPE OF THE SURVEY HAS ALSO BEEN EXTENDED FROM THE FIRST QUARTER OF 1989 SO AS TO SEGREGATE HONG KONG'S IMPORTS FROM CHINA INTO THOSE THAT ARE RELATED TO OUTWARD PROCESSING AND THOSE THAT ARE NOT.
THE RESULTS FOR THE FIRST QUARTER OF 1992 ARE NOW AVAILABLE.
IN VALUE TERMS, $51,681 MILLION OF HONG KONG'S IMPORTS FROM CHINA IN THE FIRST QUARTER OF 1992 WERE RELATED TO OUTWARD PROCESSING, REPRESENTING AN INCREASE OF 36 PER CENT OVER THE FIRST QUARTER OF
1991.
OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF HONG KONG'S TOTAL EXPORTS TO CHINA FOR OUTWARD PROCESSING INCREASED BY 23 PER CENT TO $26,492 MILLION.
THE VALUE OF DOMESTIC EXPORTS AND RE-EXPORTS то CHINA OUTWARD PROCESSING GREW BY 5 PER CENT TO $8,238 MILLION AND BY 34 CENT TO $18,255 MILLION RESPECTIVELY.
FOR
PER
THE
THE ESTIMATES FOR THE FIRST QUARTER OF 1992 AND CORRESPONDING CHANGES OVER THE FIRST QUARTER OF 1991 ARE SUMMARISED IN THE FOLLOWING TABLE:
ESTIMATED VALUE AND PROPORTION OF TRADE
INVOLVING OUTWARD PROCESSING IN CHINA, 1ST QUARTER 1992
TOTAL VALUE
OF TRADE WITH CHINA*
ESTIMATED VALUE
INVOLVING
OUTWARD
PROCESSING
IN CHINA
ESTIMATED
PROPORTION
INVOLVING
OUTWARD
PROCESSING
IN CHINA
1ST
% CHANGE
1ST
% CHANGE
1ST
15T
QTR
OVER 1ST
QTR
1992
QTR 1991
1992
OVER 1ST QTR 1991
QTR
QTR
1992
1991
(HK$ MN)
(%)
(HK$ MN)
(%)
(%)
(%)
IMPORTS FROM
71,798
+26.3
51,681
+35.7
72.0
67.0
CHINA
TOTAL EXPORTS
52,260
+35.3
26,492
+23.2
50.7
55.7
TO CHINA
DOMESTIC
11,417
+15.0
8,238
+4.5
72.2
79.4
EXPORTS
TO CHINA
RE-EXPORTS 40,843
+42.4
18,255
+34.0
44.7
47.5
TO CHINA
THE VALUE EXCLUDES COMMODITIES AND TRANSACTIONS NOT CLASSIFIED ACCORDING TO KIND.
/FOR THE