THURSDAY, FEBRUARY 17, 1994
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IMPORTS FROM CHINA RELATED TO OUTWARD PROCESSING REFER TO THE IMPORTATION OF PROCESSED GOODS FROM CHINA OF WHICH ALL OR PART OF THEIR RAW MATERIALS OR SEMI-MANUFACTURES HAVE BEEN UNDER CONTRACTUAL ARRANGEMENT EXPORTED FROM OR THROUGH HONG KONG TO CHINA FOR PROCESSING.
RE-EXPORTS OF CHINA ORIGIN TO ALL COUNTRIES OTHER THAN CHINA PRODUCED THROUGH OUTWARD PROCESSING IN CHINA REFER TO THOSE RE-EXPORTS OF WHICH ALL OR PART OF THEIR RAW MATERIALS OR SEMI-MANUFACTURES HAVE BEEN EXPORTED FROM OR THROUGH HONG KONG TO CHINA FOR PROCESSING WITH A CONTRACTUAL ARRANGEMENT FOR SUBSEQUENT RE-IMPORTATION OF THE PROCESSED GOODS INTO HONG KONG.
IN INTERPRETING THE STATISTICS, THE SPOKESMAN SAID IT SHOULD BE NOTED THAT THE VALUE AND PROPORTION OF IMPORTS FROM CHINA AND RE- EXPORTS OF CHINA ORIGIN TO ALL COUNTRIES OTHER THAN CHINA INVOLVING OUTWARD PROCESSING IN CHINA REFER TO THOSE OF THE ENTIRE GOODS INSTEAD OF JUST THE VALUE ADDED CONTRIBUTED BY OUTWARD PROCESSING IN CHINA.
A SAMPLE OF TRADE DECLARATIONS IN RESPECT OF HONG KONG'S TRADE WITH CHINA (DOMESTIC EXPORTS AND RE-EXPORTS TO CHINA, AND IMPORTS FROM CHINA) AS WELL AS HONG KONG'S RE-EXPORTS OF CHINA ORIGIN ΤΟ ALL COUNTRIES OTHER THAN CHINA IS SELECTED FOR ENUMERATION TO OBTAIN THE REQUIRED INFORMATION FROM THE ESTABLISHMENTS CONCERNED.
THE SPOKESMAN EXPLAINED THAT UNDER THE INTERNATIONALLY ACCEPTED SYSTEM OF RECORDING TRADE FLOWS, ALL MOVEMENTS OF GOODS ACROSS THE BORDER, FOR WHATEVER PURPOSE, WERE RECORDED AS EXTERNAL TRADE.
THUS THE MOVEMENTS OF GOODS ASSOCIATED WITH OUTWARD ARE CORRECTLY INCLUDED IN THE REGULAR TRADE STATISTICS.
PROCESSING
THE FINDINGS OF THE SURVEY, HOWEVER, FACILITATE A MORE INFORMED ANALYSIS OF THE NATURE OF HONG KONG-CHINA TRADE.
IN THIS RESPECT, THE SURVEY RESULTS ARE A USEFUL SUPPLEMENT THE REGULAR TRADE STATISTICS.
ΤΟ
THE SURVEY RESULTS WILL BE INCLUDED IN THE DECEMBER 1993 ISSUE OF THE "HONG KONG EXTERNAL TRADE".
THE REPORT WILL BE ON SALE BY THE END OF THIS MONTH AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, GENERAL FOST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE PUBLICATIONS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, HANCHAI TOWER, 12 HARBOUR ROAD, WAN CHAI AT $68.5 A COPY.
DEPARTMENT
ENQUIRIES ON THE SURVEY RESULTS MAY BE DIRECTED TO THE TRADE SURVEYS AND RESEARCH SECTION OF THE CENSUS AND STATISTICS ON TEL 582 5037.
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