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On the other hand, 80% of Hong Kong's imports from China were related to outward processing, according to statistics released today (Thursday) by the Census and Statistics Department.
Over the same period, 82% of Hong Kong's re- exports of China origin to all countries other than China were produced through outward processing in China.
The corresponding proportions in the third quarter of 1993 were 47% for total exports to China, 73% for domestic exports to China, 41% for re-exports to China, 73% for imports from China and 81% for re- exports of China origin to all countries other than China.
In January-September 1994, 47% of Hong Kong's total exports to China were for outward processing; the figure was 73% for domestic exports, and 43% for re-exports.
On the other hand, 78% of Hong Kong's imports from China were related to outward processing.
Over the same period, 81% of Hong Kong's re- exports of China origin to all countries other than China were produced through outward processing in China.
The corresponding proportions in January- September 1993 were 48% for total exports to China, 73% for domestic exports to China, 42% for re-exports to China, 73% for imports from China and 81% for re- exports of China origin to all countries other than China.
To provide a better understanding of the nature and importance of outward processing in China initiated by Hong Kong firms, the Census and Statistics Department has been conducting a sample survey as from the third quarter of 1988 to distinguish Hong Kong's exports to China into those which are for outward processing and those which are not.
The scope
of the survey has been extended from the first quarter of 1989 to segregate Hong Kong's imports from China into those that are related to outward processing and those that are not.