Sino-British Land Commission
The 30th meeting of the Sino-British Land Commission was held on May 19. The two sides agreed that the Land Disposal Programme for the 1995-96 financial year should amount to 132.93 hectares. The programme comprises 45.11 hectares for commercial, residential and industrial development, 40.00 hectares for Home Ownership Scheme, Sandwich Class Housing Scheme, Private Sector Participation Scheme, Hong Kong Housing Society development and Village Housing; 16.23 hectares for public utilities, educational, welfare, religious, recreational and other uses; and 31.59 hectares as special requirements.
The two sides also agreed to set aside 5 hectares of land in a Supplementary Land Disposal Programme.
End/Friday, May 19, 1995
Statistics on trade involving outward processing in China
In the fourth quarter of 1994, 48% of Hong Kong's total exports to China were for outward processing; the figure was 68% for domestic exports, and 45% for re- exports. On the other hand, 71% of Hong Kong's imports from China were related to outward processing, according to statistics released today by the Census and Statistics Department.
Over the same period, 83% 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 fourth quarter of 1993 were 49% for total exports to China, 77% for domestic exports to China, 43% for re-exports to China, 76% for imports from China and 80% for re-exports of China origin to all countries other than China.
In 1994, 48% of Hong Kong's total exports to China were for outward processing; the figure was 71% for domestic exports, and 43% for re-exports. On the other hand, 76% of Hong Kong's imports from China were related to outward processing. 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.