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Statistics on trade involving outward processing in China
In the second quarter of 1995, 49% of Hong Kong's total exports to China were for outward processing; the figure was 70% for domestic exports, and 46% for re- exports.
On the other hand, 73% of Hong Kong's imports from China were related to outward processing, according to statistics released today (Friday) 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 second quarter of 1994 were 47% for total exports to China, 74% for domestic exports to China, 42% for re-exports to China, 75% for imports from China and 81% for re-exports of China origin to all countries other than China.
In the first half of 1995, 49% of Hong Kong's total exports to China were for outward processing; the figure was 69% for domestic exports, and 46% for re-exports. On the other hand, 74% of Hong Kong's imports from China were related to outward processing.
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 first half of 1994 were 45% for total exports to China, 72% for domestic exports to China, 40% for re-exports to China, 76% 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.