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The scope of the survey has been extended as from the first quarter of 1989 to segregate Hong Kong's imports from China into those which are related to outward processing and those which are not. Starting from the first quarter of 1991, the scope of the survey has further been extended to cover Hong Kong's re-exports of China origin to all countries other than China.
The results for the second quarter and the first half of 1995 are now available.
In value terms, $57,141 million of Hong Kong's total exports to China in the second quarter of 1995 were for outward processing, representing an increase of 25% over the second quarter of 1994.
The value of domestic exports to China for outward processing was estimated to be $11,489 million, about the same as the second quarter of 1994, while the value of re-exports to China for outward processing grew by 34% to $45,652 million. Over the same period of comparison, the value of imports from China related to outward processing increased by 13% to $96,781 million.
On the other hand, $117,872 million of Hong Kong's re-exports of China origin to all countries other than China were produced through outward processing in China, representing an increase of 18%.
In the first half of 1995, $104,435 million of Hong Kong's total exports to China were for outward processing, representing an increase of 30% over the first half of 1994.
The value of domestic exports to China for outward processing increased by 4% to $20,534 million while that for re-exports to China for outward processing grew by 38% to $83,901 million.
Over the same period of comparison, the value of imports from China related to outward processing increased by 17% to $184,515 million.
On the other hand, $223,379 million of Hong Kong's re-exports of China origin to all countries other than China were produced through outward processing in China, representing an increase of 22%.
For the purpose of the survey, exports to China for outward processing refer to raw materials or semi-manufactures 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.
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