- 6 -

The estimates for the first quarter of 1996 and the corresponding changes over the same period in 1995 are summarized in the following table :-

ESTIMATED VALUE AND PROPORTION OF TRADE INVOLVING OUTWARD PROCESSING IN CHINA, 1ST QUARTER OF 1996.

1st

gcr.

1996

(HKD Mn.)

Percentage change over 1st atr. 1995 (%)

Total trade value *

Total exports to China

105,274

Domestic exports to China Re-exports to China

12,622

92,652

+ 8.0 4.7 +10.0

Imports from China

119,743

+ 4.3

Re-exports of China origin

135,772

+ 7.4

to all countries other

than China

Estimated value involving outward processing in China :

Total exports to China

Domestic exports to China

Re-exports to China

Imports from China

Re-exports of China origin

to all countries other

than China

45,483

8,915

36,568

98,117

116,587

3.8

1.4

-

4.4

+11.8

+10.5

Estimated proportion involving outward processing in China :

ist

1st

qtr.

+996

(%)

qtr. 1995

(*)

Total exports to China

43.2

48.

5

Domestic exports to China

70.6

68.3

Re-exports to China

39.5

45.4

Imports from China

81.9

76.5

Re-exports of China origin

85.9

83.4

to all countries other

than China

*

End

The value excludes commodities and transaccions not classified according to kind.

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