XN000022-1989-03-10 — Page 17

FRIDAY, MARCH 10, 1989

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"WE ARE ALL VERY PROUD OF THEIR ACHIEVEMENTS, SHE SAID.

LADY WILSON CONGRATULATED THE ENTHUSIASTIC VOLUNTEERS AND MEMBERS OF THE HONG KONG SPECIAL OLYMPICS FOR ORGANISING THE HONG KONG CONTINGENT THAT WILL ATTEND THE FOURTH INTERNATIONAL WINTER SPECIAL OLYMPIC GAMES.

THE GAMES WILL BE HELD AT RENO, NEVADA, FROM APRIL 1 TO 8.

THE HONG KONG CONTINGENT COMPRISES 12 ATHLETES

OFFICIALS.

EXTERNAL TRADE STATISTICS FOR JANUARY RELEASED

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AND SIX

TOTAL MERCHANDISE TRADE IN JANUARY 1989, AT $86,650 MILLION, GREW BY 27 PER CENT IN VALUE TERMS COMPARED WITH JANUARY 1988, ACCORDING ΤΟ THE DETAILED FIGURES ON THE VALUE OF TRADE IN JANUARY 1989 RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

DOMESTIC EXPORTS INCREASED BY 5 PER CENT TO $17,262 MILLION IN JANUARY 1989, WHILE RE-EXPORTS ROSE BY 43 PER CENT TO $26,254 MILLION, THUS BRINGING TOTAL EXPORTS IN JANUARY 1989 TO $43,515 MILLION, WHICH REPRESENTED AN INCREASE OF 25 PER CENT OVER JANUARY 1988.

OVER THE SAME PERIOD OF COMPARISON, IMPORTS INCREASED BY 30 PER CENT TO $43,134 MILLION.

COMPARING JANUARY 1989 WITH JANUARY 1988, SUBSTANTIAL GROWTH WAS RECORDED IN THE VALUE OF DOMESTIC EXPORTS TO SINGAPORE (+33 PER CENT), CHINA ( +29 PER CENT), JAPAN [+29 PER CENT), AUSTRALIA (+16 PER CENT) AND THE UNITED KINGDOM (+14 PER CENT).

HOWEVER, THE VALUE OF DOMESTIC EXPORTS TO THE USA AND THE FEDERAL REPUBLIC OF GERMANY DECREASED, BY 7 PER CENT AND 13 PER CENT RESPECTIVELY.

IMPORTS FROM ALL MAJOR SUPPLIERS INCREASED IN VALUE TERMS IN JANUARY 1989 OVER JANUARY 1988, PARTICULARLY THOSE FROM ITALY (+43 PER CENT), TAIWAN (+38 PER CENT), CHINA (+37 PER CENT), JAPAN (+28 PER CENT) AND SINGAPORE (+28 PER CENT). IMPORTS FROM THE USA INCREASED

BY 19 PER CENT.

RE-EXPORTS TO ITALY, THE FEDERAL REPUBLIC OF GERMANY, THE UNITED KINGDOM, AUSTRALIA AND CHINA INCREASED SUBSTANTIALLY IN VALUE TERMS OVER THE SAME PERIOD OF COMPARISON, BY 83 PER CENT, 71 PER CENT, 56 PER CENT, 55 PER CENT AND 55 PER CENT RESPECTIVELY.

THE VALUE OF RE-EXPORTS TO THE USA, JAPAN AND TAIWAN INCREASED + BY 31 PER CENT, 44 PER CENT AND 36 PER CENT RESPECTIVELY.

/CAUTION SHOULD