XN000022-1990-11-15 — Page 8

THURSDAY, NOVEMBER 15, 1990

STATISTICS ON TRADE WITH CHINA OF OUTWARD PROCESSING NATURE RELEASED

KONG'S IN THE SECOND QUARTER OF 1990, SOME 64 PER CENT OF HONG

ACCORDING TO IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING, STATISTICS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT (THURSDAY).

TODAY

ON THE OTHER

OF HAND, SOME 58 PER CENT

HONG KONG'S

EXPORTS ΤΟ

THE FIGURE WAS CHINA WAS FOR OUTWARD PROCESSING; CENT FOR DOMESTIC EXPORTS, AND 49 PER CENT FOR RE-EXPORTS TO CHINA.

TOTAL

80

PER

THE

PROPORTIONS IN THE SECOND QUARTER CORRESPONDING WERE 57 PER CENT FOR IMPORTS, 54 PER CENT FOR TOTAL EXPORTS, CENT FOR DOMESTIC EXPORTS AND 46 PER CENT FOR RE-EXPORTS.

OF 1989 76 PER

IN JANUARY JUNE 1990, SOME 61 PER CENT OF HONG KONG'S IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING.

ON THE OTHER

OF HAND, SOME 57 PER CENT

HONG KONG'S

EXPORTS

CHINA WAS FOR OUTWARD PROCESSING; THE FIGURE WAS CENT FOR DOMESTIC EXPORTS, AND 48 PER CENT FOR RE-EXPORTS TO CHINA.

TOTAL 79 PER

58

FOR

WERE JUNE 1989 THE CORRESPONDING PROPORTIONS IN JANUARY PER CENT FOR IMPORTS, 50 PER CENT FOR TOTAL EXPORTS, 74 PER CENT DOMESTIC EXPORTS AND 41 PER CENT FOR RE-EXPORTS.

OF

IMPORTANCE

THE CENSUS AND

TO PROVIDE A BETTER UNDERSTANDING OF THE NATURE AND OUTWARD PROCESSING IN CHINA BY HONG KONG FIRMS, STATISTICS DEPARTMENT HAS BEEN CONDUCTING A SAMPLE SURVEY AS FROM THIRD QUARTER OF 1988 TO DISTINGUISH HONG KONG'S EXPORTS TO

AND RE-EXPORTS BOTH

EXPORTS OUTWARD PROCESSING AND THOSE WHICH ARE NOT.

DOMESTIC

-

INTO

THOSE

WHICH

THE

CHINA ARE FOR

AS FROM THE THE SCOPE OF THE SURVEY HAS ALSO BEEN EXTENDED

KONG'S IMPORTS FROM FIRST

OF 1989 SO AS TO SEGREGATE HONG QUARTER

AND THOSE CHINA INTO THOSE WHICH ARE RELATED TO OUTWARD PROCESSING

ARE NOW WHICH ARE NOT. THE RESULTS FOR THE SECOND QUARTER OF 1990 AVAILABLE.

IN

PROCESSING,

QUARTER

LAST

IN VALUE TERMS, SOME $36,796 MILLION OF IMPORTS FROM CHINA

TO SECOND

OF

OUTWARD 1990 WERE QUARTER

RELATED AEPRESENTING AN INCREASE OF 33 PER CENT OVER THE SAMB

THE

YEAR.

IN

THE VALUE OF TOTAL EXPORTS TO CHINA FOR OUTWARD PROCESSING THE SECOND QUARTER OF 1990, AT $22,923 MILLION, WAS 11 PER CENT HIGHER THAN THAT IN THE SAME QUARTER A YEAR AGO.

ΤΟ CHINA FOR 9 PER

THE VALUE OF DOMESTIC EXPORTS AND RE-EXPORTS OUTWARD PROCESSING GREW BY 12 PER CENT TO $9,398 MILLION AND CENT TO $13,526 MILLION RESPECTIVELY.

IMPORTS FROM

OF

IN JANUARY - JUNE 1990, SOME $62,984 MILLION OF CHINA WERE RELATED TO OUTWARD PROCESSING, REPRESENTING AN INCREASE 23 PER CENT OVER THE SAME PERIOD LAST YEAR.

/THE VALUE