XN000022-1991-02-18 — Page 2

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1

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MONDAY, FEBRUARY 18, 1991

HK'S TRADE WITH CHINA OF OUTWARD PROCESSING NATURE FOR THIRD QUARTER 1990

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SOME 62% OF HONG KONG'S IMPORTS FROM CHINA WAS OUTWARD PROCESSING, IN THE THIRD QUARTER OF 1990

THE OTHER HAND, SOME 60% OF HONG KONG'S TOTAL ON CHINA WAS FOR OUTWARD PROCESSING; THE FIGURE WAS 78% EXPORTS, AND 53% FOR RE-EXPORTS TO CHINA.

RELATED

то

FOR

EXPORTS TO DOMESTIC

AND

THE CORRESPONDING PROPORTIONS IN THE THIRD QUARTER OF 1989 WERE FOR IMPORTS, 56% FOR TOTAL EXPORTS, 77% FOR DOMESTIC EXPORTS 46% FOR RE-EXPORTS.

58%

FROM JANUARY TO SEPTEMBER 1990, SOME 62% OF HONG KONG'S IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING.

+

ON

EXPORTS THE OTHER HAND, SOME 58% OF HONG KONG'S TOTAL CHINA WAS FOR OUTWARD PROCESSING; THE FIGURE WAS 79% FOR EXPORTS, AND 50% FOR RE-EXPORTS TO CHINA.

то

DOMESTIC

1989 EXPORTS

THE

SEPTEMBER CORRESPONDING PROPORTIONS FROM JANUARY TO WERE 58% FOR IMPORTS, 52% FOR TOTAL EXPORTS, 75% FOR DOMESTIC AND 43% FOR RE-EXPORTS.

OF

TO PROVIDE A BETTER UNDERSTANDING OF THE NATURE AND IMPORTANCE CENSUS AND OUTWARD

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

EXPORTS AND RE-EXPORTS INTO THOSE BOTH DOMESTIC OUTWARD PROCESSING AND THOSE WHICH ARE NOT.

—

CHINA ARE FOR

WHICH

OF 1989 SO AS TO SEGREGATE HONG KONG'S THOSE WHICH ARE RELATED TO OUTWARD PROCESSING AND

THE RESULTS FOR THE THIRD QUARTER OF 1990 NOT.

AS FROM THR IMPORTS

FROM

THOSE

ARE

NOW

THE SCOPE OF THE SURVEY HAS ALSO BEEN EXTENDED QUARTER INTO ARE

FIRST

CHINA' WHICH AVAILABLE.

IN

IN VALUE TERMS, SOMB $39, 198 MILLION OF IMPORTS FROM CHINA THE THIRD QUARTER OF 1990 WERE RELATED TO OUTWARD PROCESSING, REPRESENTING AN INCREASE OF 27% OVER THE SAME QUARTER IN 1989.

IN

THE VALUE OF TOTAL EXPORTS TO CHINA FOR OUTWARD PROCESSING

HIGHER THAN THE THIRD QUARTER OF 1990, AT $24,331 MILLION, WAS 19% THAT IN THE SAME QUARTER A YEAR AGO.

THE

OF VALUE

DOMESTIC EXPORTS AND RE-EXPORTS TO OUTWARD PROCESSING GREW BY 13% TO $9,714 MILLION AND 23% MILLION RESPECTIVELY.

JANUARY FROM

TO SEPTEMBER 1990, SOME

CHINA FOR ΤΟ $14,617

OF

MILLION $102, 181 IMPORTS FROM CHINA WERE RELATED TO OUTWARD PROCESSING, REPRESENTING AN INCREASE OF 25% OVER THE SAME PERIOD IN 1989.

/THE VALUE