XN000022-1991-04-24 — Page 32

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WEDNESDAY, APRIL 24, 1991

MARCH

LAST MONTH

1991

HK$ MN.

FEBRUARY 1991 HK$ MN.

INCREASE

HK$ MN.

DOMESTIC EXPORTS

14,980

14,346

634

4.4

1% OF TOTAL EXPORTS}

(30.7%)

(31.3%)

RE-EXPORTS

33,865

31,461

2,404

7.6

TOTAL EXPORTS

48,845

45,807

3.038

6.6

IMPORTS

57,006

45,009

11.997

26.7

TRADE BALANCE

-8,161

798

-8,959

APR 90 TO

APR 89 TO

INCREASE

LAST 12 MONTHS

MAR 91 HK$ MN.

MAR 90 HK$ MN.

HK$ MN.

DOMESTIC EXPORTS

227,918

222,637

5,281

2.4

RE-EXPORTS

435, 197

354,433

80,764

22.8

TOTAL EXPORTS

663,115

577,070

86,045

14.9

IMPORTS

672,524

565,431

107,093

18.9

TRADE BALANCE

-9,109

11,639

-21,048

INCREASING JAPANESE ACTIVITIES DEMONSTRATE HK'S ADVANTAGES

* * *

THE INCREASING PRESENCE

IN HONG KONG

ABSENCE FORCEFUL TESTIMONY OF THE

THE

OF ADVANTAGES

ACTIVITIES OF JAPANESE BUSINESS

OR INCENTIVES SUBSIDIES DIRECT

WHICH HONG KONG OFFERS,

IN

IS

THE

DEPUTY DIRECTOR OF INDUSTRY, MR WILFRED WONG, SAID YESTERDAY (TUESDAY, NEW YORK TIME).

SPEAKING AT A SEMINAR ON "JAPANESE BUSINESS ACTIVITIES IN

NATIONAL COMMITTEE KONG AND TAIWAN" ORGANISED BY THE RELATIONS IN NEW YORK, MR WONG URGED THE AMERICANS

INVESTMENT OPPORTUNITIES SERIOUSLY THE ABUNDANT

KONG.

"THE HONG

KONG

HONG

ON U.S.-CHINA ALSO TO CONSIDER IN HONG AVAILABLE

IS GOVERNMENT

ΤΟ MAINTAINING DEDICATED ABLE TO FUNCTION EFFICIENTLY

AN

ENVIRONMENT IN WHICH BUSINESS WILL BE AND PROSPER, HE SAID.

++

MR WONG SAID HONG KONG WAS ONE OF THE MOST FAVOURED PLACES JAPANESE INVESTORS SINCE THE BAL

*705.

PLEASED

MINISTRY BY THE JAPAN ΤΟ "ACCORDING

FIGURES FINANCE, THE COUNTRY'S TOTAL INVESTMENT IN HONG KONG AMOUNTED TO US$9 BILLION BY THE FIRST HALF OF FISCAL YEAR 1990, REPRESENTING 3.5 PER CENT OF TOTAL JAPANESE DIRECT OVERSEAS INVESTMENT.

ΤΟ CONTINUED

BE JAPAN'S

FOR

OF

OVER OVER

SECOND

MOST IMPORTANT

"HONG KONG INVESTMENT DESTINATION IN ASIA, AFTER INDONESIA.

/"COMPARED WITH