XN000022-1991-11-18 — Page 6

5

MONDAY, NOVEMBER 18, 1991

* CHANGES WITHIN +/- 0.5%

# PER CAPITA EARNINGS COVER COMPANY EMPLOYEES ONLY; SITE WORKERS

EMPLOYED BY LABOUR-ONLY SUB-CONTRACTORS ARE NOT INCLUDED.

NOTE TO TABLES 1 3:

-

FIGURES

WHICH ARE THE TOTAL

IS NOT

A

PANEL

UNLIKE "ORDERS-ON-HAND" AND "PER CAPITA EARNINGS", SURVEYED, AVERAGE

THE COMPANIES AMONGST NUMBER OF PERSONS ENGAGED BY THE COMPANIES SURVEYED MEANINGFUL

ON ITS OWN (BECAUSE THIS IS INFORMATION SURVEY) AND IS THEREFORE NOT SHOWN.

HK'S TRADE WITH CHINA OF OUTWARD PROCESSING NATURE

WAS RELATED ΤΟ ACCORDING TO

SOME 63% OF HONG KONG'S IMPORTS FROM CHINA OUTWARD PROCESSING IN THE SECOND QUARTER OF THIS YEAR, THE STATISTICS ON HONG KONG'S TRADE WITH CHINA OF OUTWARD PROCESSING NATURE FOR THE SECOND QUARTER PUBLISHED BY THE CENSUS AND DEPARTMENT TODAY (MONDAY).

STATISTICS

EXPORTS ΤΟ ON THE OTHER HAND, SOME 57% OF HONG KONG'S TOTAL

76% FOR DOMESTIC EXPORTS, AND 51% CHINA WAS FOR OUTWARD PROCESSING FOR RE-EXPORTS TO CHINA.

THE CORRESPONDING PROPORTIONS IN THE SECOND QUARTER WERE 64% FOR IMPORTS, 58% FOR TOTAL EXPORTS, 80% FOR DOMESTIC AND 49% FOR RE-EXPORTS.

OF 1990 EXPORTS

IN THE FIRST HALF OF 1991, SOME 65% OF HONG KONG'S IMPORTS FROM CHINA WAS RELATED TO OUTWARD PROCESSING.

EXPORTS TO 77% FOR DOMESTIC

ON THE OTHER HAND, SOME 57% OF HONG KONG'S TOTAL CHINA WAS FOR OUTWARD PROCESSING; THE FIGURE WAS EXPORTS, AND 49% FOR RE-EXPORTS TO CHINA.

1990 WERE

AND

THE CORRESPONDING PROPORTIONS IN THE FIRST HALF OF FOR IMPORTS, 57% FOR TOTAL EXPORTS, 79% FOR DOMESTIC EXPORTS 48% FOR RE-EXPORTS.

61%

IMPORTANCE

HAS

TO PROVIDE A BETTER UNDERSTANDING OF THE NATURE AND OF OUTWARD PROCESSING IN CHINA BY HONG KONG FIRMS, THE DEPARTMENT

TO BEEN CONDUCTING A SAMPLE SURVEY AS FROM THE THIRD QUARTER OF 1988

AND BOTH DOMESTIC EXPORTS DISTINGUISH HONG KONG'S EXPORTS TO CHINA

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

——

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

KONG'S IMPORTS FROM FIRST QUARTER OF 1989 SO AS TO SEGREGATE HONG

AND THOSE CHINA INTO THOSE WHICH ARE RELATED TO OUTWARD PROCESSING

WHICH ARE NOT.

/THE RESULTS