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THURSDAY, FEBRUARY 18, 1993

FOR THE PURPOSE OF THE SURVEY, EXPORTS (DOMESTIC EXPORTS AND RE-EXPORTS) TO CHINA FOR OUTWARD PROCESSING REFER TO THE EXPORTATION OF RAW MATERIALS OR SEMI-MANUFACTURES FROM OR THROUGH HONG KONG ΤΟ CHINA FOR PROCESSING WITH A CONTRACTUAL ARRANGEMENT FOR SUBSEQUENT RE- IMPORTATION OF THE PROCESSED GOODS INTO HONG KONG.

IMPORTS FROM CHINA RELATED TO OUTWARD PROCESSING REFER TO THE IMPORTATION OF PROCESSED GOODS FROM CHINA OF WHICH ALL OR PART OF THEIR RAW MATERIALS OR SEMI-MANUFACTURES HAVE BEEN UNDER CONTRACTUAL ARRANGEMENT EXPORTED FROM OR THROUGH HONG KONG то CHINA FOR PROCESSING.

RE-EXPORTS OF CHINA ORIGIN (EXCEPT TO CHINA) PRODUCED THROUGH OUTWARD PROCESSING IN CHINA REFER TO THOSE RE-EXPORTS OF WHICH ALL OR PART OF THEIR RAW MATERIALS OR SEMI-MANUFACTURES HAVE BEEN EXPORTED FROM OR THROUGH HONG KONG TO CHINA FOR PROCESSING WITH A CONTRACTUAL ARRANGEMENT FOR SUBSEQUENT RE-IMPORTATION OF THE PROCESSED GOODS INTO HONG KONG,

IN INTERPRETING THE STATISTICS, IT SHOULD BE NOTED THAT THE VALUE AND PROPORTION OF IMPORTS FROM CHINA AND RE-EXPORTS OF CHINA ORIGIN (EXCEPT TO CHINA) INVOLVING OUTWARD PROCESSING IN CHINA то THOSE OF THE ENTIRE GOODS INSTEAD OF JUST THE VALUE CONTRIBUTED BY OUTWARD PROCESSING IN CHINA.

REFER ADDED

TRADE

A SAMPLE OF TRADE DECLARATIONS IN RESPECT OF HONG KONG'S WITH CHINA (DOMESTIC EXPORTS AND RE-EXPORTS TO CHINA, AND IMPORTS FROM CHINA) AS WELL AS HONG KONG'S RE-EXPORTS OF CHINA ORIGIN TO COUNTRIES OTHER THAN CHINA IS SELECTED FOR ENUMERATION TO OBTAIN THE REQUIRED INFORMATION FROM THE ESTABLISHMENTS CONCERNED.

A SPOKESMAN FOR THE CENSUS AND STATISTICS DEPARTMENT EXPLAINED THAT UNDER THE INTERNATIONALLY ACCEPTED SYSTEM OF RECORDING TRADE FLOWS, ALL MOVEMENTS OF GOODS ACROSS THE BORDER, FOR WHATEVER PURPOSE, ARE RECORDED AS EXTERNAL TRADE.

THUS THE MOVEMENTS OF GOODS ASSOCIATED WITH OUTWARD PROCESSING ARE CORRECTLY INCLUDED IN THE REGULAR TRADE STATISTICS.

A MORE

IN THIS

"THE FINDINGS OF THE SURVEY, HOWEVER, FACILITATE INFORMED ANALYSIS OF THE NATURE OF HONG KONG-CHINA TRADE. RESPECT, THE SURVEY RESULTS ARE A USEFUL SUPPLEMENT TO THE REGULAR TRADE STATISTICS," THE SPOKESMAN SAID.

THE ABOVE SURVEY RESULTS WILL BE INCLUDED IN THE DECEMBER 1992 ISSUE OF THE "HONG KONG EXTERNAL TRADE".

THIS REPORT WILL BE ON SALE IN END FEBRUARY AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, GROUND FLOOR, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL, AND AT THE PUBLICATIONS SALES COUNTER OF THE CENSUS AND STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER, 12 HARBOUR ROAD, WAN CHAI AT $52 A COPY.

ENQUIRIES ON THE SURVEY RESULTS MAY BE DIRECTED TO THE TRADE SURVEYS AND SHIPPING STATISTICS SECTION OF THE CENSUS AND DEPARTMENT ON TEL 582 5037.

STATISTICS

/ESTIMATED VALUE