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THURSDAY, NOVEMBER 17, 1994

WERE

THE CORRESPONDING PROPORTIONS IN THE FIRST HALF OF 1993 48% FOR TOTAL EXPORTS TO CHINA, 73% FOR DOMESTIC EXPORTS TO CHINA, 42% FOR RE-EXPORTS TO CHINA, 73% FOR IMPORTS FROM CHINA AND 81% EXPORTS OF CHINA ORIGIN TO ALL COUNTRIES OTHER THAN CHINA.

FOR RE-

IMPORTANCE

FIRMS. THE

SURVEY ΤΟ

TO PROVIDE A BETTER UNDERSTANDING OF THE NATURE AND

KONG IN CHINA INITIATED BY HONG OF OUTWARD PROCESSING CENSUS AND STATISTICS DEPARTMENT HAS BEEN CONDUCTING A SAMPLE FROM THE THIRD QUARTER OF 1988 TO DISTINGUISH HONG KONG'S EXPORTS CHINA INTO THOSE WHICH ARE FOR OUTWARD PROCESSING AND THOSE WHICH NOT.

ARE

FIRST

THE THE

OF THE SURVEY HAS BEEN EXTENDED AS FROM SCOPE QUARTER OF 1989 TO SEGREGATE HONG KONG'S IMPORTS FROM CHINA INTO THOSE WHICH ARE RELATED TO OUTWARD PROCESSING AND THOSE WHICH ARE NOT. ·

SCOPE FIRST QUARTER OF 1991, THE SURVEY HAS FURTHER BEEN EXTENDED TO COVER HONG KONG'S CHINA ORIGIN TO ALL COUNTRIES OTHER THAN CHINA.

STARTING

FROM THE

OF THE

RE-EXPORTS

OF

RESULTS FOR THE SECOND QUARTER AND THE FIRST HALF OF THE ARE NOW AVAILABLE.

1994

IN VALUE TERMS, $45,566 MILLION OF HONG KONG'S TOTAL EXPORTS TO IN THE

OUTWARD SECOND QUARTER OF 1994 WERE FOR AN INCREASE OF 9% OVER THE SECOND QUARTER OF REPRESENTING

CHINA

PROCESSING,

1993.

PROCESSING

THE VALUE OF DOMESTIC EXPORTS TO CHINA FOR OUTWARD DECREASED BY 2% TO $11,513 MILLION WHILST THE VALUE OF RE-EXPORTS CHINA FOR OUTWARD PROCESSING GREW BY 13% TO $34,052 MILLION.

ΤΟ

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF IMPORTS FROM

TO

BY OUTWARD PROCESSING INCREASED

19% ΤΟ CHINA RELATED

$85,930

MILLION.

RE-EXPORTS PRODUCED

THE OTHER HAND, $100,211 MILLION OF HONG KONG'S ON

ORIGIN

THAN TO ALL COUNTRIES OTHER

CHINA OF

WERE CHINA THROUGH OUTWARD PROCESSING IN CHINA, REPRESENTING AN INCREASE OF 11%.

IN THE FIRST HALF OF 1994, $80,631 MILLION OF HONG KONG'S TOTAL EXPORTS TO CHINA WERE FOR OUTWARD PROCESSING, REPRESENTING AN INCREASE OF 7% OVER THE FIRST HALF OF 1993.

THE VALUE OF DOMESTIC EXPORTS TO CHINA FOR OUTWARD DROPPED BY 8% TO $19,772 MILLION WHILE THAT FOR RE-EXPORTS FOR OUTWARD PROCESSING GREW BY 13% TO $60,859 MILLION.

PROCESSING

ΤΟ

CHINA

OVER THE SAME PERIOD OF COMPARISON, THE VALUE OF IMPORTS FROM

то

21% RELATED

OUTWARD PROCESSING INCREASED BY

TO $158,157-

CHINA MILLION.

ON

RE-EXPORTS PRODUCED

THE OTHER HAND, $183,023 MILLION OF HONG KONG'S ORIGIN OF CHINA

CHINA WERE TO ALL COUNTRIES OTHER THAN THROUGH OUTWARD PROCESSING IN CHINA, REPRESENTING AN INCREASE OF 14%.

THE ESTIMATES

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