TNAG-0621-FCO40-769-Budget-of-Hong-Kong-1977 — Page 121

G.F. 323

CONFIDENTIAL ##

機密

13.

27.

The quantity of imports of capital goods for the first

three quarters of 1976 was 22% higher than in the corresponding period

in 1975; industrial machinery recorded an increase of 51%. The similar

comparison for the quantity of imported fuels was a gain of 17%‰

Diagram 4, Table 9 to 13 ]

Re-exports

28.

The quantum index of re-exports remained constant at 114

for the first three quarters of 1976, 28% higher than in the first

three quarters of 1975. In October and Tovember, the index was

respectively at 123 and 124. Re-export prices remained fairly constant

during the first three quarters of 1975 at slightly below the levels

in 1974. They eased off further during the fourth quarter of 1975

and the first quarter of 1976 but started to increase in the second

and third quarters of 1975.

29.

Over half of Hong Kong's re-exports come from China,

Japan and the United States. Goods imported from China and re-exported

consist mainly of textile made-up articles (largely embroidered

table damasks), plants and seeds, and clothing. Japanese goods re-exported

through Hong Kong are mainly watches and clocks, and scientific

equipment.

Goods from these two sources go mainly to Singapore,

Indonesia and the United States. About 20, of re-exported goods of

United States origin, predominantly diamonds as Hong Kong is a popular

market for the diamond trade, go back to the United States; the other

80% (electrical machinery, medicinal and pharmaceutical products are

the more important items) go mainly to Taiwan, Japan, Singapore and

the Republic of Korea.

[Table

Table 14 J

CONFIDENTIAL

機密