TNAG-1268-FCO40-1617-China-s-economic-relationship-with-Hong-Kong-Shenzhen-econom-1983 — Page 39

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

expenditure amounted to HK$3,134 million (US$516

million)

In terms of HK$, the value of

(2)

expenditure by Hong Kong residents in China has grown

rapidly, at a rate of 47% p.a. in the last five years

1978 to 1982 (Table 2).

Table 2: Expenditure in China by Hong Kong residents

Number of Hong Kong residents going to China

Per capita expenditure

Total expenditure

HK$

US$

HK$Mn

US $Mn

1973

753,945

297

58

224

43

1974

795,689

368

73

293

58

1975

770,075

414

84

319

65

1976

792,445

453

92

359

73

1977

912,491

496

106

453

97

1978

1,273,416

529

113

674

144

1979

2,678,229

558

112

1,494

299

1980

3,604,536

619

124

2,232

449

1981

4,022,576

712

127

2,864

512

1982

4,071,090

770

127

3,134

516

Note: (1)

- (2)

Per capita expenditure for 1979 & 1980 was estimated from the results of the Labour Force Surveys. Estimates of per capita expenditure for 1973-1978 and 1981 and 1982 were

projected/retrojected by applying trends of CPI of foreign countries, including UK, USA, Japan and Taiwan.

Estimates of per capita expenditure and total expenditure are inclusive of passenger fares.

G.F. 326

CONFIDENTIAL #3

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