TNAG-1483-FCO40-2037-Economic-situation-in-Hong-Kong-1986 — Page 210

Growth rates of re-exports (%)

Year-on-year comparison

In money

terms

In real terms

Rate of increase

in prices

1985/1984

26

25

1985/1984 H1

41

36

1

4

H2

14

15

-1

Q1

44

36

Q2

39

37

000

Q3

22

23

04

7

673 co

6

2

8

-1

1

1986/1985 Q1

Q2

H1

-

671

-6

5*

2*

0*

1*

021

* *

Note: (*)

Estimated by using trade indices available up to May 1986.

2.16

Despite

a

decline

(of 28%) in the first half of

1986, China continued to be the largest market for Hong Kong's

33% of the total value re-exports, accounting for

of goods re-exported through Hong Kong. The corresponding share in the

(10) first half of 1985 was 47%. Re-exports to China

consisted mainly of textiles, machinery specialised for

particular communications and sound recording and reproducing apparatus

industries,

electrical

machinery,

tele-

(10)

/and

These calculations excluded undeclared gifts taken or sent to China

by individuals.

16

Page 210Page 211