TNAG-1610-FCO40-22132-Minutes-and-Hansards-of-the-Legislative-Council-of-Hong-Kong-1987 — Page 60

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

8

transhipped to other markets through Hong Kong. Total

visible trade between China and Hong Kong in the first

percent half of 1987 showed an increase of 52 over the first

half of 1986. This is remarkable by any standards. Hong

Kong is also responsible for a

a very high proportion of external investment in China. Between 1979 and 1985,

some two thirds of all pledged external investment in

China came from Hong Kong. The process is two way. Chinese investment in Hong Kong continues to grow,

the financial links between us.

as do

15.

amount

of

An important development is the increasing

manufacturing processing now

being

sub-contracted by Hong Kong businesses to China,

particularly to the Pearl

Pearl River Delta region. It has been estimated that up to one million Chinese workers are now

employed in this way. All these trends work to the

benefit of both our economies.

16.

Travel between Hong Kong and China also continues to grow. In 1986, Hong Kong people made almost 12 million visits to China, and 280,000 Chinese visitors

came to Hong Kong for business, pleasure and family

reasons.

/17.

In

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