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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