TNAG-1621-FCO40-2235-Relations-between-Hong-Kong-and-China-1987 — Page 129

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17

23.

In

Hong Kong's imports from China have been increasing rapidly since the fourth quarter of 1985.

the third quarter of 1986, the value of such imports, at

HK$21,774 million, was 44% higher than in the same quarter

in 1985. For the first three quarters as a whole, the

increase was 39%. Part of this increase was due to the rapid growth in re-exports of China origin, which increased by 56% in money terms in the third quarter.

Another contributory factor was the increase in compensation trade and outward processing arrangements.

Hong Kong's imports from China#

Imports (HK$Mn)

Growth rate (8)

1985

Q1

12,094

-3

Q2

13,572

-6

Q3

15,090

5

04

18,206

26

Annual

58,963

6

1986

Q1

15,241

26

Q2

19,650

45

03

21,774

44

Q1

Q3

56,665

39

# in money terms

G.F. 326

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