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it is likely that more feeder services to Hong Kong will
be established. This will strengthen the entrepôt status
of Hong Kong even in the longer term (paragraph 32).
29.
With regard to the distributive trades in the
local economy, PRC-controlled corporations have
traditionally been very active.
Department stores and
other retail outlets specialising in Chinese goods have
enabled many Chinese products to maintain a significant market share in Hong Kong. In recent years, the major
retail outlets of Chinese products have made considerable
effort in modernising their operations and improving their
services. PRC-controlled corporations have also entered
the supermarket business. One noticeable change has been
that such stores no longer stock only Chinese products.
(f) Transport
30.
China has become an intensive user of Hong Kong's external cargo and shipping facilities since its adoption of open door policies in 1979. This is in line with the important role played by Hong Kong in China's external trade (paragraphs 25 to 28 above). For example, in 1985, ocean transhipment traffic with China through Hong Kong amounted to 2.1 million tonnes of cargo, equivalent to 25% of the total volume of cargo transhipped
in Hong Kong. The actual volume of transhipment traffic
with China would be even larger if transhipment involving
other modes of transport, such as river vessels, were
included.
31.
Apart from cargo, Hong Kong also provides important passenger transport links between China and other parts of the world.
About 0.6 million foreign
G.F. 326
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