TNAG-1622-FCO40-2236-Relations-between-Hong-Kong-and-China-1987 — Page 165

1. Population and Land Area

Land Area (sq. kms.)

Population (mill)

Population Growth Rate (%) (1973-82)

2.Economic

(i)Gross National Product

CONFIDENTIAL

CAP APPENDIX A

= CHINA

1984

9,596,961

1,030.2

1.2

1983

GNP Total (US$ mill)

318,310

GNP Growth Rate (1973-82)

6.1

Position in GNP League Table

8

( of 163 )

GNP per capita (US$)

310

Position in GNP per capita

122

League Table (of 163 )

(ii)Overseas Finance

1982

1983

1984

1985

(a) Exchange Rates

Yuan / US$

Yuan / Pound

1.89

1.98

2.32

3.20

3.31

3.00

3.10

4.15

UK

1984

244,046 56.3

.0

UK 1984

480,680 1.0

5

8,530

25

(b)Balance of Payments (US$ mill)

1982

1983

1984

1985

UK -1985

Exports

21,125

20,707 23,905

25,108

Imports

-16,876

-18,717

-23,891

-38,231

100,957 -103,240

Invisibles & Transfers

1,425

2,250

2,016 1,706

7,625

Current Account

5,674

4,240

2,030 -11,417

5,342

Capital Account (net)

338

-226

-1,003

6,709

-7,975

Balancing Item

279

-366

-932

34

-513

Overall Balance

6,291

3,648

95 -4,674

-3,148

International Reserves (US$ mill)

Total reserves

Months of Imports Covered

11,349.0

7.0

14,987.0 17,366.0 12,728.0

8.6

7.8

CONFIDENTIAL

3.7

12,860.0

.8

/Cont'd

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