TNAG-1623-FCO40-2237-Relations-between-Hong-Kong-and-China-1987 — Page 112

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21.

China remained the second largest market

for Hong Kong's domestic exports and the largest

market for Hong Kong's re-exports in the first

quarter of 1987. Domestic exports to China accounted

for 14% of Hong Kong's domestic exports in the first

quarter of 1987, compared with 13% in the preceding

quarter and 11% in the first quarter of 1986.

Re-exports to China accounted for 32% of Hong Kong's

total re-exports in the first quarter of 1987,

compared with 35% in the preceding quarter and 33% in

the first quarter of 1986.

Hong Kong's exports to China

Domestic

exports

Growth

Re-exports

Growth

to China

rate # to China

rate #

1985 Q1

3,912

97

11,812

149

Q2

4,006

57

12,826

132

Q3

3,604

22

10,940

51

Q4

3,667

- 3

10,445

-1

Annual

15,189

35

46,023

64

1986 Q1

3,136

-20

7,964

-33

Q2

4,213

5

9,664

-25

Q3

4,855

35

10,276

-6

Q4

5,818

59

12,990

24

Annual

18,022

19

40,894

-11

1987 Q1

5,552

77

11,808

48

# in money terms

G.F. 326

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