TNAG-1624-FCO40-2238-Relations-between-Hong-Kong-and-China-1987 — Page 212

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addition, efforts have been stepped up to substitute

imports with domestic production. As a result, for many months in 1985 and 1986, Hong Kong's domestic exports and

re-exports to China suffered serious set-backs. But as

the situation gradually stabilised during the course of 1986, Hong Kong's domestic exports and re-exports to China

resumed positive growth and the growth rates recorded

since the fourth quarter of 1986 have been especially

strong (7)

•

Although this strong growth in exports to

(7) Hong Kong export's to China:

Domestic exports

Year-on-year growth rate #

Year-on-year

(HK$ Mn)

(8)

Re-exports (HK$ Mn)

growth rate#

(8)

1985 Q1

Q2

aaaa

3,912

97

11,812

149

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 01

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

Q2

6,852

63

14,228

47

# in money terms

G.F. 326

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