TNAG-1873-FCO40-2661-Relations-between-Hong-Kong-and-China-1989 — Page 143

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

GF 323

CONFIDENTIAL

22

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Year-on-

Imports year

from

growth

China

rate #

Hong Kong

were subsequently re-exported, with re-exports of China origin accounting for 47% of Hong Kong's total

re-exports.

The corresponding share in 1987 was 46%.

Imports

from

China

retained in

Year-on-

Re-exports

Year-on-

year growth rate #

year growth

of China

rate #

origin

(HK$Mn)

(*)

(HK$Mn)

(%)

(HK$Mn)

(옹)

1987 Q1

23,172

52

6,673

16

16,499

74

Q2

29,110

48

9,084

15

20,026

70

Q3

31,120

43

7,702

1

23,417

66

Q4

33,954

36

9,631

10

24,323

50

Annual

117,357

44

33,091

10

84,266

63

1988 Q1

29,407

27

4,807

-28

24,600

49

Q2

37,287

28

7,061

-22

30,226

51

H1

66,694

28

11,868

-25

54,826

50

Q3

41,974

35

5,209

-32

36,765

57

01

-

3 108,668

30

17,078

-27

91,591

53

#

in money terms

34.

Putting the trade figures in perspective, Hong

Kong incurred a visible trade deficit of HK$16,579 million with China in the first three quarters of 1988, compared with HK$21,839 million in the same period in 1987.

1987 01-3 1988 01-3

(HK$Mn)

1987 Annual

(HK$Mn)

(HK$Mn)

Domestic exports to China

19,781

26,929

27,871

Re-exports to China

41,782

65,161

60,170

Total exports to China

61,563

92,090

88,041

Imports from China

83,402

108,668

117,357

Visible trade balance

-21,839

-16,579

-29,315

with China

CONFIDENTIAL

機密

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