TNAG-2127-FCO40-3037-Investment-in-Hong-Kong-1990 — Page 8

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I

Table 3

7.

Among this category of retained imports, electrical machinery rose by 12% in value terms in the third quarter, while textile machinery and

other industrial machinery fell by 46% and 28%

respectively in value terms (Table 3).

G.F. 32

8.

these

are

(a)

Retained imports of capital goods other

than for manufacturing use

In view of the heterogeneous nature of retained imports, the changes in real terms not sufficiently reliable to be quoted

publicly.

The series is included merely to

provide a rough indication of the trend. Retained

imports of

manufacturing use showed an increase of about 7%

in the third quarter of 1990. In the first and

capital goods other

than

for

second quarters, the respective growth rates were

8% and -2% (Table 2).

9.

quarter.

Within this broad group of retained imports, the growth rates for different categories of capital goods varied considerably in the third Retained imports of scientific and

optical instruments, office machinery, and air

conditioners and air conditioning machines

increased substantially, by 89%, 32%/% and 30%

respectively in value terms. Retained imports of construction machinery and transport equipment also increased, by 16% and 5% in value terms. On

the other hand, retained imports of electrical

line telephone apparatus showed a large decrease,

by about 45% in value terms.

respect of retained imports of

components and parts for computers was

1% in value terms (Table 3).

The decline in

electronic

small, at

CONFIDENTIAL #3