TNAG-2293-FCO40-3305-Official-visits-from-Hong-Kong-to-China-1991 — Page 141

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stimulating session, and the officials involved seemed

about their work. Two of the sections

and

to

be enthusiastic

-of the briefing concerned the current and

future

situations regarding trade between Hong Kong and China, and

Particularly

Hong Kong and Macau's investment in China.

interesting points regarding these were as follows

From 1 January to 31 July 1991 exports from China to

Hong Kong totalled US$12 billion, an increase of 26%

over the similar period in 1990; from 1 January to 31

May 1991, imports to China from Hong Kong totalled

US$8 billion;

In 1990, 80% of China's foreign trade passed through

Hong Kong compared with 50% in 1985;

-

Since 1949, the

PRC had always paid special attention

to Hong Kong’s fresh food supply despite its Own

problems e.g. the recent floods;

From 1979 to 30 June 1991, there were 34,077 foreign

projects in China valued at US$499 billion.

investment

of these Hong Kong and Macau contributed 25,534 valued

at US$27 billion.