TNAG-2792-FCO40-4031-Relations-between-Hong-Kong-and-China-1993 — Page 148

Figure 2.3 Guangdong and Hong Kong; Trading Together (in billion HK$)

Total Imports (HK to PRC) 159

Total Exports (PRC to HK) 236

For Domestic Consumption 65

For Processing and Export 94

Domestic

Production

90

Processed Imports 146

Other

Provinces

Guangdong Other Guangdong Other Guangdong Other Guangdong

Provinces

33

32

6

81

Provinces

23

Provinces

67

9

137

10(21%)

56(60%)

90038%)

146(62%

55(50%)

38(40%)

48

Domestic Exports

|

178

Hong Kong

236

14

1:

The Strategic Role of Hong Kong for PRC Trade Expansion

- Financial and trade

services

- Channels to markets

255

Domestic Consumption

27

- Overseas Chinese

links

77

226

- Manufacturing

support

Rest of the World 406

Rest of the World

Asia and Australia 257

H.K. Domestic 178 Exports

Asia Australia

43

USA

61

International Trade Regime

MFN (US)

Others

74

- MFA (Multi-Lateral

USA

53

- GATT Agreements

HK Re-exports 303

Asia Australia

127

USA

103

Others

96

Others

73

Note:

Traded goods increase in value by about 15% as they move through the international entrepot system - figures do not therefore always add.

Source : Based on Toyojiro Masuya, "Economic Relations between Hong Kong and Guangdong 1992"

-9-