Page
The Economy of China and Hong Kong China Economic Relations
Oct
1993
Jan-Oct
Change over
the same
period in
1992
(%)
Change over
the same period in
1992 (%)
(I) China's Economy
*
Gross domestic product (Rmb bn)
N.A.
N.A.
2,006.8
13.3
*
Gross industrial output" (Rimb bn)
290.8
19.1
2,527.9
24.1
Light industrial output
136.3
18.5
1,179.9
22.1
Heavy industrial output
154.5
19.7
1,348.0
25.9
Retail sales (Rmb bn)
116.0
21.1
1,084.7
22.2
Investment in fixed assets undertaken
72.6
58.5
474.1
65.2
by state-owned enterprises (Rmb bn)
Rate of inflation (%)
21.1
19.1
(Cost of Living Index in 35 major cities)
**
Total trade (US$ bn)
Exports
mports
Visible trade surplus/deficit
Foreign exchange reserves* (US$ bn)
(As at end-June 1993)
(II) Hong Kong/China Visible Trade (HK$ bn)
18.5
14.5
164.2
16.5
8.9
4.9
78.3
6.2
9.6
25.2
85.9
27.8
-0.6
-7.7
18.9
Domestic exports to China
5.1
-10.7
52.4
3.7
Re-exports to China
23.6
18.7
224.4
32.8
Total exports to China
28.7
12.2
276.8
26.1
Imports from China
37.6
9.2
330.0
13.2
Total trade with China
66.3
10.5
606.9
18.7
Visible trade balance with China
-8.8
-53.2
Re-exports of China origin#
46.5
12.5
390.5
17.6
+ Since mid-1992 foreign currency in Bank of China was excluded from
foreign exchange reserves in statistics released by China.
#
*
Individual shipments of re-exports post a value which is usually higher than that of the corresponding shipments of imports, because a trade margin is added on during the course of re-export. This trade margin tends to vary amongst commodities and between different periods.
For September and January-September
** For November and January-November
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