TNAG-2792-FCO40-4031-Relations-between-Hong-Kong-and-China-1993 — Page 72

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

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16

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re-exports

terms.

to China grew much rapidly by 36% in value

China as a destination took up 30% and 34% by value

Kong's domestic exports and re-exports in the

There was a sustained surge in exports to China of

goods and of raw materials and semi-manufactures,

considerable amount of these for use in outward

Concurrently, there

an increased

of Hong

period.

capital

with a

processing.

was

absorption by China of imports of consumer goods amidst its

buoyant local demand.

Domestic

exports

Year-on-year growth rate

to China in money terms

(HK$Bn)

(%)

Re-exports to China (HK$Bn)

Year-on-year

growth rate in money terms

(%)

1992 Annual

62.0

14

212.1

38

H1

28.5

17

95.2

41

H2

33.5

11

116.9

36

Q1

11.9

16

41.1

42

Q2

16.6

18

54.1

40

Q3

16.4

12

53.9

31

Q4

17.1

10

63.0

41

1993 H1

30.7

129.4

36

Q1 Q2

14.0

18

58.3

42

16.7

0

71.1

31

21.

involved

border.

About 41% of Hong Kong's re-exports to China

outward processing arrangements across the

Such re-exports showed a remarkable growth of 30%

terms in the first quarter of 1993. Regarding

exports

China for outward processing

activities, the

share

in value

domestic

to

corresponding

and growth rate were

GF 323

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