516 | Appendices
Table 15
(Chapter 5: Commerce and Industry)
(a) Position and Flow of Inward Direct Investment by
Major Investor Country/Territory
HK$ Billion
Major investor
Inward direct investment at market value Position at end of year
Inflow during the year(2)
country/territory!)
1999
2002
2003
1999
2002
2003
British Virgin Islands
924.7
779.4
935.2
48.8
59.4
19.8
The mainland of China
814.8
594.6
770.1
38.6
31.7
38.0
Netherlands
207.0
204.9
256.1
24.3
10.3
24.7
Bermuda
280.6
273.2
254.8
24.6
2.1
-13.6
United States
170.4
186.6
187.6
19.0
-11.0
22.0
Others
751.8
583.7
556.5
35.3
-17.1
15.4
Total
3,149.3
2,622.3
2,960.4
190.7
75.5
106.3
Notes: (1) Country/territory here refers to the immediate source economy. It does not necessarily reflect the
country/territory in which the funds are initially mobilised.
(2) Negative inflow does not necessarily relate to equity withdrawal. It may be the result of repayment
of loans to non-resident affiliates.
(b) Position and Flow of Outward Direct Investment by
Major Recipient Country/Territory
HK$ Billion
Major recipient
Outward direct investment at market value
Position at end of year
Outflow during the year(2)
country/territory(1)
1999
2002
2003
1999
2002
2003
British Virgin Islands
1,395.6
1,148.3
1,270.3
33.1
10.1
24.8
The mainland of China
620.6
843.0
931.2
78.6
124.3
59.9
Bermuda
93.2
76.8
88.4
6.0
-4.9
-2.8
United Kingdom
25.9
20.5
47.3
-23.1
3.6
4.6
Singapore
18.6
26.0
30.0
3.8
4.3
2.1
Others
345.4
298.3
269.4
51.7
-1.2
-45.7
Total
2,499.4
2,412.9
2,636.7
150.2
136.2
42.9
Notes: (1) Country/territory here refers to the immediate destination economy. It does not necessarily reflect
the country/territory in which the funds are ultimately used.
(2) Negative outflow does not necessarily relate to equity withdrawal. It may be the result of repayment
of loans by non-resident affiliates.
Source: Balance of Payments Branch (2), Census and Statistics Department.
(Enquiry Telephone No.: 2116 5113)
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