Mainland-Macao Economic and Trade Cooperation in January-July 2014
chinagate.cn, September 11, 2014 Adjust font size:
I. Mainland-Macao Trade
Mainland-Macao trade in January-July 2014 amounted to US$1.96 billion, dropping 4.5% on a year-on-year basis. The mainland's export to Macao was valued US$1.84 billion, up 1.6% on a year-on-year basis, and the mainland's import from Macao was US$120 million, down 50% on a year-on-year basis.
In July 2014, mainland-Macao trade amounted to US$300 million, going up 3% month on month. US$280 million was recorded in the mainland's export to Macao, going up 2.6% month on month and US$20 million was the mainland's import from Macao, going up 10.2% month on month.
II. Investment from Macao
During January-July 2014, 195 Macao-invested projects were approved by the mainland, going up 16.8% on a year-on-year basis. The actually used capital from Macao increased 11.8% on a year-on-year basis to US$360 million.
In July 2014, 34 Macao-invested projects were approved by the mainland, remaining the same on a month-on-month basis. The actual use of Macao capital went down 67% than that of the previous month to US$30 million.
As of the end of July 2014, the accumulated Macao-invested projects approved by the mainland were 13,647 with the actual use of US$11.71 billion. In terms of utilized capital, funds from Macao accounted for 0.8% of the mainland’s accumulated attraction of foreign capital.
III. Mainland-Macao Economic Cooperation
During January-July 2014, the mainland had nine contracted projects in Macao with a combined value of US$1.69 billion. Turnover amounted to US$290 million. As of the end of July 2014, the number of laborers dispatched to Macao was 102,313 and accumulated turnover amounted to US$10.09 billion.
(Source: Ministry of Commerce Website)