Mainland-Macao Economic and Trade Cooperation in January-May 2014

I. Mainland-Macao Trade

Mainland-Macao trade in January-May 2014 amounted to US$1.37 billion, dropping 11.2% on a year-on-year basis. The mainland's export to Macao was valued US$1.28 billion, and the mainland's import from Macao was US$90 million, down 4.7% and 54.8% respectively on a year-on-year basis.

In May 2014, mainland-Macao trade amounted to US$270 million, going down 1.6% month on month. US$260 million was recorded in mainland's export to Macao, going down 0.2% month on month and US$20 million was mainland's import from Macao, going down 20.6% month on month.

II. Investment from Macao

During January-May 2014, 127 Macao-invested projects were approved by the mainland, going up 11.4% on a year-on-year basis. The actually used capital from Macao increased 31.7% on a year-on-year basis to US$240 million.

In May 2014, 43 Macao-invested projects were approved by the mainland, going up 86.9% on a month-on-month basis. The actual use of Macao capital went up 2.3% than that of the previous month to US$40 million.

As of the end of May 2014, the accumulated Macao-invested projects approved by the mainland were 13,579 with the actual use of US$11.58 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-May 2014, the mainland had 7 contracted projects in Macao with a combined value of US$1.59 billion. Turnover amounted to US$180 million. As of the end of May 2014, the number of laborers dispatched to Macao was 95,362. Accumulated turnover amounted to US$9.97 billion.

(Source: Ministry of Commerce Website)