Mainland-HongKong Economic and Trade Cooperation in January-April 2014

I. Mainland-Hong Kong Trade

Mainland-Hong Kong trade in January-April 2014 amounted to US$103.49 billion, dropping 31.3% on a year-on-year basis, accounting for 7.8% of the mainland’s total trade. The mainland’s export to Hong Kong was valued US$99.63 billion, down 31.3% year on year, and the mainland's import from Hong Kong was US$3.86 billion, down 30.2% on a year-on-year basis. Hong Kong is the mainland’s fourth largest trade partner and third largest export market.

In April of 2014, mainland-Hong Kong trade amounted to US$28.14 billion, going down 0.9% month on month. US$27.07 billion was recorded in mainland's export to Hong Kong, and US$1.07 billion was mainland's import from Hong Kong, going down 0.8% and 6.1% month on month respectively.

II. Investment from Hong Kong

During January-April 2014, 3,337 Hong Kong-invested projects were approved by the mainland, dropping 0.7% on a year-on-year basis. The actually used capital from Hong Kong increased 17.4% on a year-on-year basis to US$26.46 billion.

In April 2014, 940 Hong Kong-invested projects were approved by the mainland, dropping 6.4% on a month-on-month basis. The actual use of Hong Kong capital went down 25.3% than that of the previous month to US&5.88 billion.

As of the end of April 2014, the accumulated Hong Kong-invested projects approved by the mainland were 364,235 with the actual use of US$692.13 billion. In terms of utilized capital, funds from Hong Kong accounted for 48.1% of the mainland’s accumulated attraction of foreign capital.

III. Mainland-Hong Kong Economic Cooperation

During January-April 2014, the mainland had 105 contracted projects in Hong Kong with a combined value of US$1.32 billion. Turnover amounted to US$1.08 billion. As of the end of April 2014, the number of laborers dispatched to Hong Kong was 49,045. Accumulated turnover amounted to US$44.43 billion.

(Source: Ministry of Commerce Website)