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

I. Mainland-Macao Trade

Mainland-Macao trade in January-March 2014 amounted to US$810 million, dropping 4% on a year-on-year basis. The mainland's export to Macao was valued US$760 million, up 9.2% year on year, and the mainland's import from Macao was US$50 million, down 64.4% on a year-on-year basis.

In March 2014, mainland-Macao trade amounted to US$350 million, going up 84.2% month on month. US$330 million was recorded in mainland's export to Macao, and US$20 million was mainland's import from Macao, going up 89.4% and 18.8% month on month respectively.

II. Investment from Macao

During January-March 2014, 61 Macao-invested projects were approved by the mainland, increasing 5.2% on a year-on-year basis. The actually used capital from Macao increased 40.7% on a year-on-year basis to US$150 million.

In March 2014, 28 Macao-invested projects were approved by the mainland, increasing 86.7% on a month-on-month basis. The actual use of Macao capital slipped 43.6% than that of the previous month to US$30 million.

As of the end of March 2014, the accumulated Macao-invested projects approved by the mainland were 13,513 with the actual use of US$11.49 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-March 2014, the mainland had 4 contracted projects in Macao with a combined value of US$1.46 billion. Turnover amounted to US$90 million. As of the end of March 2014, the number of laborers dispatched to Macao was 93,225. Accumulated turnover amounted to US$9.88 billion.

(Source: Ministry of Commerce Website)