Statistics on Mainland-HK Trade and Economic Cooperation in January-February 2013

I. Mainland-HK Trade

Mainland-HK trade in January-February 2013 amounted to US$ 59.7 billion (which accounted for 9.8% of our national total), up by 58.7% year on year, of which, US$ 57.24 billion was export to HK and US$ 2.46 billion was import from HK, up by 60.9% and 20.2% respectively. Hong Kong is the fourth largest trading partner and major export market for the Mainland.

In February, Mainland-HK trade was US$ 26.3 billion, down by 21.3% month on month. Export to HK was US$ 25.08 billion, down by 22.0% compared with that of the previous month; and import from HK was US$ 1.23 billion, equaling that of the previous month.

II. Investment from HK

In January-February, 2013, 1,443 HK-invested projects were approved by the Mainland, up by 6.2% year on year. The actual use of HK capital increased 1.6% year on year to US$ 10.38 billion. During February, there were 506 HK-invested projects approved by the Mainland, down by 46.0% year on year. The actual use of HK capital was US$ 5.1 billion, down by 3.4% year on year.

By the end of February, the accumulated number of HK-invested projects approved by the Mainland was 350,327 with the actual use of US$ 602.65 billion. In terms of actually utilized capital, HK capital accounts for 46.5% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to February, the contracts for contracted projects reached 12, with value of US$ 0.6 billion. The turnover amounted to US$ 0.47 billion. By the end of February, the total number of labor dispatched to HK was 35,092, and the accumulated turnover reached US$ 40.79 billion.

(Source: Ministry of Commerce Website)