Statistics on Mainland-HK Trade and Economic Cooperation in First 11 Months of 2012

I. Mainland-HK Trade

Mainland-HK trade in January-November 2012 amounted to US$301.7 billion (which accounted for 8.6% of our national total), up by 18.6% year on year, of which, US$285.87 billion was export to HK and US$15.83 billion was import from HK, up by 19.1% (the export contribution was 36.4%, ranking the first in the main export markets, bringing an export increase of 2.7 percentage points) and up by 9.8% respectively.

In November, Mainland-HK trade was US$35.48 billion, up by 20.7% month on month. Export to HK was US$33.32 billion, up by 17.2% compared with that of the previous month; and import from HK was US$2.16 billion, up by 122.7% compared with that of the previous month.

II. Investment from HK

In January-November, 2012, 11,229 HK-invested projects were approved by the Mainland, down by 10.7% year on year. The actual use of HK capital decreased 7.9% year on year to US$57.53 billion (which accounted for 57.6% of our total foreign investment). During November, there were 1,367 HK-invested projects approved by the Mainland, up by 31.6% from a month earlier. The actual use of HK capital was US$4.67 billion, down by 7.9% from a month earlier.

By the end of November, the accumulated number of HK-invested projects approved by the Mainland was 347,509 with the actual use of US$584.24 billion. In terms of actually utilized capital, HK capital accounts for 46.1% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to November, the contracts for contracted projects reached 72, with value of US$4.67 billion. The turnover amounted to US$2.51 billion. By the end of November, the total number of labor dispatched to HK was 23,603, and the accumulated turnover reached US$39.59 billion.

(Source: Ministry of Commerce Website)