Statistics on Mainland-HK Trade and Economic Cooperation in First 10 Months of 2012

I. Mainland-HK Trade

Mainland-HK trade in January-October 2012 amounted to US$266.24 billion, up by 16.6% year on year, of which, US$252.57 billion was export to HK and US$13.67 billion was import from HK, up by 17.3% and up by 5.5% respectively.

In October, Mainland-HK trade was US$29.39 billion, down by 4.8% month on month. Export to HK was US$28.43 billion, down by 2.8% compared with that of the previous month; and import from HK was US$0.97 billion, down by 39.0% compared with that of the previous month.

II. Investment from HK

In January-October, 2012, 9,862 HK-invested projects were approved by the Mainland, down by 11.9% year on year. The actual use of HK capital decreased 7.0% year on year to US$52.86 billion. During October, there were 1,039 HK-invested projects approved by the Mainland, down by 15.2% from a month earlier. The actual use of HK capital was US$5.07 billion, up by 0.4% from a month earlier.

By the end of October, the accumulated number of HK-invested projects approved by the Mainland was 346,142 with the actual use of US$579.57 billion. In terms of actually utilized capital, HK capital accounts for 46.0% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to October, the contracts for contracted projects reached 63, with value of US$4.2 billion. The turnover amounted to US$2.07 billion. By the end of October, the total number of labor dispatched to HK was 24,575, and the accumulated turnover reached US$39.15 billion.

(Source: Ministry of Commerce Website)