Statistics of First 8 Months of 2012 on Mainland-HK Trade and Economic Cooperation

I. Mainland-HK Trade

Mainland-HK trade in January-August 2012 amounted to US$205.99 billion, up by 12.7% year on year, of which, US$194.88 billion was Mainland’s export to HK and US$11.11 billion was import from HK, up by 12.9% and up by 8.5% respectively. In August, Mainland-HK trade was US$30.07 billion, up by 5.6% month on month. The Mainland’s export to HK was US$28.3 billion, up by 4.0% compared with that of the previous month; and import from HK was US$1.76 billion, up by 41.9% compared with that of the previous month.

II. Investment from HK

In January-August, 2012, 7,598 HK-invested projects were approved by the Mainland, down by 14.9% year on year. The actual use of HK capital decreased 7.6% year on year to US$42.73 billion. During August, there were 1,069 HK-invested projects approved by the Mainland, up by 10.4% from a month earlier. The actual use of HK capital was US$4.54 billion, up by 6.8% from a month earlier.

By the end of August, the accumulated number of HK-invested projects approved by the Mainland was 343,878 with the actual use of US$569.45 billion. In terms of actually utilized capital, HK capital accounts for 45.8% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to August, the value of contracts for contracted projects reached US$4.1 billion. The turnover amounted to US$1.62 billion. By the end of August, the total number of labor dispatched to HK was 24,073, and the accumulated turnover reached US$38.7 billion.

(Source: Ministry of Commerce Website)