Statistics of First 7 Months of 2012 on Mainland-HK Trade and Economic Cooperation

I. Mainland-HK Trade

Mainland-HK trade in January-July 2012 amounted to US$175.92 billion, up by10.8% year on year, of which, US$166.58 billion was Mainland’s export to HK and US$9.35 billion was import from HK, up by 10.8% and up by 10.4% respectively. In July, Mainland-HK trade was US$28.48 billion, down by 1.9% month on month. The Mainland’s export to HK was US$27.22 billion, down by 1.5% compared with that of the previous month; and import from HK was US$1.24 billion, down by 10.8% compared with that of the previous month.

II. Investment from HK

In January-July, 2012, 6,529 HK-invested projects were approved by the Mainland, down by 14.9% year on year. The actual use of HK capital decreased 7.4% year on year to US$38.19 billion. During July, there were 968 HK-invested projects approved by the Mainland, down by 20.9% from a month earlier. The actual use of HK capital was US$4.25 billion, down by 38.3% from a month earlier.

By the end of July, the accumulated number of HK-invested projects approved by the Mainland was 342,809 with the actual use of US$564.9 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 July, the value of contracts for contracted projects reached US$3.94 billion. The turnover amounted to US$1.45 billion. By the end of July, the total number of labor dispatched to HK was 23,819, and the accumulated turnover reached US$38.53 billion.

(Source: Ministry of Commerce Website)