Statistics of First 6 Months of 2012 on Mainland-HK Trade and Economic Cooperation

I. Mainland-HK Trade

Mainland-HK trade in January-June 2012 amounted to US$147.44 billion, up by 9.7% year on year, of which, US$139.36 billion was Mainland’s export to HK and US$8.11 billion was import from HK, up by 9.7% and up by 9.9% respectively. In June, Mainland-HK trade was US$29.02 billion, up by 4.7% month on month. The Mainland’s export to HK was US$27.63 billion, up by 6.4% compared with that of the previous month; and import from HK was US$1.39 billion, down by 20.7% compared with that of the previous month.

II. Investment from HK

In January-June, 2012, 5,561 HK-invested projects were approved by the Mainland, down by 16.2% year on year. The actual use of HK capital decreased 6.9% year on year to US$33.94 billion. During June, there were 1,223 HK-invested projects approved by the Mainland, up by 10.7% from a month earlier. The actual use of HK capital was US$6.89 billion, up by 27.6% from a month earlier.

By the end of June, the accumulated number of HK-invested projects approved by the Mainland was 342,000 with the actual use of US$561.57 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 June, the number of contracts for contracted projects and labor service cooperation reached 39, with the contract value of US$3.32 billion. The turnover amounted to US$1.14 billion. By the end of June, the total number of labor dispatched to HK was 23,900, and the accumulated turnover reached US$38.22 billion.

(Source: Ministry of Commerce Website)