Statistics of First 4 Months of 2012 on Mainland-HK Trade and Economic Cooperation

I. Mainland-HK Trade

Mainland-HK trade in January-April 2012 amounted to US$90.74 billion, up by 5.5% year on year, accounting for 7.8% of Mainland’s total foreign trade value, of which, US$85.77 billion was Mainland’s export to HK and US$4.98 billion was import from HK, up by 5.8% and down by 1.3% respectively. In April, Mainland-HK trade was US$26.51 billion, down by 0.3% month on month. The Mainland’s export to HK was US$25.12 billion, up by 0.2% compared with that of the previous month; and import from HK was US$1.4 billion, down by 7.9% compared with that of the previous month.

II. Investment from HK

In January-April, 2012, 3,233 HK-invested projects were approved by the Mainland, down by 15.7% year on year. The actual use of HK capital decreased 3.1% year on year to US$21.66 billion. During April, there were 773 HK-invested projects approved by the Mainland, down by 29.8% from a month earlier. The actual use of HK capital was US$4.38 billion, down by 38.0 % from a month earlier.

By the end of April, the accumulated number of HK-invested projects approved by the Mainland was 339,513 with the actual use of US$548.37 billion. In terms of actually utilized capital, HK capital accounts for 45.5% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to April, the number of contracts for contracted projects and labor service cooperation reached 19, with the contract value of US$0.64 billion. The turnover amounted to US$0.72 billion. By the end of April, the total number of labor dispatched to HK was 23,766, and the accumulated turnover reached US$42.27 billion.

(Source: Ministry of Commerce Website)