Statistics on Mainland-Macao Trade and Economic Cooperation in January-March 2012
chinagate.cn, September 19, 2014 Adjust font size:
I. Mainland-Macao Trade
In January-March 2012, Mainland-Macao trade reached US$ 600 million, up by 18.2% year-on-year, accounting for 0.07% of Mainland’s total foreign trade value, of which Mainland export to Macao was US$ 570 million, up by 21.5% year-on-year, and its imports from Macao was US$ 30 million, down by 18.5% year-on-year. In March 2012, Mainland-Macao trade reached US$ 230 million, down by 26.7% month-on-month, of which Mainland export to Macao was US$ 210 million, down by 25.7% month-on-month, while its imports from Macao was US$ 20 million, up by 42.1% month-on-month.
II. Investment from Macao
In January-March 2012, 60 Macao-invested projects were approved by the Mainland, down by 7.7% year-on-year. The actual utilization of Macao capital dropped 35.7% year-on-year to US$ 100 million. In March 2012, 30 Macao-invested projects were approved by the Mainland, up by 114.3% month-on-month, and the actual utilization of Macao capital was US$ 60 million, up by 100.0% month-on-month. By the end of March 2012, the accumulated number of Macao-invested projects approved by the Mainland was 12,899 with the actual utilization of Macao capital hitting US$ 10.48 billion, and investment from Macao accounted for 0.9% in China’s absorption of foreign capital.
III. Mainland-Macao Economic Cooperation
In March 2012, the number of project contracts won by Mainland in Macao reached 4, with the contract value of US$ 110 million. The turnover amounted to US$ 50 million. By the end of March, the number of labor dispatched to Macao was 54,003, and the accumulated turnover by Mainland in Macao reached US$ 12.10 billion.
(Source: Ministry of Commerce Website)