Statistics of Mainland-HK Trade and Economic Cooperation in January-December 2011

I. Mainland-HK Trade

Mainland-HK trade in January-December 2011 amounted to US$283.52 billion, up by 23.0% year on year, accounting for 7.8% of Mainland’s total foreign trade value, of which, US$268.03 billion was Mainland’s export to HK and US$15.5 billion was import from HK, up by 22.8% and 26.4% respectively. In December, Mainland-HK trade was US$29.06 billion, up by 11.2% month on month. The Mainland’s export to HK was US$28.01 billion, up by 13.6% compared with that of the previous month; and its import from HK was US$1.06 billion, down by 28.4% compared with that of the previous month.

II. Investment from HK

In January-December, 2011, 13,889 HK-invested projects were approved by the Mainland, up by 6.27% year on year. The actual use of HK capital increased 16.4% year on year to US$70.50 billion. During December, there were 1,319 HK-invested projects approved by the Mainland, down by 4.1% from a month earlier. The actual use of HK capital was US$8.04 billion, up by 42.6% from a month earlier. By the end of December, the accumulated number of HK-invested projects approved by the Mainland was 336,280 with the actual use of US$526.71 billion. In terms of actually utilized capital, HK capital accounts for 45.1% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to December, the number of contracts for contracted projects and labor service cooperation reached 94, with the contract value of US$4.49 billion. The turnover amounted to US$1.97 billion. By the end of December, the total number of labor dispatched to HK was 24,046, and the accumulated turnover reached US$41.55 billion.

(Source: Ministry of Commerce Website)