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

I. Mainland-HK Trade

Mainland-HK trade in January-November 2011 amounted to US$254.46 billion, up by 24.2% year on year, accounting for 7.7% of Mainland’s total foreign trade value, of which, US$240.02 billion was mainland export to HK and US$14.44 billion was import from HK, up by 23.8% and 29.6% respectively. In November, Mainland-HK trade was US$26.13 billion, up by 19.5% month on month. The Mainland’s export to HK was US$24.65 billion, up by 20.0% compared with that of the previous month; and its import from HK was US$1.48 billion, up by 13.0% compared with that of the previous month.

II. Investment from HK

In January-November, 2011, 12,570 HK-invested projects were approved by the Mainland, up by 8.95% year on year. The actual use of HK capital increased 22.83% year on year to US$62.46 billion. During November, there were 1,376 HK-invested projects approved by the Mainland, up by 35.2% from a month earlier. The actual use of HK capital was US$5.64 billion, up by 13.3% from a month earlier. By the end of November, the accumulated number of HK-invested projects approved by the Mainland was 334,961 with the actual use of US$518.67 billion. In terms of actually utilized capital, HK capital accounts for 44.9% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to November, the number of contracts for contracted projects and labor service cooperation reached 84, with the contract value of US$4.09 billion. The turnover amounted to US$1.86 billion. By the end of November, the total number of labor dispatched to HK was 23,606, and the accumulated turnover reached US$41.44 billion.

(Source: Ministry of Commerce Website)