Statistics on Mainland-Macao Trade and Economic Cooperation in January-November 2011
chinagate.cn, September 19, 2014 Adjust font size:
I. Mainland-Macao Trade
Mainland-Macao trade in January-November 2011 totaled US$ 2.27 billion, with a year-on-year increase of 9.4%, and accounting for 0.07% of Mainland’s total foreign trade, of which Mainland export to Macao was US$ 2.12 billion, up by 7.9% year-on-year; and its import from Macao was US$ 150 million, up by 35.0% year-on-year.
In November 2011, Mainland-Macao trade reached US$ 200 million, down by 4.8% month-on-month, of which Mainland export to Macao and its imports from Macao was US$ 190 million and US$ 10 million respectively, same as that of the previous month.
II. Investment from Macao
In January-November 2011, 263 Macao-invested projects were approved by the Mainland, up by 9.58% year-on-year. The actual utilization of Macao capital increased 6.95% year-on-year to US$ 660 million. In November 2011, 34 Macao-invested projects were approved by the Mainland, up by 209% compared with that of the previous month. And the actual utilization of Macao capital was US$ 120 million, up by 140% month-on-month. By the end of November 2011, the accumulated number of Macao-invested projects approved by the Mainland was 12,819 with the actual utilization of Macao capital hitting US$ 10.37 billion, and investment from Macao accounted for 0.9% in China’s absorption of foreign capital.
III. Mainland-Macao Economic Cooperation
In January-November 2011, the number of project contracts won by Mainland in Macao reached 14, with the contract value of US$ 740 million. The turnover amounted to US$ 170 million. By the end of November, the number of labor dispatched to Macao was 57,220, and the accumulated turnover by Mainland in Macao reached US$ 11.72 billion.
(Source: Ministry of Commerce Website)