Statistics on Mainland-Macao Trade and Economic Cooperation in January-October 2011

I. Mainland-Macao Trade

Mainland-Macao trade in January-October 2011 totaled US$ 2.07 billion, with a year-on-year increase of 11.4%, and accounting for 0.07% of Mainland’s total foreign trade, of which Mainland export to Macao was US$ 1. 93 billion, up by 9.5% year-on-year; and its import from Macao was US$ 140 million, up by 47.5% year-on-year.

In October 2011, Mainland-Macao trade reached US$ 210 million, down by 8.7% month-on-month, of which Mainland export to Macao was US$ 190 million, with a month-on-month decrease of 13.6%, and its imports from Macao was US$ 10 million, down by 50% month-on-month.

II. Investment from Macao

In January-October 2011, 229 Macao-invested projects were approved by the Mainland, up by 9.1% year-on-year. The actual utilization of Macao capital decreased 4.7% year-on-year to US$ 540 million. In October 2011, 11 Macao-invested projects were approved by the Mainland, down by 62.1% month-on-month. And the actual utilization of Macao capital was US$ 50 million, down by 16.7% month-on-month. By the end of October 2011, the accumulated number of Macao-invested projects approved by the Mainland was 12,785 with the actual utilization of Macao capital hitting US$ 10.24 billion, and investment from Macao accounted for 0.9% in China’s absorption of foreign capital.

III. Mainland-Macao Economic Cooperation

In January - October 2011, the number of project contracts won by Mainland in Macao reached 11, with the contract value of US$ 730 million. The turnover amounted to US$ 130 million. By the end of October, the number of labor dispatched to Macao was 56,270, and the accumulated turnover by Mainland in Macao reached US$ 11.68 billion.

(Source: Ministry of Commerce Website)