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

I. Mainland-HK Trade

Mainland-HK trade in January-September 2011 amounted to US$206.47 billion, up by 28.1% year on year, accounting for 7.7% of Mainland’s total foreign trade value, of which, US$194.82 billion was mainland export to HK and US$11.65 billion was import from HK, up by 27.9% and 32.9% respectively. In September, Mainland-HK trade was US$23.63 billion, down by 1.9% month on month. The Mainland’s export to HK was US$22.22 billion, down by 0.4% compared with that of the previous month; and its import from HK was US$1.4 billion, down by 21.3% compared with that of the previous month.

II. Investment from HK

In January-September, 2011, 10,176 HK-invested projects were approved by the Mainland, up by 13.4% year on year. The actual use of HK capital increased 25.1% year on year to US$51.84 billion. During September, there were 1,250 HK-invested projects approved by the Mainland, down by 0.4% from a month earlier. The actual use of HK capital was US$5.59 billion, up by 11.8% from a month earlier.

By the end of September, the accumulated number of HK-invested projects approved by the Mainland was 332,567 with the actual use of US$508.05 billion. In terms of actually utilized capital, HK capital accounts for 44.7% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to September, the number of contracts for contracted projects and labor service cooperation reached 46, with the contract value of US$2.84 billion. The turnover amounted to US$1.25 billion. By the end of September, the total number of labor dispatched to HK was 24,111, and the accumulated turnover reached US$40.83 billion.

(Source: Ministry of Commerce Website)