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

I. Mainland-HK Trade

Mainland-HK trade in January-August 2011 amounted to US$182.84 billion, up by 31.4% year on year, accounting for 7.8% of Mainland’s total foreign trade value, of which, US$172.6 billion was mainland export to HK and US$10.25 billion was import from HK, up by 31.2% and 35.7% respectively. In August, Mainland-HK trade was US$24.09 billion, down by 1.0% month on month. The Mainland’s export to HK was US$22.23 billion, down by 3.9% compared with that of the previous month; and its import from HK was US$1.78 billion, up by 63.3% compared with that of the previous month.

II. Investment from HK

In January-August, 2011, 8,926 HK-invested projects were approved by the Mainland, up by 15.0% year on year. The actual use of HK capital increased 27.7% year on year to US$46.25 billion. During August, there were 1,255 HK-invested projects approved by the Mainland, by 21.1% from a month earlier. The actual use of HK capital was US$5 billion, up by 4.6% from a month earlier. By the end of August, the accumulated number of HK-invested projects approved by the Mainland was 331,317 with the actual use of US$502.46 billion. In terms of actually utilized capital, HK capital accounts for 44.5% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to August, the number of contracts for contracted projects and labor service cooperation reached 45, with the contract value of US$2.83 billion. The turnover amounted to US$1.17 billion. By the end of August, the total number of labor dispatched to HK was 24,106, and the accumulated turnover reached US$40.75 billion.

(Source: Ministry of Commerce Website)