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

I. Mainland-HK Trade

Mainland-HK trade in January-July 2011 amounted to US$158.75 billion up by 33.4% year on year, accounting for 7.8% of Mainland’s total foreign trade value, of which, US$150.28 billion was mainland export to HK and US$8.47 billion was import from HK, up by 33.6% and 30.6% respectively. In July, Mainland-HK trade was US$24.33 billion, down by 1.1% month on month. The Mainland’s export to HK was US$23.23 billion, down by 1.5% compared with that of the previous month; and its import from HK was US$1.09 billion, up by 5.8% compared with that of the previous month.

II. Investment from HK

In January-July, 2011, 7,671 HK-invested projects were approved by the Mainland, up by 14.6% year on year. The actual use of HK capital increased 29.2% year on year to US$41.25 billion. During July, there were 1,036 HK-invested projects approved by the Mainland, down by 34.3% from a month earlier. The actual use of HK capital was US$4.78 billion, down by 40.9% from a month earlier. By the end of July, the accumulated number of HK-invested projects approved by the Mainland was 330,062 with the actual use of US$497.46 billion. In terms of actually utilized capital, HK capital accounts for 44.4% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to July, the number of contracts for contracted projects and labor service cooperation reached 42, with the contract value of US$2.82 billion. The turnover amounted to US$1.02 billion. By the end of July, the total number of labor dispatched to HK was 23,220, and the accumulated turnover reached US$40.60 billion.

(Source: Ministry of Commerce Website)