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

I. Mainland-HK Trade

Mainland-HK trade in January-June 2011 amounted to US$134.42 billion up by 35.6% year on year, accounting for 7.9% of Mainland’s total foreign trade value, of which, US$127.05 billion was mainland export to HK and US$7.38 billion was import from HK, up by 35.9% and 31.9% respectively. Hong Kong is the Mainland’s fifth largest trade partner and the third largest export market. In June, Mainland-HK trade was US$24.60 billion, up by 3.2% month on month. The Mainland’s export to HK was US$23.58 billion, up by 5.3% compared with that of the previous month; and its import from HK was US$1.03 billion, up by 28.5% compared with that of the previous month.

II. Investment from HK

In January-June, 2011, 6,635 HK-invested projects were approved by the Mainland, up by 15.9% year on year. The actual use of HK capital increased 29.1% year on year to US$36.47 billion. During June, there were 1,577 HK-invested projects approved by the Mainland, up by 29.2% from a month earlier. The actual use of HK capital was US$8.09 billion, up by 34.4% from a month earlier. By the end of June, the accumulated number of HK-invested projects approved by the Mainland was 329,026 with the actual use of US$492.69 billion. In terms of actually utilized capital, HK capital accounts for 44.3% of Mainland accumulated foreign capital.

III. Mainland-HK Economic Cooperation

During January to June, the number of contracts for contracted projects and labor service cooperation reached 36, with the contract value of US$2.77 billion. The turnover amounted to US$0.83 billion. By the end of June, the total number of labor dispatched to HK was 23,233, and the accumulated turnover reached US$40.41 billion.

(Source: Ministry of Commerce Website)