Mainland-Macao Trade, Economic Cooperation in January-August
chinagate.cn, October 10, 2014 Adjust font size:
I. Mainland-Macao Trade
Mainland-Macao trade in January-August 2014 amounted to US$2.29 billion, dropping 1.6% on a year-on-year basis. The mainland’s export to Macao was valued US$2.16 billion, up 4.5% on a year-on-year basis, and the mainland’s import from Macao was US$130 million, down 49.1% on a year-on-year basis.
In August 2014, mainland-Macao trade amounted to US$340 million, going up 13.13% month on month. US$330 million was recorded in the mainland's export to Macao, going up 16.4% month on month and US$10 million was the mainland's import from Macao, going down 36.9% month on month.
II. Investment from Macao
During January-August 2014, 225 Macao-invested projects were approved by the mainland, going up 22.3% on a year-on-year basis. The actually used capital from Macao increased 10.8% on a year-on-year basis to US$380 million.
In August 2014, 30 Macao-invested projects were approved by the mainland, going down 11.8% month on month. The actual use of Macao capital went down 19.4% from that of the previous month to US$30 million.
As of the end of August 2014, the accumulated Macao-invested projects approved by the mainland were 13,677 with the actual use of US$11.7 billion. In terms of utilized capital, funds from Macao accounted for 0.8% of the mainland’s accumulated attraction of foreign capital.
III. Mainland-Macao Economic Cooperation
During January-August 2014, the mainland had 12 contracted projects in Macao with a combined value of US$1.69 billion. Turnover amounted to US$340 million. As of the end of August 2014, the number of laborers dispatched to Macao was 106,453 and accumulated turnover amounted to US$10.14 billion.
(Source: Ministry of Commerce Website)