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Mainland-Macao trade slumps in Q1

Xinhua, May 21, 2016 Adjust font size:

Trade between the Chinese mainland and Macao dropped by 27.2 percent year on year to 740 million U.S. dollars during the first three months of 2016, according to figures from the Ministry of Commerce.

The mainland's exports to Macao decreased by 26.6 percent year on year to 700 million U.S. dollars during the January-March period. Imports from Macao were at 40 million U.S. dollars, a drop of 37.5 percent year on year, according to the ministry.

Mainland authorities approved 76 investment projects from Macao during the period, with the actual use of Macao capital reaching 180 million U.S. dollars, up 0.9 percent from the same period last year. Endit