HK's exports to Chinese mainland grow 10% in 2007

Hong Kong's total exports to the Chinese mainland, mainland for outwards processing, rose 10 percent to about 451.5 billion HK dollars (about 57.88 billion U.S. dollars), revealed the Census and Statistics Department here Tuesday.

Meanwhile, Hong Kong's imports from the Chinese mainland related to outward processing grew 1 percent to 780 billion HK dollars (100 billion U.S. dollars), according to the Census and Statistics Department.

About 841 billion HK dollars (107.82 billion U.S. dollars) of Hong Kong's re-exports of Chinese mainland origin to other places were produced through outward processing in China's mainland, up 3percent on a year earlier.

In the fourth quarter, about 119.2 billion HK dollars (15.28 billion U.S. dollars) of Hong Kong's total exports to the Chinese mainland were for outward processing, up 13 percent over the same period in 2006.

Source: Xinhua