Mainland-HK Trade Up 9.3 Pct in First Four Months of 2008

Trade between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) reached 62.98 billion U.S. dollars in the first four months of 2008, up 9.3 percent year-on-year, statistics from the Ministry of Commerce (MOC) showed.

The mainland's exports to the HKSAR reached 58.57 billion U.S. dollars, and imports from the HKSAR reached 4.41 billion U.S. dollars, up 8.5 percent and 20.5 percent, respectively, according to the MOC.

The mainland attracted direct investment from the HKSAR in 4,548 projects, up 6.7 percent, and the actual use of Hong Kong direct investment reached 15.1 billion U.S. dollars, up 113.7 percent.

As of the end of April 2008, direct investment of the HKSAR in the mainland totaled 323.64 billion U.S. dollars in 290,311 projects.

The figures are cumulative, dating back to 1978, which marked the opening up of trade between the mainland and Hong Kong.

Source: CRIEnglish