| Trade and Investment between the Inland and HK in Jan.-Feb. 2008 |
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| 2008-04-02 09:19 |
| From:MOFCOM Article type:Translated |
The trade volume between the Inland and Hong Kong amounted to US$28.35 billion in the first two months of 2008, with an increase of 16.5% year on year, out of which the Inland’s export to Hong Kong hit US$ 26.32 billion, up by 16%, and the Inland’s import from Hong Kong hit US$2.02 billion, up by 24.2%. Hong Kong is the Inland’s 5th trade partner and 3rd export market.
2,045 Hong Kong-invested projects were approved by the Inland in the first two months of 2008, down by 10.6% year on year, with Hong Kong’s investment in actual use of US$7.67 billion, up by 144.4% year on year. By the end of February 2008, the Hong Kong-invested projects approved by the Inland totaled 287,808, with US$316.2 billion investment in actual use, accounting for 40.48% of the total foreign investments absorbed by the Inland.
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