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Friday, May 19, 2017, 15:03
Mainland-HK trade drops in Q1
By Xinhua
Friday, May 19, 2017, 15:03 By Xinhua

This general view shows freight at a loading dock at the Kwai Chung container port in Hong Kong, Nov 30, 2004. (MIKE CLARKE / AFP)

BEIJING - The Chinese mainland's trade with Hong Kong totaled US$59.42 billion in the first quarter of 2017, down 2.5 percent year on year, according to the Ministry of Commerce.

Hong Kong is the mainland's sixth-largest trade partner and fourth-largest export market   

The mainland's exports to Hong Kong hit US$57.73 billion, an increase of 0.9 percent year on year, while the mainland's imports from the region saw a sharp drop of 54.6 percent to US$1.69 billion.  

Hong Kong is the mainland's sixth-largest trade partner and fourth-largest export market, according to the ministry.    

The mainland approved 2,954 Hong Kong-invested projects from January to March this year, with the actual use of Hong Kong capital reaching US$23.51 billion, up 19.6 percent from the same period of last year.    

As of the end of March, the mainland had approved 401,920 Hong Kong-invested projects, with the actual use of Hong Kong capital reaching US$938.3 billion, accounting for 52.1 percent of the total overseas investment in the mainland.     


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