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Sunday, September 25, 2016, 14:33

Mainland's imports from HK rise sharply

By Xinhua
Mainland's imports from HK rise sharply
Shipping containers stacked at a port terminal in Hong Kong on July 6, 2012. ( DALE de la REY / AFP)

BEIJING – The Chinese mainland's imports from Hong Kong reached US$12.62 billion in the first seven months of 2016, up 128.5 percent year on year, according to the Ministry of Commerce.

The mainland's exports to Hong Kong hit US$156.87 billion, a decrease of 5.4 percent year on year, ministry figures showed.

Trade between the mainland and Hong Kong totaled US$169.49 billion in the first seven months, down 1.1 percent year on year.

The figure accounted for 8.4 percent of the mainland's total overseas trade in the first seven months.

The mainland approved 7,446 Hong Kong-invested projects from January to July in 2016, with the actual use of Hong Kong capital reaching US$47.81 billion, down 8.4 percent from the same period of last year.

As of the end of July, 393,659 Hong Kong-invested projects had been approved by mainland authorities and the actual use of Hong Kong capital totaled US$881.13 billion.

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