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Commercial Cooperation Between Hong Kong and Chongqing from Jan. to Sep.

I. Foreign Trade

According to the statistics made by Customs, the total amount of import and export between Chongqing and Hong Kong was US$ 331.213 million from January to September 2008, a y-o-y increase of 44.5%, including: the export of US$ 145.779 million from Chongqing to Hong Kong, a y-o-y increase of 30.1%, accounting for 3.3% of Chongqing’s total exports and ranking the 8th among all the countries/regions of export, and the import of US$ 185.434 million from Hong Kong, a y-o-y increase of 58.2%, accounting for 6.4% of Chongqing’s total imports and ranking the 4th among all the countries/regions of import.

II. Use of Foreign Capital

53 new foreign-invested enterprises have been approved in Chongqing from January to September 2008 and the contracted foreign investment reached US$ 1.64 billion, where US$ 1.69 billion had arrived. The number of projects, the amount of contracted foreign investment, and the amount of arrived foreign investment respectively accounted for 50%, 68.7%, and 72.6% of Chongqing’s total amount.

At the end of September 2008, 1,996 foreign-invested enterprises have been approved in total in Chongqing, accounting for 44% of Chongqing’s projects. The contracted foreign investment was US$ 8.34 billion, accounting for 54.8% of the total amount in Chongqing. The main sectors include real estate, tourist hotels, property management, automobiles, manufacture of motorcycle parts and accessories, construction of railways, roads, tunnels and bridges, water production and supply, etc.

III. Economic Cooperation

8 enterprises and 2 overseas institutions have been established in total, with a total investment of US$ 11 million.

At the end of September 2008, 15 P.A. attendants had been dispatched abroad.

   

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