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Wednesday, January 10, 2001, updated at 15:42(GMT+8)
Business  

Taiwan's Trade Surplus to Hong Kong Approached US$30 Billion

Latest statistics from Taiwan showed that the Island province's trade surplus to Hong Kong in 2000 reached US$29.17bn, a rise of US$5.25bn over that of 1999, setting a new record high. This is benefited from the increase of cross-Strait trade, according to sources in Taiwan economic circle.

In 2000, Taiwan's export value to Hong Kong topped US$31.3bn, next only to US$34.8bn, its export to the US, accounting for 21 percent of Taiwan's total export value. In the meantime, Taiwan's import value from Hong Kong was only US$2.1bn.

Obviously, most of Taiwan's export to Hong Kong was actually a transit trade to China's mainland. Therefore, it can be said that Taiwan achieved a total trade surplus of US$29.1bn to China's mainland in 2000, a booming of over 20 percent as against that of 1999.



By PD Online staff member Huang Ying



In This Section
 

Latest statistics from Taiwan showed that the Island province's trade surplus to Hong Kong in 2000 reached US$29.17bn, a rise of US$5.25bn over that of 1999, setting a new record high. This is benefited from the increase of cross-Strait trade.

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