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Mainland-Macao trade sees 19.8% rise last year

(Xinhua)
Updated: 2008-01-25 16:25

BEIJING - Trade between China's mainland and the Macao Special Administrative Region (MSAR) reached US$2.92 billion in 2007, a 19.8-percent rise year-on-year, according to the Ministry of Commerce (MOC).

The mainland's exports to Macao totaled US$2.64 billion, up 21 percent, while its imports from Macao rose 9.7 percent to reach US$280 million, the ministry said.

The mainland has attracted direct investment from the MSAR in 856 projects last year, down 1.4 percent, and the actual use of Macao direct investment reached US$640 million, down 6 percent.

By the end of December 2007, direct investment of the MSAR in the mainland totaled US$7.65 billion  in 11,553 projects since figures first began in 1978 with the opening up of trade between the mainland and Macao.

The actual use of the MSAR's direct investment in the mainland accounted for 1 percent of all actually used direct investment from outside the Chinese mainland.



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