Shanghai -Hong Kong Trade has increased by 7.5 times in 25 years

Xinhua News Agency, Shanghai, June 30 (Reporter Wu Yu) Shanghai Customs announced on the 30th that in 2021, the trade volume of Shanghai and Hong Kong reached 166.35 billion yuan (RMB, the same below), an increase of 7.5 times compared to 1997, and the economic and trade connection was increasingly close.

Advanced manufacturing has become a strong support for Shanghai's exports of Hong Kong.In the first five months of this year, Shanghai's exported Hong Kong integrated circuit products were 24.47 billion yuan, accounting for more than half of the total exports to Hong Kong during the same period; the export automatic data processing equipment and its parts were 4.8 billion yuan.

Shanghai Customs continues to strengthen supervision and optimization services, and strive to ensure the customs clearance of people's vitamins supply in Hong Kong.In the first five months of this year, Shanghai Port exported 2.69 billion yuan in agricultural products in Hong Kong, an increase of 30 % year -on -year.

According to the latest statistics from the Shanghai Municipal Bureau of Statistics, in the first five months of this year, the direct investment from Hong Kong reached 6.8%year -on -year to US $ 7.617 billion, accounting for 77%of the total foreign capital in Shanghai in the same period.

[Editor in charge: Liu Xiaodong]

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