Statistics

Chinese mainland, Macao H1 trade up 9.3%: MOC

(Xinhua)
Updated: 2010-08-03 09:53

BEIJING - Trade between the Chinese mainland and Macao in the first half of the year rose 9.3 percent year-on-year to reach $1.07 billion, China's Ministry of Commerce (MOC) said Monday.

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Mainland exports to Macao jumped 31.6 percent to $1.02 billion while imports from Macao dropped 75.8 percent year-on-year to $50 million, a statement posted on the MOC website said.

The statement did not explain the sharp decline in imports from Macao.

In June, trade between the mainland and Macao hit $200 million, a decrease of 4.8 percent compared to May. Mainland exports to Macao in June dropped 5 percent from May to $190 million.

Macao investments in the mainland totaled $420 million in the first half, up 36.8 percent year-on-year, the statement said.

The mainland signed 6,580 projects and labor contracts worth $790 million with Macao during the period.

Some 45,864 mainland workers were in Macao at the end of June, the statement said.