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The Mainland-Macao’s Trade and Economic Cooperation in January-October 2016

I. The Mainland-Macao Trade

The Mainland-Macao trade in January-October 2016 amounted to US$2.69 billion, going down 31.6% on a year-on-year basis. The mainland’s export to Macao was valued as US$2.58 billion, down 31.9% on a year-on-year basis, and the mainland’s import from Macao was US$110 million, down 23.8% on a year-on-year basis.

In October 2016, the Mainland-Macao trade volume amounted to US$240 million, going down 38.4% year on year and down 30.2% month on month. The mainland’s export to Macao was valued as US$230 million, down 38.4% year on year and down 30% month on month, and the mainland’s import from Macao was US$10 million, down 38.2% year on year and down 34.6% month on month.

II. Investment from Macao

In January-October 2016, 597 Macao-invested projects were approved by the mainland, going up 80.4% year on year. The actual use of Macao capital was US$3.35 billion, increasing291.4% month on month.

In October 2016, 32 Macao-invested projects were approved by the mainland, going down 74.2% month on month. The actual use of Macao capital amounted to US$2.69 billion, going up 7265.9% month on month.

By the end of October 2016, the accumulated Macao-invested projects approved by the mainland were 14,994 with the actual use of US$13.47 billion. In terms of the utilized capital, the funds from Macao accounted to 0.8% of the total foreign capital absorbed in the mainland.

III. Investment in Macao

In January-October, the mainland made a non-financial direct investment of US$430 million in Macao. By the end of October 2016, the mainland’s accumulative non-financial direct investment in Macao amounted to US$2.15 billion.

IV. Foreign Economic Cooperation

In January-October 2016, the mainland had 24 contracted projects in Macao with a combined value of US$830 million. The turnover amounted to US$1.31 billion. By the end of October 2016, the number of laborers dispatched to Macao was 120,497 and the accumulated turnover was US$13.37 billion.

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