The Chinese mainland's trade with Hong Kong totalled 46.92 billion USD in the first two months of the year, slumping 21.4 percent year on year, the Ministry of Commerce revealed on Wednesday.
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The mainland's exports to Hong Kong dropped 20.9 percent year on year to 45.27 billion USD during the Jan-Feb period. Hong Kong's exports to the mainland totalled 1.65 billion USD, down 33.2 percent year on year, according to figures released by the ministry.
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Mainland authorities approved 1,393 Hong Kong-invested projects during the period, a year-on-year decrease of 3.5 percent, the ministry said.
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Hong Kong's investment in the mainland increased 22.4 percent year on year to 12.7 billion USD during the period, it said.
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In February, the mainland's trade with Hong Kong decreased by 27.9 percent from the previous month to 19.66 billion USD.
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The mainland's exports to Hong Kong in February dropped 27.8 percent from the previous month to 18.98 billion USD. Hong Kong's exports to the mainland totalled 670 million USD, a decrease of 31.6 percent month on month, according to the ministry.Â