Mainland Trade With Taiwan and Hong Kong Grew Strongly in First 9 Months

China News Service reported that latest statistics published by the General Administration of Customs on October 14 showed import and export trade between the mainland and Taiwan expanded by 30.3% year on year during the first 9 months of the year. Over the same 9-month timeframe, import and export trade between the mainland and Hong Kong grew by 55.6% year on year. Data showed that across the initial 9 months of the year, mainland imports from Taiwan rose by 27.8% year on year. During the identical 9-month timeframe, mainland exports to Taiwan registered an increase of 37.3% compared to the prior-year period. Looking specifically at single-month figures for the cross-strait trade relationship, September commerce between the mainland and Taiwan involved mainland imports from Taiwan alongside outbound mainland exports destined for Taiwan. Regarding commerce between the mainland and Hong Kong over the first 9 months of the year, mainland imports originating from Hong Kong surged by 109.3% year on year. Concurrently, mainland exports shipped to Hong Kong expanded by 50.5% over the same 9 months. Looking at single-month performance between the mainland and Hong Kong, commerce during September comprised both mainland inbound imports from Hong Kong and mainland outbound exports heading to Hong Kong.