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Fact Sheet - Hong Kong
Hong Kong Special Administrative Region
People's Republic of China
General
Population: 7 million
Population Growth Rate: 0.4%
Area: 1,092 km2
Currency: 1CAD = 7.4 HK$ (Mar 2010)
Major Languages: Cantonese, English
Literacy Rate: 91.6%, only 8.4% of the population has no schooling.
Political
Government: Special Administrative Region of the People's Republic of China (PRC)
President of the PRC: Hu Jintao
Chief Executive of the Hong Kong Special Adminstrative Region (HKSAR): Donald Tsang
Secretary for Commerce and Ecomomic Development: Rita Lau
Economic
GDP: 209 billion US$ (2009)
Real GDP Growth Rate: -2.7% (2009)
GDP Growth Rate Forecast: 4-5% (Forecast 2010)
Inflation Rate (CPI): 1% (Jan 2010)
Unemployment Rate: 4.9% (Jan 2010)
Trade
Major Trading Partners 2009
Exports to:
| No. | Country | Percentage |
|---|---|---|
| 1 | China | 54.2% |
| 2 | USA | 11.6% |
| 3 | Japan | 4.4% |
| 4 | Germany | 3.2% |
| 15 | Canada | 0.9% |
Imports from:
| No. | Country | Percentage |
|---|---|---|
| 1 | China | 46.4% |
| 2 | Japan | 8.8% |
| 3 | Singapore | 6.5% |
| 4 | Taiwan | 6.5% |
| 23 | Canada | 0.3% |
Representation
Canadian Representation in China: His Excellency David Mulroney, Ambassador
in Hong Kong: Doreen Steidle, Consul General
Chinese Representation in Canada: His Excellency Lan Lijun, Ambassador
Hong Kong Representation in Canada: Maureen Siu, Director, Hong Kong Economic and Trade Office (Toronto)
Canada's Trade with Hong Kong (CDN$ million)
| Year | Exports | Imports | Balance |
|---|---|---|---|
| 2000 | 1,437 | 1,450 | -13 |
| 2001 | 1,242 | 1,229 | 13 |
| 2002 | 1,206 | 996 | 210 |
| 2003 | 1,176 | 858 | 318 |
| 2004 | 1,389 | 719 | 670 |
| 2005 | 1,434 | 560 | 874 |
| 2006 | 1,595 | 513 | 1,082 |
| 2007 | 1,527 | 532 | 995 |
| 2008 | 1,771 | 468 | 1,303 |
| 2009 | 1,495 | 363 | 1,132 |
Canada's Exports to Hong Kong, 2009 (CDN$1,495 million)
| Sector | Percentage |
|---|---|
| Electrical machinery & machinery | 16% |
| Foods | 31% |
| Base metals | 16% |
| Furskin | 8% |
| Other | 30% |
Canada's Imports from Hong Kong, 2009 (CDN$363 million)
| Sector | Percentage |
|---|---|
| Electrical machinery & machinery | 42% |
| Apparel | 8% |
| Other | 50% |
Two-way FDI between Hong Kong and Canada
| Year / (millions of CDN$) | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|
| Canadian Direct Investment in Hong Kong | 3,020 | 2,642 | 3,037 | 3,062 | 3,361 | 3,801 | 4,519 | 6,031 |
| Hong Kong Direct Investment in Canada | 3,931 | 4,135 | 4,689 | 5,197 | 6,047 | X | X | X |
March 2010
