YANGON, Aug. 2 (Xinhua) -- The bilateral trade between Myanmar and China's Hong Kong hit 701 million U.S. dollars in the March-ended fiscal year of 2008-09, according to Myanmar's monthly economic indicators Sunday.

    Of the total, Myanmar's export to the Hong Kong Special Administrative Region (HKSAR) amounted to 668.68 million dollars, while its import from HKSAR took 32.9 million dollars, enjoying a trade surplus of 635.78 million dollars.

    Hong Kong stood the third in Myanmar's exporting country or region line-up after Thailand and India, while the fourth went to the Chinese mainland with over 500 million dollars.

    The HKSAR's investment in Myanmar was registered at 504.218 million dollars in 31 projects, standing the 6th largest foreign investor in the country after Thailand, the United Kingdom, Singapore, the Chinese mainland and Malaysia.

    According to Chinese official statistics, China-Myanmar bilateral trade amounted to 2.626 billion dollars in 2008, up 26.4percent. Of the total, China's export to Myanmar took 1.978 billion dollars.

    Up to the end of 2008, China's contracted investment in Myanmarreached 1.331 billion dollars, of which that in mining, electric power and oil and gas took 866 million dollars, 281 million dollars and 124 million dollars, respectively.

    China has risen from the 6th position to the 4th in Myanmar's foreign investment line-up.

Special Report:  Global Financial Crisis