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Digital trade network transactions soar in HK
Last Updated(Beijing Time):2007-12-13 09:34

The total number of Digital Trade and Transportation Network transactions soared to 34,046 in January-November in Hong Kong, 10 times more than all of last year, Hong Kong Secretary for Transport and Housing Eva Cheng said Wednesday.

Replying to a lawmaker's query in the Legislative Council, Cheng said so far 1,118 customers have registered with the network since its launch in January last year. Of the customers, 25.6 percent are related to garment and textiles, 21.7 percent computer hardware, 12.4 percent general trading and 11 percent carriers and forwarders. There are also 2,117 indirect customers who are connected to the network through its interconnected service providers.

Cheng said the number of transactions processed through the network is rising, with the total number of transactions processed since its launch at 37,444. It processed 9,413 transactions last month, a daily average of 314.

The network transforms the document structure from the sender's format to the recipient's format. For information security reasons the network does not access the content, including the transaction value, of the document during the transformation process, Cheng said.

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