23-34  Position and Flow of Outward Direct Investment by Major Recipient Country/Territory
	(HKD 100 million)
Major Recipient	Outward Direct Investment at Market Value
Country/Territory	Position at End of Year			Outflow in Year
	2004	2005	2006	2004	2005	2006
British Virgin Islands	14021	16093	24676	1368	181	780
The mainland of China	12116	14774	21172	1448	1303	1666
Bermuda	1297	1261	1378	267	125	-50
United Kingdom	553	596	621	49	49	-2
Japan	421	297	608	284	-92	347
Cayman Islands	71	251	411	-13	148	79
India①		67	371		8	289
Thailand	248	230	347	32	26	64
Singapore	342	400	331	45	60	21
United States of America	226	263	291	31	9	31
Others	2042	2307	2438	51	298	268
Total	31336	36539	52645	3561	2115	3494
Notes : Country/territory here refers to the immediate destination economy. It does not necessarily reflect the country/territory in which the
funds are ultimately used.
①Detailed country/territory classification has been adopted in the compilation of external direct investment statistics since 2005.
therefore,separate figures for this country were not available prior to 2005.