a
(8) Domestic exports
Value
11
{{
($Mn)
Growth rate in money terms (%)
• Growth rate in real terms (%)
1981 Annual
80,423
18
9
1982 Q1
17,504
9
-1
Q2
20,323
4
-4
Q3
22,597
1
004
Q4
22,608
1
-1
Annual
83,032
3
-3
1983 Q1
18,629
6
3
Q2
24,531
21
74 (*)
(*) estimate
(9)
of
The effect on individual industries and individual factories would be patchy, depending on the extent
the loss of confidence. The effect on some industries would be more immediate; some more gradual. But since many factories in Hong Kong are small in size and carry out basically subcontracting work for the larger factories, the contraction of operation of some large factories could have a chain effect on other smaller factories, i.e. some small factories might have to close down. The following gives the number of persons engaged in the manufacturing sector :
Employment in the manufacturing sector
1982 Q1
886 064
Q2
903 012
Q3
856 137
Q4
847 194
1983 Q1
848 703
SECRET
/(10)