1988-01-13 14:56 SAS I

a

(0027D)

852 5 845 2129 P.02

Some Facts about Hong Kong

Economics and Finance

(a) GDP grew by 11% in real terms in 1986 and by an

estimated 12% in 1987.

Growth in real terms over the

last 20 years has averaged 7.9% per annum.

(b) Per capita GDP of US$6,800 in 1986 (US$370 at current

prices in 1961) is amongst the highest in Asia,

second to Japan and roughly the same as Singapore

which has less than half the population.

(c)

Investment in plant and machinery increased by 10% in

real terms in 1986. The period 1984-6 saw the

highest average annual investment of any three years

in our history.

(a)

Specifically, retained imports of industrial

machinery for manufacturing use, which i an

important indicator of investment in the

manufacturing sector, increased by 26% in real terms

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