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INDUSTRY AND TRADE
In spite of this contraction, a substantial number of ships entered Hong Kong breaking yards during 1961, among them the famous liner 'Strathaird', which at 23,944 tons draught displacement was the largest vessel to be brought to Hong Kong for breaking.
Much of the scrap obtained is used in local rolling mills, which produce an estimated 7,300 tons a month of mild steel reinforcing bars; this represents the major portion of the requirements of the Colony's large building industry. A considerable quantity of rods and bars is shipped abroad, principally to south-east Asian territories.
Several rolling mills produce stainless steel, brass and aluminium sheets and circles, most of which are used locally for the manu- facture of consumer goods.
Other Heavy Industries. Among other heavy industries in the Colony, one which is increasing in significance is the manufacture of machinery and parts. Built originally for local light industries, Hong Kong made machines are now exported to over 70 countries. Of particular importance are plastic blow moulding and injection moulding machines, presses, seaming and planing machines.
Aircraft engineering is another important industry. One large establishment provides maintenance and repair facilities for most airlines using Kai Tak Airport as well as for several national air forces. Facilities exist for complete air frame and engine overhaul, and work is received from 26 countries as far afield as Australia and Canada. The Colony also meets much of its requirements of cement through local manufacture: the raw materials are im- ported, apart from some clay and iron ore.
THE TEXTILE INDUSTRY
The textile and garment industry is the Colony's largest, and a dominant feature of Hong Kong's economy. About 114,200 workers, or 42% of the total labour force in registered and recorded factories and industrial undertakings, were employed in the spinning of cotton, silk, rayon and woollen yarns, weaving, knitting, dyeing, printing and finishing of piecegoods, and the manufacture of all types of garments and made-up goods. The