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INDUSTRY AND TRADE
Established in 1934, the Chinese Manufacturers' Association of Hong Kong has a membership of over 1,500 factories. Member firms own factories of all sizes and most sectors of the Colony's industries are represented in the Association. It has played an important role in the industrial development of Hong Kong.
BANKRUPTCIES AND LIQUIDATIONS
As described in the preceding chapter, two of Hong Kong's Chinese banks failed early in the year. A receiving order was made in respect of one and a compulsory winding up order in respect of the other. There was some increase in business failures generally over recent levels-some connected with the bank failures, others not. During the year the court made 18 receiving orders, two orders for the administration in bankruptcy of the estates of deceased debtors, and eight orders for the compulsory winding up of com- panies (these figures compared with the extraordinarily low level of 10, one and nine respectively in 1964).
TRADE MARKS AND PATENTS
Trade Marks are registered under the Trade Marks Ordinance 1954, which is based on the Trade Marks Act 1938, of the United Kingdom. The procedure is laid down in the Trade Marks Rules 1954, and the prescribed forms may be obtained free of charge from the Registrar of Trade Marks, Registrar General's Department. During the year 2,134 applications for registration were received and 1,643 (including many submitted in previous years) were accepted and allowed to proceed to advertisement. A total of 1,431 marks were registered, the principal countries of origin being
Hong Kong
406
United States of America... 308
France
Switzerland
...
United Kingdom
210
West Germany
152
Australia
Singapore
Japan
129
The Netherlands
50
38
33
16
14
The total number of marks on the register at 31st December 1965 was 20,555.
Hong Kong law does not provide for the original grant of patents, but the grantee of a United Kingdom patent may, within five years from the date of its issue, apply to have it registered in Hong