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TRADE AND INDUSTRY
Chart 3: Position of Inward Direct Investment (DI) of Hong Kong at Market Value at end-1998
(Distributed by Economic Activity of the Hong Kong Enterprise Group)
Other activities
7.2% ($126 billion)
Insurance 1.8% ($31.8 billion)
Construction 2.3% ($39.3 billion)
Restaurants and hotels
3.3% ($57.1 billion)
Transport and related services 3.8% ($66.1 billion)
Financial institutions other than banks and deposit-taking companies
4.4% ($77.5 billion)
Manufacturing
4.9% ($85.3 billion)
Investment holding, real estate and various business services
33.9% ($591.1 billion)
Communications
7.1% ($123 billion)
Banks and deposit-taking companies
12.3% ($214.8 billion)
Wholesale, retail and import/export trades 19.0% ($332 billion)
Chart 4: Position of Inward Direct Investment (DI) of Hong Kong at Market Value at end-1998 (Distributed by Major Country/Territory)
Panama
Others
7.9% ($137.8 billion)
0.9% ($16.2 billion)
Singapore
2.5% ($43.3 billion)
Cayman Islands
4.9% ($86.2 billion)
Japan
6.2% ($108.8 billion)
British Virgin Islands
31.1% ($542.6 billion)
United States
6.6% ($115.5 billion)
Netherlands
7.1% ($124.5 billion)
United Kingdom 8.8% ($153.4 billion)
Bermuda 11.6% ($202 billion)
Mainland of China 12.3% ($213.7 billion)
Remark: British Virgin Islands, Bermuda, Cayman Islands and Panama are important offshore financial centres commonly used by investors to channel inward direct investment funds to Hong Kong.