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Chart 2
Chart 3
THE ECONOMY
Gross Domestic Product by broad economic sector
1982
2002
Secondary production 30.0%
Secondary production 12.4%
Primary production 0.8%
Primary production 0.1%
Tertiary production 69.1%
Tertiary production 87.5%
Along with a profound shift in economic structure, the share of the tertiary services sector in GDP continued to increase, while the share of the secondary sector dwindled further over the past two decades.
Employment by broad economic sector
1983
2003*
Secondary production
Secondary production 45.9%
14.5%
Primary production 1.8%
Primary production 0.3%
Tertiary production 52.3%
Tertiary production 85.2%
Consequential to the ongoing relocation of the less skill-intensive and lower value added manufacturing processes to the Mainland, as well as the strong growth in service activities in Hong Kong, the tertiary services sector has expanded markedly and has overtaken the secondary sector to become the largest employer in the economy since 1981.
* Average of QI to Q3 2003.