WEDNESDAY, DECEMBER 2, 1981
RESTAURANTS AND HOTELS/BOARD ING HOUSES REPRESENTED 7 PER CENT AND 1 PER CENT RESPECTIVELY OF THE TOTAL NUMBER OF ESTABLIHMENTS, AN 27 PER CENT AND 5 PER CENT RESPECTIVELY OF THE TOTAL WORKFORCE. RESTAURANTS REGISTERED 4 PER CENT OF TOTAL SALES AND OTHER RECEIPTS AND CONTRIBUTED 13 PER CENT OF TOTAL VALUE ADDED WHEREAS HOTELS/ BOARDING HOUSES, ACCOUNTED FOR 1 PER CENT OF TOTAL SALES AND OTHER RECEIPTS, AND ER CENT OF TOTAL VALUE ADDED.
IN TERMS OF GROWTH IN SALES AND OTHER RECEIPTS SINCE 1977, RETAIL TRADE ATTAINED THE HIGHEST RATE AT 77 PER CENT, FOLLOWED BY IMPORT/EXPORT TRADE AT 74 PER CENT, HOTELS/BOARDING HOUSES AT 68 PER CENT, RESTAURANTS AT 50 PER CENT AND WHOLESALE TRADE AT 35 PER CENT. IMPORT/EXPORT TRADE RECORDED THE HIGHEST GROWTH SINCE 1977 IN TERMS OF VALUE ADDED AT 92 PER CENT, FOLLOWED BY RETAIL TRADE AT 79 PER CENT, HOTELS/BOARDING HOUSES AT 71 PER CENT, RESTAURANTS AT 60 PER CENT AND WHOLESALE TRADE AT 53 PER CENT.
BY LOCATION, SHEUNG WAN AND ISLAND WEST HAD THE LARGEST NUMBER OF WHOLESALE ESTABLISHMENTS, ACCOUNTING FOR 23 PER CENT OF TOTAL WHOLESALE TURNOVER AND 22 PER CENT OF VALUE ADDED.
OTHER IMPORTANT DISTRICTS IN TERMS OF TURNOVER AND VALUE ADDED IN THE WHOLESALE TRADE WERE CHEUNG SHA WAN AND SHEK KIP MEI.
RETAIL ESTABLISHMENTS WERE, NATURALLY, SCATTERED.
DISTRICTS WITH THE MOST SUBSTANTIAL RETAIL SALES AND VALUE ADDED WERE TSIM SHA TSU! AND WAN CHAI (INCLUDING TAI HANG AND CAUSEWAY BAY), WHICH TOGETHER ACCOUNTED FOR 26 PER CENT OF TOTAL SALES AND 27 PER CENT OF VALUE ADDED.
IMPORT/EXPORT ESTABLISHMENTS WERE CONCENTRATED IN CENTRAL,
SHEUNG WAN AND ISLAND WEST, AND TSIM SHA TSUI.
THESE DISTRICTS TOGETHER CONTRIBUTED 70 PER CENT TO TOTAL IMPORT AND EXPORT TURNOVER AND 68 PER CENT OF VALUE ADDED. TSUEN WAN AND THE NEW TERRITORIES AND ISLANDS WERE THE AREAS WITH THE LARGEST NUMBER OF RESTAURANTS BUT RENDERED ONLY 12 PER CENT OF TOTAL TURNOVER AND VALUE ADDED. WAN CHAI AND TSIM SHA TSUI HAD THE LARGEST SHARE IN RESTAURANT TURNOVER AND VALUE ADDED.
THEY TOGETHER ACCOUNTED FOR 25 PER CENT OF TOTAL TURNOVER AND 28 PER CENT OF TOTAL VALUE ADDED. DISTRICTS WITH MAJOR SHARES IN HOTELS/BOARDING HOUSES BUSINESS WERE TSIM SHA TSUI, CENTRAL, WAN CHAI AND YAU MA TEI WHICH WITH A TOTAL OF 405 HOTELS/BOARD ING HOUSES, ACCOUNTED FOR 96 PER CENT OF TOTAL TURNOVER AND VALUE ADDED.
WITH REGARD TO THE TYPE OF OWNERSHIP OF ESTABLISHMENTS IN THE DISTRIBUTIVE TRADES AND SERVICE SECTORS, SOLE PROPRIETORSHIPS PREDOMINATED TO THE EXTENT OF 67 PER CENT IN WHOLESALE TRADE, 79 PER CENT IN RETAIL TRADE, 55 PER CENT IN RESTAURANTS AND 64 PER CENT IN HOTELS/BOARDING HOUSES. DESPITE A LARGE NUMBER OF SOLE PROPRIETORSHIPS, THE LARGEST SHARE OF SALES WAS RECORDED IN PRIVATE LIMITED COMPANIES, WITH 39 PER CENT FOR WHOLESALE TRADE, 45 PER CENT FOR RETAIL TRADE, 69 PER CENT FOR RESTAURANTS AND 65 PER CENT FOR HOTELS/BOARDING HOUSES.
/IN THE