TUESDAY, JUNE 24, 1986
INCREASE IN NUMBER OF ESTABLISHMENTS
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A TOTAL OF 99 825 WHOLESALE, RETAIL AND IMPORT-EXPORT ESTABLISHMENTS, RESTAURANTS AND HOTELS-BOARDING HOUSES WERE IN OPERATION DURING THE WHOLE OR PART OF 1984, WITH 589 986 PERSONS ENGAGED, ACCORDING TO THE SURVEY RESULTS RELEASED TODAY BY THE CENSUS AND STATISTICS DEPARTMENT.
COMPARED WITH 1983, THE NUMBER OF ESTABLISHMENTS AND PERSONS ENGAGED INCREASED BY 10 PER CENT AND SEVEN PER CENT RESPECTIVELY.
IN 1984, THESE ESTABLISHMENTS GENERATED $467 770 MILLION OF SALES AND OTHER RECEIPTS; AND SPENT $22 763 MILLION ON COMPENSATION OF EMPLOYEES, $43 407 MILLION ON OPERATING EXPENSES AND $379 753 MILLION ON PURCHASES OF GOODS FOR SALE.
COMPARED WITH 1983, SALES AND OTHER RECEIPTS INCREASED BY 23 PER CENT, WHILE COMPENSATION OF EMPLOYEES, OPERATING EXPENSES AND PURCHASES OF GOODS FOR SALE WENT UP BY 22 PER CENT, 24 PER CENT AND 21 PER CENT RESPECTIVELY.
THE SECTOR'S VALUE ADDED, WHICH REPRESENTS ITS CONTRIBUTION TO THE GROSS DOMESTIC PRODUCT OF HONG KONG, GREW BY 24 PER CENT TO $50 506 MILLION IN 1984, FROM $40 605 MILLION IN 1983.
ANALYSED BY ECONOMIC ACTIVITY, THE SURVEY REVEALED THAT IN 1984, IMPORT-EXPORT TRADE RECORDED THE LARGEST SHARE OF SALES AND OTHER RECEIPTS, AT $321 133 MILLION OR 69 PER CENT OF THE SECTOR TOTAL. RETAIL TRADE ACCOUNTED FOR ANOTHER 15 PER CENT, WHILE WHOLESALE TRADE TOOK UP 11 PER CENT, RESTAURANTS FOUR PER CENT, AND HOTELS-BOARDING HOUSES ONE PER CENT.
IMPORT-EXPORT TRADE CONTRIBUTED 58 PER CENT OF TOTAL VALUE ADDED IN THE SECTOR. THE REMAINING CONTRIBUTION WAS ACCOUNTED FOR BY RETAIL TRADE (17 PER CENT), RESTAURANTS (13 PER CENT), WHOLESALE TRADE SEVEN PER CENT) AND HOTELS-BOARDING HOUSES (FIVE PER CENT).
WHEN COMPARED WITH 1983, IMPORT-EXPORT TRADE HAD THE LARGEST INCREASE IN SALES AND OTHER RECEIPTS (29 PER CENT), FOLLOWED BY HOTELS-BOARDING HOUSES (25 PER CENT), RETAIL TRADE (14 PER CENT), RESTAURANTS (14 PER CENT) AND WHOLESALE TRADE (SIX PER CENT).
IN TERMS OF VALUE ADDED, IMPORT-EXPORT TRADE AND HOTELS- BOARDING HOUSES RECORDED THE LARGEST INCREASES (30 PER CENT), FOLLOWED BY RETAIL TRADE (16 PER CENT), RESTAURANTS (16 PER CENT) AND WHOLESALE TRADE (12 PER CENT).
/THE 1984