THURSDAY, MARCH 24,
1988
7
"CONSIDERATION IS GIVEN ON INDIVIDUAL BOARD BASIS AND ACCOUNT IS TAKEN OF THE APPOINTEES' PERFORMANCE IN COMMUNITY SERVICE AND THEIR LINKS WITH THE DISTRICT.
"RESULTS OF THE ELECTIONS AND THE NEED то INJECT NEW BLOOD INTO THE DISTRICT BOARDS ARE ALSO CONSIDERED, THE SPOKESMAN SAID.
W
SEVENTY-SEVEN MEMBERS HAVE BEEN APPOINTED ΤΟ BOARDS IN THE URBAN AREAS AND 64 IN THE NEW TERRITORIES, AN INCREASE OF A TOTAL OF NINE APPOINTED MEMBERS WHEN COMPARED WITH THE FIGURE FOR THE CURRENT TERM.
PROVISIONAL TRADE FIGURES FOR FEBRUARY RELEASED
HONG KONG'S EXTERNAL TRADE CONTINUED ΤΟ GROW RAPIDLY IN FEBRUARY THIS YEAR, ACCORDING TO THE PROVISIONAL TRADE FIGURES RELEASED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
AMONG THE VARIOUS TRADE AGGREGATES, THE YEAR-ON-YEAR GROWTH RATE OF DOMESTIC EXPORTS IN FEBRUARY WAS CONSIDERABLY HIGHER THAN IN JANUARY 1988 AND THAT OF RE-EXPORTS WAS BROADLY SIMILAR, WHILE THAT OF IMPORTS WAS SUBSTANTIALLY LOWER.
HOWEVER, CAUTION SHOULD BE EXERCISED IN INTERPRETING FIGURES FOR ANY INDIVIDUAL MONTH IN ISOLATION, IN VIEW OF THE FLUCTUATIONS THAT MAY OCCUR FROM MONTH TO MONTH.
THE VALUE OF DOMESTIC EXPORTS IN FEBRUARY 1988 WAS $13,641 MILLION, 36.5 PER CENT OR $3,649 MILLION HIGHER THAN IN FEBRUARY 1987, WHILE THE VALUE OF RE-EXPORTS INCREASED BY 49.9 PER CENT OR $5,298 MILLION TO $15,914 MILLION.
THE VALUE OF TOTAL EXPORTS (DOMESTIC EXPORTS PLUS RE-EXPORTS),
WAS AT $29,555 MILLION IN FEBRUARY 1988,
43.4 PER CENT OR $8,947 MILLION HIGHER THAN IN FEBRUARY 1987.
THE VALUE OF IMPORTS GREW BY 18 PER CENT OR $4,352 MILLION OVER THE SAME PERIOD, TO $28,470 MILLION IN FEBRUARY 1988.
AS THE VALUE OF TOTAL EXPORTS IN FEBRUARY 1988 WAS LARGER THAN THAT OF IMPORTS, A VISIBLE TRADE SURPLUS OF $1,085 MILLION, RECORDED FOR EQUIVALENT TO 3.8 PER CENT OF THE VALUE OF IMPORTS, WAS THE MONTH.
THE IN VIEW OF THE TIMING OF
LUNAR NEW YEAR HOLIDAYS, THE FIGURES FOR JANUARY AND FEBRUARY COMBINED PROVIDE A MORE MEANINGFUL PICTURE.
/THE VALUE