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MONDAY, JUNE 5, 1989
IN 1987, THESE ESTABLISHMENTS GENERATED $83,728 MILLION OF BUSINESS RECEIPTS AND OTHER INCOME; AND SPENT $9,336 MILLION ON COMPENSATION OF EMPLOYEES AND $61,323 MILLION ON OPERATING EXPENSES. WHEN COMPARED WITH 1986, BUSINESS RECEIPTS INCREASED BY 24 PER
CENT; COMPENSATION OF EMPLOYEES BY 18 PER CENT, AND OPERATING EXPENSES BY 16 PER CENT.
ALL VALUE FIGURES ARE EXPRESSED IN CURRENT PRICE TERMS. PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT BEEN ADJUSTED FOR PRICE INCREASES.
THE SECTOR'S VALUE ADDED GREW BY 38 PER CENT TO $22,423 MILLION IN 1987, FROM $16,258 MILLION IN 1986. VALUE ADDED IS A MEASURE OF THE CONTRIBUTION OF AN ECONOMIC SECTOR TO HONG KONG'S GROSS DOMESTIC PRODUCT.
ANALYSED BY MAJOR TRANSPORT GROUP, THE SURVEY SHOWED THAT, IN 1987, SERVICES INCIDENTAL TO TRANSPORT (SUCH AS ESTABLISHMENTS ENGAGED IN AIR FREIGHT/SHIPPING FORWARDING, PACKING AND CRATING GOODS FOR TRANSPORTATION, TRAVEL AGENTS AND SHIPBROKERS HAD THE LARGEST SHARE BUSINESS RECEIPTS AND OTHER INCOME, AT $35,478 MILLION OR 42 PER CENT OF THE SECTOR TOTAL.
OF
J
OCEAN AND COASTAL WATER TRANSPORT ACCOUNTED FOR ANOTHER 17 PER CENT; AIR TRANSPORT TOOK UP 15 PER CENT; LAND PASSENGER TRANSPORT 14 PER CENT; LAND FREIGHT TRANSPORT 5 PER CENT; SUPPORTING SERVICES ΤΟ WATER TRANSPORT 4 PER CENT; INLAND WATER TRANSPORT 2 PER CENT; AND SUPPORTING SERVICES TO LAND TRANSPORT 1 PER CENT.
LAND PASSENGER TRANSPORT AND AIR TRANSPORT EACH CONTRIBUTED 25 PER CENT OF THE TOTAL VALUE ADDED OF THE SECTOR.
THE SECTOR'S REMAINING CONTRIBUTION WAS MADE BY OCEAN AND COASTAL WATER TRANSPORT (18 PER CENT); SERVICES INCIDENTAL ΤΟ TRANSPORT (11 PER CENT); LAND FREIGHT TRANSPORT (10 PER CENT); SUPPORTING SERVICES TO WATER TRANSPORT (6 PER CENT); INLAND WATER TRANSPORT (3 PER CENT); AND SUPPORTING SERVICES TO LAND TRANSPORT 12 PER CENT).
WHEN COMPARED WITH 1986, LAND PASSENGER TRANSPORT SHOWED THE LARGEST PERCENTAGE INCREASE IN BUSINESS RECEIPTS AND OTHER INCOME (60 PER CENT); FOLLOWED BY SUPPORTING SERVICES TO LAND TRANSPORT (50 PER CENT); SUPPORTING SERVICES TO WATER TRANSPORT (33 PER CENT); LAND FREIGHT TRANSPORT (28 PER CENT); AIR TRANSPORT (22 PER CENT); SERVICES INCIDENTAL TO TRANSPORT (20 PER CENT); OCEAN AND WATER TRANSPORT (11 PER CENT). ON THE OTHER TRANSPORT SHOWED A DECREASE OF 5 PER CENT.
COASTAL
HAND, INLAND WATER
+
/IN TERMS