MONDAY, JUNE 12, 1989
THE
IN
5
MANUFACTURING
SECTOR.
THE YEAR 1987 WAS PROSPEROUS FOR THE VALUE OF GROSS OUTPUT IN THE SECTOR DURING 1987 WAS ESTIMATED AT $283,340 MILLION, REPRESENTING A SUBSTANTIAL INCREASE OF 24.7 PER CENT IN MONEY TERMS COMPARED WITH 1986.
INCLUDED AND
THE EXPENSES OF MANUFACTURING ESTABLISHMENTS IN 1987
MILLION ON THE PURCHASES OF MATERIALS, SUPPLIES
WORK/SERVICES; $45,569 MILLION ON COMPENSATION OF
$189,322 INDUSTRIAL EMPLOYEES; AND $24,229 MILLION ON OTHER EXPENSES.
THE TOTAL VALUE ADDED OF THE MANUFACTURING SECTOR STOOD AT $75,761 MILLION IN 1987, REPRESENTING A SUBSTANTIAL INCREASE OF PER CENT IN MONEY TERMS COMPARED WITH 1986.
20.7 VALUE ADDED IS A MEASURE OF THE NET OUTPUT OF THE SECTOR AND REFLECTS THE SECTOR'S CONTRIBUTION TO HONG KONG'S GROSS DOMESTIC PRODUCT.
VALUE
OR 17
RANKED ACCORDING ΤΟ THEIR VALUE ADDED, THE ТОР INDUSTRY
FIVE BROAD GROUPS WITHIN THE MANUFACTURING SECTOR IN HONG KONG WEARING APPAREL
WERE ($17,835 MILLION OR 24 PER CENT OF THE TOTAL ADDED OF THE MANUFACTURING SECTOR); TEXTILES ($12,578 MILLION PER CENT); BASIC METALS, FABRICATED METAL PRODUCTS, MACHINERY AND EQUIPMENT ($12,539 MILLION OR 17 PER CENT); ELECTRICAL AND ELECTRONIC PRODUCTS ($11,570 MILLION OR 15 PER CENT); AND PLASTIC PRODUCTS ($6,064 MILLION OR 8 PER CENT).
THE PRINCIPAL STATISTICS FOR THE MANUFACTURING SECTOR, ANALYSED BY BROAD INDUSTRY GROUPS, ARE SHOWN IN THE ACCOMPANYING TABLE.
AS REGARDS THE GEOGRAPHICAL LOCATION OF MANUFACTURING ESTABLISHMENTS, THE MOST IMPORTANT AREAS WERE "TSUEN WAN, KWAI CHUNG, TSING YI" AND "NGAU TAU кок, KWUN TONG, LEI YUE MUN". ESTABLISHMENTS IN THESE LOCATIONS ALTOGETHER ACCOUNTED FOR 48 PER CENT AND 46 PER CENT RESPECTIVELY OF THE GROSS OUTPUT AND VALUE ADDED THE MANUFACTURING SECTOR.
WHEN ANALYSED BY
THE EMPLOYMENT SIZES OF
OF
ESTABLISHMENTS,
MANUFACTURING THE STATISTICS SHOWED THAT ABOUT 66 PER CENT OF THE TOTAL NUMBER OF MANUFACTURING ESTABLISHMENTS WERE ENGAGING FEWER THAN 10 PERSONS, BUT THESE SMALL ESTABLISHMENTS ONLY ACCOUNTED FOR 8 PER CENT, 9 PER CENT AND 13 PER CENT RESPECTIVELY OF THE GROSS OUTPUT, VALUE ADDED AND TOTAL WORKFORCE OF THE MANUFACTURING SECTOR.
IN CONTRAST, ONLY ABOUT 3 PER CENT OF THE TOTAL NUMBER OF MANUFACTURING ESTABLISHMENTS WERE ENGAGING 100 OR MORE PERSONS, BUT THEY CONTRIBUTED ABOUT 50 PER CENT OF THE SECTOR'S GROSS OUTPUT, 49 PER CENT OF VALUE ADDED AND EMPLOYED ABOUT 42 PER CENT OF THE TOTAL WORKFORCE.
/THE 1987