22
WEDNESDAY, JULY 10, 1991
SPECIAL OLYMPIC
THE
GAMES, HELD EVERY FOUR YEARS, IS THE LARGEST SPORTS EVENT IN THE WORLD FOR MENTALLY HANDICAPPED PERSONS.
SOME
6,000 ATHLETES FROM 80 COUNTRIES WILL COMPETE IN ATHLETICS, GYMNASTICS, SWIMMING EVENTS AND BALL GAMES.
VARIOUS
1989 SURVEY OF WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS
TOTAL
* *
RETAIL WHOLESALE,
HOTELS/BOARDING
AND IMPORT/EXPORT WERE IN
INCREASE
A
OF 135,090 RESTAURANTS AND
HOUSES ESTABLISHMENTS, OPERATION DURING THE WHOLE OR PART OF 1989, REPRESENTING AN OF 8% OVER 1988.
THIS IS ACCORDING TO THE SUMMARY RESULTS OF THE 1989 SURVEY OF
RETAIL
AND WHOLESALE,
AND IMPORT/EXPORT TRADES, RESTAURANTS
HOTELS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY (WEDNESDAY).
OF IN
1989, THESE ESTABLISHMENTS GENERATED $1,160,272 MILLION SALES AND OTHER RECEIPTS; AND SPENT $55,172 MILLION ON COMPENSATION OF EMPLOYEES, $122,006 MILLION ON OPERATING EXPENSES AND $932,399 MILLION ON PURCHASES OF GOODS FOR SALE.
BY
SALES AND OTHER RECEIPTS INCREASED EMPLOYEES, OPERATING EXPENSES,
AND
WHEN COMPARED WITH 1988, 14%,
WHILE COMPENSATION OF PURCHASES OF GOODS FOR SALE ROSE BY 23%, 28% AND 11% RESPECTIVELY.
ALL
FIGURES VALUE
ARE EXPRESSED IN CURRENT PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT FOR PRICE INCREASES.
PRICE TERMS. BEEN ADJUSTED
THE
SECTOR'S
IN
MILLION VALUE ADDED GREW BY 16% TO $120,610 1989 FROM $104,359 MILLION IN 1988. VALUE ADDED IS A MEASURE OF THE
OF CONTRIBUTION
AN ECONOMIC SECTOR TO HONG KONG'S GROSS DOMESTIC
PRODUCT.
ANALYSED BY ECONOMIC ACTIVITY, THE IMPORT/EXPORT TRADE HAD LARGEST SHARE OF SALES AND OTHER RECEIPTS, AT $869,796 MILLION OR OF THE SECTOR TOTAL.
THE
75%
RETAIL TRADE ACCOUNTED FOR 12%, WHILE WHOLESALE TRADE TOOK 9%, RESTAURANTS 3% AND HOTELS/BOARDING HOUSES 1%.
UP
IN
1989,
THE IMPORT/EXPORT TRADE ALSO RECORDED THE LARGEST SHARE (60%) OF TOTAL VALUE ADDED IN THE
WAS SECTOR. THE REST
TRADE CONTRIBUTED BY RETAIL TRADE (16%), RESTAURANTS (12%), WHOLESALE (6%) AND HOTELS/BOARDING HOUSES (6%).
LARGEST FOLLOWED BY IMPORT/EXPORT
WHEN COMPARED WITH 1988, RESTAURANTS SHOWED THE PERCENTAGE INCREASE IN SALES AND OTHER RECEIPTS (+20%), HOTELS/BOARDING HOUSES (+17%), WHOLESALE TRADE (+14%), TRADE (+14%) AND RETAIL TRADE (+10%).
/IN TERMS