THURSDAY, NOVEMBER 19, 1992
ONCE IT ENTERS INTO FORCE, YEARS IN THE FIRST INSTANCE.
IT WILL REMAIN EFFECTIVE FOR 15
MR CHAU SAID WITH THE AGREEMENT OF THE CHINESE FOLLOWING CONSIDERATION IN THE JOINT LIAISON GROUP, THE GOVERNMENT WAS NEGOTIATING A NETWORK OF SIMILAR AGREEMENTS MAJOR INVESTMENT PARTNERS.
GOVERNMENT HONG KONG WITH ITS
ORDERS, EMPLOYMENT AND PER CAPITA EARNINGS FIGURES FOR SEPTEMBER
THE VOLUME OF ORDERS-ON-HAND FOR THE 200 LARGEST MANUFACTURERS INCREASED BY 1% IN SEPTEMBER OVER THE SAME MONTH LAST YEAR, ACCORDING TO A MONTHLY SURVEY CONDUCTED BY THE CENSUS AND STATISTICS DEPARTMENT.
ON
ORDERS POSITION IN THE FABRICATED METAL PRODUCTS AND THE ELECTRICAL AND ELECTRONIC PRODUCTS INDUSTRIES IMPROVED MODERATELY. THE OTHER HAND, MILD DECREASES WERE RECORDED IN THE TEXTILES AND PLASTIC PRODUCTS INDUSTRIES.
COMPARED WITH THE PRECEDING MONTH, ORDERS FOR THE MANUFACTURERS SURVEYED SHOWED LITTLE CHANGE. HOWEVER, THERE WAS A SLIGHT INCREASE IN THE TEXTILES INDUSTRY.
THE VOLUME OF ORDERS-ON-HAND IS MEASURED IN TERMS OF THE NUMBER OF MONTHS AND REFERS TO ORDERS OUTSTANDING AS AT THE END OF THE REFERENCE MONTH.
ON EMPLOYMENT, THE TOTAL NUMBER OF PERSONS ENGAGED BY THE 200 LARGEST MANUFACTURERS DECREASED BY 11% IN SEPTEMBER THIS YEAR WHEN COMPARED WITH THE SAME MONTH LAST YEAR. THIS DECLINE IS IN LINE WITH THE RECENT TREND OF RELOCATING PRODUCTION PROCESSES TO SOUTH CHINA.
COMPARED WITH THE PRECEDING MONTH, THE TOTAL NUMBER OF PERSONS ENGAGED BY THE SURVEYED MANUFACTURERS DECREASED BY 2%.
IN SEPTEMBER 1992, PER CAPITA EARNINGS IN THE MANUFACTURING COMPANIES SURVEYED INCREASED BY 16% IN MONEY TERMS WHEN COMPARED WITH THE SAME MONTH LAST YEAR, BUT ONLY 1% WHEN COMPARED WITH THE PRECEDING MONTH.
THE LARGE YEAR-ON-YEAR INCREASE WAS PARTLY DUE TO THE ISSUE OF SEVERANCE PAYMENTS BY SOME COMPANIES AS THEY RELOCATED THEIR PRODUCTION PROCESSES TO CHINA.
7
IN THE CONSTRUCTION SECTOR, THE TOTAL NUMBER OF PERSONS ENGAGED IN THE COMPANIES SURVEYED DECREASED MODERATELY IN SEPTEMBER 1992 WHEN COMPARED WITH THE SAME MONTH LAST YEAR, BUT ONLY SLIGHTLY WHEN COMPARED WITH THE PRECEDING MONTH.
OVER MONTH.
PER CAPITA EARNINGS IN THESE COMPANIES INCREASED THE SAME MONTH LAST YEAR, BUT ONLY SLIGHTLY OVER
SIGNIFICANTLY THE PRECEDING
/IT SHOULD