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These are some of the major findings of the 1993 Survey of Industrial Production, released today (Tuesday) by the Census and Statistics Department. The survey was conducted from April 1994 to early 1995.
All value figures in this press release are expressed in current prices. The percentage changes derived from these figures have not been adjusted for price changes. Caution should therefore be taken in interpreting the survey results.
In terms of percentage share of gross output, the operating expenditure incurred by manufacturing establishments amounted to 88.5% in 1993. This comprised 16.6% for compensation of employees; 61.2% for consumption of materials, supplies, and industrial work/services; and 10.7% for other expenses.
Compared with 1992, the percentage share for consumption of materials, supplies and industrial work/services decreased by 0.1 of a percentage point while that for compensation of employees increased by 0.2 of a percentage point.
The value added content of the gross output performed by these establishments amounted to 29.2%, comprising mainly 16.6% for compensation of employees and 11.5% for gross surplus. Compared with 1992, the percentage share for compensation of employees increased by 0.2 of a percentage point while that for gross surplus decreased by 0.1 of a percentage point.
The survey results also showed that there were some 34.400 manufacturing establishments operating in 1993.
In terms of value added, the five largest broad industry groups in 1993 were (1) basic metals, fabricated metal products, machinery and equipment, accounting for 21.9% of the total value added of the manufacturing sector; (2) wearing apparel, 17.6%; (3) textiles, 14.5%; (4) paper products, printing and publishing, 12.9%; and (5) clectrical and electronic products, 12.9%.
Moderate increases in value added in 1993 were recorded in the paper products, printing and publishing industry (+13.5%) and the chemical, rubber and non-metallic mineral products industry (+10.0%). However, significant decreases were shown in the leather, wood and cork products industry (-28.6%) and the plastic products industry (-21.2%).
The principal statistics for the manufacturing industry, classified by broad industry group, are shown in the table.
Apart from manufacturing establishments. the survey also enumerated establishments engaged in (i) mining and quarrying; and (ii) supply of electricity, gas and water.