L
1
- 11.
he said.
"Similar amendments to the definition are therefore made to plug the loophole,"
The bill was endorsed by the Governor-in-Council on May 14 and will be introduced into the Legislative Council on May 29.
End
Domestic export statistics classified by industrial origin
In the first quarter of 1996, the four major industries of wearing apparel; textiles; machinery, equipment, apparatus, parts and components; and consumer electrical and electronic products together accounted for 68% of Hong Kong's total domestic exports of manufactured goods, according to statistics released today (Friday) by the Census and Statistics Department.
In the first quarter of 1996, domestic exports of machinery, equipment, apparatus, parts and components increased by 12% over a year earlier to $9.4 billion.
On the other hand, domestic exports of consumer electrical and electronic products, textiles and wearing apparel decreased by 23%, 7% and 3% to $6.4 billion, $7.9 billion and $8.6 billion respectively.
For the industry of transport equipment, although the change in absolute value was not large, there was a marked increase of more than 20 times. The increase was mainly in the category of motorboats, tugs and pusher crafts, and other vessels.
On the other hand, more notable absolute decreases in the value of domestic exports were recorded for professional and optical equipment (-$257 million or -7%); basic metals and fabricated metal products (-$216 million or -10%); chemicals and chemical products (-$206 million or -10%); and plastic products (-$197 million or 17%).
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For the footwear industry, although the change in absolute value was not as large, a marked percentage decrease of 51% was recorded.
The above statistics of domestic exports classified by industrial origin are derived by re grouping the merchandise export items originally grouped under the external trade classification system according to the industries in which these merchandise items are normally produced. Transactions in gold and specie are excluded.