TUESDAY, JANUARY 8, 1980
IN IMPORT/EXPORT TRADE, BUSINESS WAS CONCENTRATED ON A SMALL NUMBER OF LARGE FIRMS. THE SURVEY SHOWED THAT 64 LARGE FIRMS REPRESENTING ABOUT HALF A PER CENT OF THE TOTAL NUMBER OF ESTABLISHMENT ENGAGED 100 OR MORE PERSONS. THEY ACCOUNTED FOR 22 PER CENT OF TOTAL SALES AND OTHER RECEIPTS.
RESTAURANTS WITH 100 OR MORE PERSONS WERE RESPONSIBLE FOR OVER 43 PER CENT OF TOTAL SALES WHILE IN HOTELS/BOARDING HOUSES 89 PER CENT OF TOTAL SALES WERE SHARED BY THOSE ENGAGING 100 OR MORE PERSONS.
BY CENSUS DISTRICT, SHEUNG WAN AND ISLAND WEST WAS THE MOST IMPORTANT DISTRICT IN TERMS OF THE NUMBER OF ESTABLISHMENTS AND BUSINESS TURNOVER IN WHOLESALE ACTIVITY. THE DISTRICT ACCOUNTED FOR 24 PER CENT OF THE TOTAL NUMBER OF WHOLESALE ESTABLISHMENTS AND 30 PER CENT OF THE TOTAL SALES. THE NEXT IMPORTANT DISTRICT WAS CHEUNG SHA WAN, SHEK KIP MEI, FOLLOWED BY YAU MA TEI.
THE NEW TERRITORIES EXCLUDING TSUEN WAN HAD THE LARGEST NUMBER OF RETAIL ESTABLISHMENTS. THIS WAS FOLLOWED BY KAI TAK AND SAN PO KONG. THE TWO DISTRICTS ACCOUNTED FOR 24 PER CENT OF THE TOTAL NUMBER OF RETAILERS. IN TERMS OF SALES AND OTHER RECEIPTS, TSIM SHA TSUI WAS THE MOST IMPORTANT DISTRICT, CONTRIBUTING 18 PER CENT OF THE TOTAL RETAIL SALES.
SHEUNG WAN AND ISLAND WEST, CENTRAL AND TSIM SHA TSUI WERE THE MOST PROMINENT AREAS IN IMPORT/EXPORT BUSINESS. SHEUNG WAN AND ISLAND WEST HAD THE LARGEST NUMBER OF IMPORTERS/ EXPORTERS, WITH A 20. PER CENT SHARE OF TOTAL SALES. CENTRAL, WITH THE SECOND LARGEST NUMBER OF IMPORT/EXPORT ESTABLISHMENTS, CONTRIBUTED 40 PER CENT OF TOTAL BUSINESS TURNOVER, AND TSIM SHA TSUI, 15 PER CENT.
THE NEW TERRITORIES EXCLUDING TSUEN WAN HAD THE LARGEST NUMBER OF RESTAURANTS BUT CONTRIBUTED ONLY SEVEN PER CENT OF THE TOTAL BUSINESS TURNOVER. DISTRICTS WITH THE LARGEST TURNOVERS WERE WAN CHAI (INCLUDING CAUSEWAY BAY), YAU MA TEI AND TSIM SHA TSUI, EACH CONTRIBUTING 14 PER CENT, 12 PER CENT AND 11 PER CENT RESPECTIVELY OF THE TOTAL SALES AND OTHER RECEIPTS.
ABOUT 92 PER CENT OF THE HOTEL BUSINESS WAS LOCATED IN TS IM SHA TSUI, CENTRAL, AND WAN CHAI (INCLUDING CAUSEWAY BAY). CENTRAL DISTRICT HAD ONLY THREE HOTELS WITH A TURNOVER OF 21 PER CENT OF THE TOTAL. TSIM SHA TSUI, WITH 92 HOTELS/BOARDING HOUSES, CONTRIBUTED 50 PER CENT OF TOTAL BUSINESS TURNOVER. WAN CHAI (INCLUDING CAUSEWAY BAY) HAD 145 HOTELS/BOARDING HOUSES, THE LARGEST NUMBER BY CENSUS DISTRICT, AND ACCOUNTED FOR 20 PER CENT OF TOTAL SALES AND OTHER RECEIPTS.
THE MAJORITY OF ESTABLISHMENTS IN THIS SECTOR WAS SOLE PROPRIETORSHIP, FOLLOWED BY PARTNERSHIP, PRIVATE LIMITED COMPANIES AND PUBLIC LIMITED COMPANIES.
IN TERMS OF SALES, PARTNERSHIP WAS THE MOST IMPORTANT, FOLLOWED BY PRIVATE LIMITED COMPANIES IN WHOLESALE TRADE. ÎN RETAIL TRADE, SOLE PROPRIETORSHIP ACCOUNTED FOR 40 PER CENT OF THE TOTAL SALES. SLIGHTLY ABOVE THE SHARE OF PRIVATE LIMITED COMPANIES.
/A SOMEWHAT
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