THURSDAY, JUNE 12, 1986
THEY SPENT $2 794 MILLION ON COMPENSATION OF EMPLOYEES (+27 PER CENT) AND $4 522 MILLION ON OPERATING EXPENSES (+19 PER CENT) AND GENERATED $9 513 MILLION OF BUSINESS RECEIPTS AND OTHER INCOME (+21 PER CENT).
THE SECTOR CONTRIBUTED $4 764 MILLION TO THE GROSS DOMESTIC PRODUCT (+22 PER CENT), MEASURED IN TERMS OF VALUE ADDED.
IN THE INSURANCE SECTOR, WHICH INCLUDES GENERAL AND LIFE INSURERS, INSURANCE AGENTS AND OTHER RELATED SERVICES, THE NUMBER OF ESTABLISHMENTS DECREASED SLIGHTLY TO 1 003 WHILE THE TOTAL NUMBER OF PERSONS ENGAGED INCREASED BY 11 PER CENT TO 10 608.
THIS SECTOR GENERATED $6 967 MILLION OF BUSINESS RECEIPTS AND OTHER INCOME (+12 PER CENT), AND SPENT $737 MILLION ON COMPENSATION OF EMPLOYEES (+12 PER CENT). THE OPERATING EXPENSES OF THIS SECTOR DECREASED BY 2 PER CENT TO $628 MILLION.
THE 1984 SURVEY WAS ONE IN A SERIES OF ANNUAL SURVEYS CONDUCTED FOR THE PURPOSE OF ASCERTAINING THE STRUCTURE AND OPERATING CHARACTERISTICS OF THE STORAGE, COMMUNICATIONS, FINANCING, INSURANCE AND BUSINESS SERVICES SECTORS AND OF UPDATING THEIR CONTRIBUTIONS TO THE GROSS DOMESTIC PRODUCT OF HONG KONG.
DATA COLLECTED IN THE SURVEY INCLUDED TYPE OF OWNERSHIP, FLOOR AREA, NUMBER OF PERSONS ENGAGED, NUMBER OF EMPLOYEES, COMPENSATION OF EMPLOYEES, OPERATING EXPENSES, BUSINESS RECEIPTS AND OTHER INCOME, AND CAPITAL EXPENDITURE.
DESCRIPTIONS OF THE BACKGROUND AND METHODOLOGY OF THE SURVEY, TOGETHER WITH ANALYTICAL TABLES SHOWING THE PRINCIPAL STATISTICS FOR ALL ESTABLISHMENTS CLASSIFIED BY SERVICES GROUP-SECTOR AND ANALYSED BY VARIOUS ECONOMIC VARIABLES, ARE INCLUDED IN THE STATISTICAL REPORT ENTITLED +1984 SURVEY OF STORAGE, COMMUNICATIONS, FINANCING, INSURANCE AND BUSINESS SERVICES+ .
THE REPORT WILL BE ON SALE EARLY NEXT MONTH AT THE GOVERNMENT PUBLICATIONS CENTRE, GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE- AND THE PUBLICATIONS SALES COUNTER OF THE CENSUS AND STATISTICS DEPARTMENT, KAI TAK COMMERCIAL BUILDING, 317 DES VOEUX ROAD CENTRAL, HONG KONG.
STATISTICS CONTAINED IN THE REPORT WILL BE USEFUL TO THE PRIVATE SECTOR FOR DECISION MAKING, ECONOMIC ANALYSIS, AND MARKET RESEARCH.
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