XN000022-1990-07-06 — Page 5

FRIDAY, JULY 6, 1990

SIGNIFICANT ESTIMATED

THE OUTPUT OF THE MANUFACTURING INDUSTRY SHOWED GROWTH IN 1988. THE VALUE OF GROSS OUTPUT DURING 1988 WAS TO BE $315,940 MILLION, REPRESENTING AN INCREASE OF 11.5 PER CENT MONEY TERMS COMPARED WITH 1987.

IN

THE EXPENSES OF MANUFACTURING ESTABLISHMENTS IN 1988

MILLION ON THE PURCHASES OF MATERIALS, SUPPLIES

WORK/SERVICES; $49,062 MILLION ON COMPENSATION

INCLUDED AND

OF

$213,067 INDUSTRIAL EMPLOYEES; AND $27, 115 MILLION ON OTHER EXPENSES.

STOOD AT

THE TOTAL VALUE ADDED OF THE MANUFACTURING INDUSTRY $83, 182 MILLION IN 1988, REPRESENTING AN INCREASE OF 9.8 PER CENT MONEY TERMS OVER 1987.

IN

VALUE ADDED IS A MEASURE OF THE NET OUTPUT OF THE INDUSTRY REFLECTS THE INDUSTRY'S CONTRIBUTION TO HONG KONG'S PRODUCT.

GROSS DOMESTIC

AND

RANKED ACCORDING TO THE VALUE ADDED, THE TOP FIVE

INDUSTRY GROUPS WITHIN THE MANUFACTURING INDUSTRY IN HONG KONG WERE

BROAD WEARING APPAREL ( $17,858 MILLION OR 21 PER CENT OF THE

: ADDED OF THE MANUFACTURING INDUSTRY); BASIC METALS, FABRICATED METAL TOTAL VALUE PRODUCTS, MACHINERY AND EQUIPMENT ( $15,408 MILLION OR 19 PER CENT): TEXTILES ( $12,925 MILLION OR 16 PER CENT } ELECTRONIC

; ELECTRICAL AND PRODUCTS ( $12,670 MILLION OR 15 PER CENT); AND PRODUCTS ($6,619 MILLION OR 8 PER CENT).

PLASTIC

AS REGARDS THE GEOGRAPHICAL LOCATION OF ESTABLISHMENTS, THE MOST IMPORTANT AREAS WERE "TSUEN WAN, KWAI TSING YI" AND "NGAU TAU KOK, KWUN TONG, LEI YUE MUN".

MANUFACTURING

CHUNG.

ESTABLISHMENTS IN THESE LOCATIONS TOGETHER ACCOUNTED FOR 47 PER CENT AND 44 PER CENT RESPECTIVELY OF THE GROSS OUTPUT AND VALUE OF THE MANUFACTURING INDUSTRY.

ADDED

THE

WHEN ANALYSED BY THE EMPLOYMENT SIZES OF ESTABLISHMENTS,

MANUFACTURING THE STATISTICS SHOWED THAT ABOUT 69 PER CENT OF TOTAL NUMBER OF MANUFACTURING ESTABLISHMENTS HAD ENGAGED LESS THAN PERSONS.

10

HOWEVER, THESE SMALL ESTABLISHMENTS ONLY ACCOUNTED FOR CENT, 11 PER CENT AND 15 PER CENT RESPECTIVELY OF THE

9 PER VALUE ADDED AND TOTAL WORKFORCE OF THE MANUFACTURING INDUSTRY.

GROSS OUTPUT,

IN CONTRAST, ONLY ABOUT 3 PER CENT OF THE MANUFACTURING ESTABLISHMENTS HAD ENGAGED 100 OR MORE PERSONS, BUT THEY TOTAL NUMBER OF ACCOUNTED FOR ABOUT 49 PER CENT OF THE GROSS OUTPUT, 49 PER VALUE ADDED

AND 41 PER CENT MANUFACTURING INDUSTRY.

OF THE TOTAL

WORKFORCE

CENT OF

OF

THE

/THE 1988