XN000022-1990-07-12 — Page 18

17

THURSDAY ULY 12, 1990

MILLION

THE SECTOR'S VALUE ADDED INCREASED BY 23 PER CENT TO $104,359

IN

1988, FROM $84,793 MILLION IN 1987. VALUE ADDED IS A MEASURE OF THE CONTRIBUTION OF AN ECONOMIC SECTOR TO HONG KONG'S GROSS DOMESTIC PRODUCT.

ALL VALUE FIGURES IN THIS PRESS RELEASE ARE EXPRESSED IN CURRENT PRICE TERMS. PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT BEEN ADJUSTED FOR PRICE INCREASES.

TRADE

WHEN ANALYSED BY ECONOMIC ACTIVITY, THE IMPORT/EXPORT RECORDED THE LARGEST SHARE OF SALES AND OTHER RECEIPTS, AT $762,401 MILLION OR 75 PER CENT OF THE SECTOR TOTAL.

RETAIL TRADE ACCOUNTED FOR 13 PER CENT, WHILE WHOLESALE TOOK UP 9 PER CENT, RESTAURANTS 3 PER CENT AND HOTELS/BOARDING 1 PER CENT.

TRADE HOUSES

IN 1988, THE IMPORT/EXPORT TRADE ALSO ACCOUNTED FOR THE LARGEST WAS SHARE (60 PER CENT) OF TOTAL VALUE ADDED IN THF SECTOR. THE REST CONTRIBUTED BY RETAIL TRADE (17 PER CENT), RES URANTS (11 PER CENT), WHOLESALE TRADE (6 PER CENT) AND HOTELS/BOARDING HOUSES (6 PER CENT).

THE

WHEN COMPARED WITH 1987, THE IMPORT/EXPORT TRADE RECORDED

PERCENTAGE LARGEST

INCREASE IN SALES AND OTHER RECEIPTS (+29 PER CENT), FOLLOWED BY HOTELS/BOARDING HOUSES (+24 PER CENT), RETAIL TRADE (+23 PER CENT), RESTAURANTS (+15 PER CENT) AND WHOLESALE TRADE (+5 PER CENT).

LARGEST

IN TERMS OF VALUE ADDED, THE RETAIL TRADE RECORDED THE PERCENTAGE INCREASE (+28 PER CENT), FOLLOWED BY HOTELS/BOARDING HOUSES (+27 PER CENT), IMPORT/EXPORT TRADE (+24 PER CENT), RESTAURANTS PER CENT) AND WHOLESALE TRADE (+8 PER CENT).

(+17

FOR AND

THE 1988 SURVEY WAS ONE IN A SERIES OF ANNUAL SURVEYS CONDUCTED THE PURPOSE OF OBTAINING UP-TO-DATE INFORMATION ON THE

AND OPERATING CHARACTERISTICS OF THE WHOLESALE

RETAIL RESTAURANTS AND HOTELS SECTOR AND ON THE SECTOR'S CONTRIBUTION TO GROSS DOMESTIC PRODUCT OF HONG KONG.

STRUCTURE TRADES,

THE

DATA COLLECTED IN THE SURVEY INCLUDED TYPE OF OWNERSHIP, AREA, NUMBER OF PERSONS ENGAGED, NUMBER OF EMPLOYEES, COMPENSATION EMPLOYEES, OPERATING EXPENSES, PURCHASES OF GOODS FOR SALE,

FLOOR

OF

STOCKS,

SALES AND OTHER RECEIPTS, AND CAPITAL EXPENDITURE.

SURVEY,

FOR BY

DESCRIPTIONS OF THE BACKGROUND AND METHODOLOGY OF THE TOGETHER WITH ANALYTICAL TABLES SHOWING THE PRINCIPAL STATISTICS ALL ESTABLISHMENTS CLASSIFIED BY MAJOR GROUP/ACTIVITY AND ANALYSED VARIOUS ECONOMIC VARIABLES, ARE INCLUDED IN THE STATISTICAL REPORT ENTITLED "1988 SURVEY OF WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS".

THIS

AND

REPORT WILL BE ON SALE NEXT MONTH AT THE GOVERNMENT

FLOOR, PUBLICATIONS CENTRE, GROUND

GPO BUILDING, CONNAUGHT PLACE, PUBLICATIONS THE

SALES CENTRAL;

COUNTER OF THE CENSUS AND

12 HARBOUR ROAD, STATISTICS DEPARTMENT, 19TH FLOOR, WANCHAI TOWER I, WAN CHAI.

/STATISTICS CONTAINED