XN000022-1990-07-20 — Page 4

FRIDAY, JULY 20, 1990

3

'HK'S MANUFACTURING INDUSTRIES 1989' PUBLISHED

*

MORE THAN HALF (56.9 PER CENT) CONSIDERED HONG. KONG'S OVERALL MANUFACTURING TO BE FAVOURABLE, ACCORDING TO A SAMPLE INDUSTRY DEPARTMENT IN THE THIRD QUARTER OF 1989.

OF HONG KONG'S MANUFACTURERS INVESTMENT ENVIRONMENT

OUT BY CARRIED SURVEY

THE

STOOD

AT

PER 40.4

CENT

UNFAVOURABLE

THOSE WHO FELT IT WAS WHILE THE REMAINING 2.7 PER CENT HAD NO COMMENT.

EDITION OF RESULTS OF THE SURVEY WERE CONTAINED IN THE LATEST

MANUFACTURING INDUSTRIES AN ANNUAL PUBLICATION ENTITLED "HONG KONG'S 1989" WHICH WAS PUBLISHED BY THE INDUSTRY DEPARTMENT TODAY (FRIDAY).

WAS THE FIRST AND SERVICES SURVEY: ANNUALLY

A SPOKESMAN FOR THE DEPARTMENT SAID THE SURVEY

THE DEPARTMENT'S DATA OF ITS KIND TO BE CONDUCTED BY DIVISION AND THE INTENTION WAS TO CARRY OUT SIMILAR IN FUTURE.

DISCOVERING

HOW MANUFACTURERO SAN OF HONG KONG'S CONSTRAINTS ON THE

AT "THE SURVEY WAS AIMED THEIR BUSINESS PROSPECTS IN 1990, WHAT THEY THOUGHT INVESTMENT ENVIRONMENT, AND WHETHER THEY SAW ANY GROWTH OF THEIR INDUSTRIES," HE SAID.

SEPTEMBER 1989 AND IN 14 SELECTED MANUFACTURING WATCHES AND CLOCKS, METAL PRODUCTS, HOUSEHOLD OPTICAL GOODS, PRINTING,

THE SURVEY WAS CONDUCTED BETWEEN JUNK AND COVERED 5,761 SAMPLED ESTABLISHMENTS

ELECTRONICS, CLOTHING, INDUSTRIES, NAMELY, TEXTILES, PLASTICS, TOYS, JEWELLERY, ELECTRICAL APPLIANCES, PHOTOGRAPHIC GOODS, INDUSTRIAL MACHINERY, AND FOOD AND BEVERAGES.

ΤΟ SOLICIT

THESE ESTABLISHMENTS QUESTIONNAIRES WERE SENT TO THEIR VIEWS AND A TOTAL OF 1,832 VALID RETURNS WERE RECEIVED.

SAID RECEIVED

ON THE FAVOURABILITY OF INVESTMENT FACTORS, THE SPOKESMAN 12 OF THE 20 INVESTMENT FACTORS LISTED IN THE QUESTIONNAIRE FAVOURABLE RATING FROM MORE THAN HALF THE RESPONDENTS.

"THE TOP FOUR

BANKING HONG WERB

KONG'8 CENT OF RESPONDENTS),

POLICY ECONOMIC

(70.4 (79.9 PER CENT), REGIONAL LOCATION (70.2 PER CENT)," HE SAID.

FACILITIES (CITED BY 80.2 PER

GOVERNMENT

AND

AND FINANCIAL INFRASTRUCTURE PER CENT)

VIEWS ON RESPECTIVE

AB VERY "LABOUR SHORTAGE AND HIGH LABOUR COST WERE IDENTIFIED

CENT OF RESPONDENTS SERIOUS CONSTRAINTS BY 40 PER CENT AND 38.6 PER RESPECTIVELY.

SURVEYED MANUFACTURERS WERE ALSO ASKED TO GIVE THEIR

THEIR GROWTH OF THE WHAT CONSTRAINTS THEY PERCEIVED ON INDUSTRIES, AND HOW SERIOUS THESE CONSTRAINTS WERE.

/"OTHER SERIOUS