XN000022-1991-07-01 — Page 3

MONDAY, JULY 1, 1991

2

USE

HE CONGRATULATED TVB FOR ADAPTING THE NICAM TECHNOLOGY FOR

DONE OVER HONG KONG, ADDING THAT THE SYSTEM DEVELOPMENT HAD BEEN SOME SIX YEARS.

IN

TAKE

THE

AND

"OUR BROAD POLICY OBJECTIVE REMAINS THAT HONG KONG SHOULD ADVANTAGE OF OPPORTUNITIES TO INTRODUCE NEW TECHNOLOGY TO ENHANCE

OF

VIEWERS STANDARD

PROVIDE OUR BROADCASTING SERVICES AND TO LISTENERS WITH THE WIDEST POSSIBLE CHOICE OF HIGH QUALITY PROGRAMMES.

TODAY'S CEREMONY, SIR DAVID SAID, MARKED ANOTHER MILESTONE THE DEVELOPMENT OF TELEVISION SERVICES IN HONG KONG.

IN

STAY

HE COMMENDED TVB FOR ITS EFFORTS IN THE PAST 24 YEARS TO IN THE FOREFRONT IN THE PRODUCTION OF QUALITY PROGRAMMES WHICH MET THE INFORMATION, EDUCATIONAL AND ENTERTAINMENT NEEDS OF THE COMMUNITY.

HE SAID TVB HAD

IN DONE EQUALLY WELL

THE DEVELOPMENT INTRODUCTION OF NEW BROADCASTING TECHNOLOGIES TO ENHANCE THE OF RECEPTION OF THEIR PROGRAMMES.

OR

QUALITY

ULTS

PROVISIONAL RESULTS OF RETAIL SALES SURVEY FOR APRIL RELEASED

ACCORDING

* * * * *

ΤΟ PROVISIONAL

SURVEY RESULTS

RELEASED

TODAY

AT

1990,

(MONDAY), THE VALUE OF TOTAL RETAIL SALES IN APRIL 1991, ESTIMATED

APRIL MILLION, $9,979.5

INCREASED BY 13.6% WHEN COMPARED WITH WHILE THEIR VOLUME INCREASED BY 6.6%.

THE

PRICES. ARE THE

TO

CHANGES IN THE VOLUME OF RETAIL SALES REFER TO CHANGES IN VALUES OF RETAIL SALES AFTER DISCOUNTING ESTIMATED CHANGES IN

OF PRICE CHANGES THE INDICATORS

USED

PURPOSE FOR THE RESPECTIVE COMPONENTS OF THE CONSUMER PRICE INDEX WHICH CORRESPOND THE BROAD CATEGORY OF GOODS IN QUESTION.

EXPENDITURE

FROM 1990

IS

TO

HAS

THE COMPLETION OF THE 1989/90 HOUSEHOLD FOLLOWING SURVEY, THE RETAIL SALES INDEX SERIES HAS BEEN REBASED STARTING APRIL

SEPTEMBER 1991. THE NEW BASE PERIOD IS OCTOBER 1989 TO (MONTHLY AVERAGE IN THE PERIOD TAKEN AS 100). THE REBASING SYNCHRONISE WITH THE REBASING OF THE CONSUMER PRICE INDEX, WHICH JJUST TAKEN PLACE.

THE TRADE DESCRIPTION OF THE INDEXES HAS ALSO BEEN REVISED. TO BETTER REFLECT THAT THE INDEX FIGURES ARE CLASSIFIED BY RETAIL OUTLETS IN ACCORDANCE WITH THE PRINCIPAL LINE OF PRODUCTS SOLD (PREVIOUSLY KNOWN AS THE MAJOR TRADE GROUPS AND SELECTED TRADES).

THE

PRESENTATION HAS ALSO BEEN EXPANDED TO COVER INDEXES OTHER RETAIL OUTLETS NOT SEPARATELY PUBLISHED PREVIOUSLY.

FOR

MOREOVER, THE CLASSIFICATION OF RETAIL OUTLETS HAS BEEN REVISED ACCORDING то THE NEW HONG KONG STANDARD INDUSTRIAL CLASSIFICATION (HSIC), BUT THE REVISED CLASSIFICATION HAS ONLY EFFECT ON THE COVERAGE OF THE RETAIL OUTLETS.

HAD A

NEGLIGIBLE

/ANALYSED BY