XN000022-1991-07-10 — Page 24

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WEDNESDAY, JULY 10, 1991

SPECIAL OLYMPIC

THE

GAMES, HELD EVERY FOUR YEARS, IS THE LARGEST SPORTS EVENT IN THE WORLD FOR MENTALLY HANDICAPPED PERSONS.

SOME

6,000 ATHLETES FROM 80 COUNTRIES WILL COMPETE IN ATHLETICS, GYMNASTICS, SWIMMING EVENTS AND BALL GAMES.

VARIOUS

1989 SURVEY OF WHOLESALE, RETAIL AND IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS

TOTAL

* *

RETAIL WHOLESALE,

HOTELS/BOARDING

AND IMPORT/EXPORT WERE IN

INCREASE

A

OF 135,090 RESTAURANTS AND

HOUSES ESTABLISHMENTS, OPERATION DURING THE WHOLE OR PART OF 1989, REPRESENTING AN OF 8% OVER 1988.

THIS IS ACCORDING TO THE SUMMARY RESULTS OF THE 1989 SURVEY OF

RETAIL

AND WHOLESALE,

AND IMPORT/EXPORT TRADES, RESTAURANTS

HOTELS RELEASED BY THE CENSUS AND STATISTICS DEPARTMENT TODAY (WEDNESDAY).

OF IN

1989, THESE ESTABLISHMENTS GENERATED $1,160,272 MILLION SALES AND OTHER RECEIPTS; AND SPENT $55,172 MILLION ON COMPENSATION OF EMPLOYEES, $122,006 MILLION ON OPERATING EXPENSES AND $932,399 MILLION ON PURCHASES OF GOODS FOR SALE.

BY

SALES AND OTHER RECEIPTS INCREASED EMPLOYEES, OPERATING EXPENSES,

AND

WHEN COMPARED WITH 1988, 14%,

WHILE COMPENSATION OF PURCHASES OF GOODS FOR SALE ROSE BY 23%, 28% AND 11% RESPECTIVELY.

ALL

FIGURES VALUE

ARE EXPRESSED IN CURRENT PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT FOR PRICE INCREASES.

PRICE TERMS. BEEN ADJUSTED

THE

SECTOR'S

IN

MILLION VALUE ADDED GREW BY 16% TO $120,610 1989 FROM $104,359 MILLION IN 1988. VALUE ADDED IS A MEASURE OF THE

OF CONTRIBUTION

AN ECONOMIC SECTOR TO HONG KONG'S GROSS DOMESTIC

PRODUCT.

ANALYSED BY ECONOMIC ACTIVITY, THE IMPORT/EXPORT TRADE HAD LARGEST SHARE OF SALES AND OTHER RECEIPTS, AT $869,796 MILLION OR OF THE SECTOR TOTAL.

THE

75%

RETAIL TRADE ACCOUNTED FOR 12%, WHILE WHOLESALE TRADE TOOK 9%, RESTAURANTS 3% AND HOTELS/BOARDING HOUSES 1%.

UP

IN

1989,

THE IMPORT/EXPORT TRADE ALSO RECORDED THE LARGEST SHARE (60%) OF TOTAL VALUE ADDED IN THE

WAS SECTOR. THE REST

TRADE CONTRIBUTED BY RETAIL TRADE (16%), RESTAURANTS (12%), WHOLESALE (6%) AND HOTELS/BOARDING HOUSES (6%).

LARGEST FOLLOWED BY IMPORT/EXPORT

WHEN COMPARED WITH 1988, RESTAURANTS SHOWED THE PERCENTAGE INCREASE IN SALES AND OTHER RECEIPTS (+20%), HOTELS/BOARDING HOUSES (+17%), WHOLESALE TRADE (+14%), TRADE (+14%) AND RETAIL TRADE (+10%).

/IN TERMS