1
9
FRIDAY, JULY 3, 1992
MR TSANG SAID
INTEREST TO HONG KONG.
THESE
PRODUCTS
WERE OF
SUBSTANTIAL
TRADE
PRODUCTS IS
THE
OF OUR ENTREPRENEURS,"
OF THESE EXPORT "THE STERLING PERFORMANCE RESULT OF THE DILIGENT AND INNOVATIVE SPIRIT MR TSANG SAID.
HE URGED MANUFACTURERS AND TRADERS TO STAY ALERT TO CHANGES CONSUMER PREFERENCES AS WELL AS TECHNOLOGICAL ADVANCEMENT IN ORDER REMAIN COMPETITIVE IN THIS PRESENT DAY WORLD MARKET.
FOR
IN
то
ON SOPHISTICATION
LATEST
NOT ONLY EXCELLENT OPPORTUNITIES "THESE EXHIBITIONS PROVIDE
VIEWS WITH BUYERS ΤΟ OUR MANUFACTURERS
EXCHANGE TECHNOLOGY AND DESIGN, BUT ALSO OPEN THEIR EYES TO THE AND QUALITY OF PRODUCTS FROM OTHER PLACES," HE SAID.
OVER 300 EXHIBITORS FROM 20 COUNTRIES AND SOME 16,000 ARE EXPECTED TO PARTICIPATE IN THE FOUR-DAY TRADE FAIR.
VISITORS
PROVISIONAL RETAIL SALES STATISTICS FOR APRIL
#
TO
THE VALUE OF TOTAL RETAIL SALES IN APRIL THIS YEAR, ESTIMATED AT $11.8 BILLION, INCREASED BY 18% OVER APRIL LAST YEAR, ACCORDING STATISTICS RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.
THE
REFLECTED
STRONG
LARGE INCREASE IN RETAIL SALES IN RECENT MONTHS BOTH A CONTINUOUS GROWTH IN LOCAL CONSUMER SPENDING AND A RECOVERY IN THE TOURIST SECTOR.
AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES OVER THE TOTAL RETAIL SALES INCREASED BY 11% IN VOLUME TERMS.
PERIOD,
CONSUMER
THE INCREASE WAS MAINLY ATTRIBUTABLE TO THE GROWTH IN SPENDING ON MOTOR VEHICLES, JEWELLERY, WATCHES AND OTHER CONSUMER DURABLES.
SALES OF MOTOR VEHICLES IN APRIL CONTINUED ΤΟ REGISTER THE LARGEST PERCENTAGE INCREASE WHEN COMPARED WITH THE SAME MONTH LAST YEAR, BY 66% IN VALUE AND 54% IN VOLUME.
SALES OF CONSUMER DURABLE GOODS OTHER THAN MOTOR VEHICLES WENT UP BY 19% IN VALUE AND 17% IN VOLUME OVER A YEAR AGO.
SALES OF JEWELLERY, WATCHES, CLOCKS AND VALUABLE GIFTS IN APRIL RECORDED AN
INCREASE OF 13% IN VALUE AND 18% IN VOLUME. THE LARGER INCREASE IN VOLUME WAS A RESULT OF THE FALL IN THE PRICES OF JEWELLERY ITEMS.
/SALES IN
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