XN000022-1993-03-05 — Page 23

FRIDAY, MARCH 5, 1993

22

GUANGDONG ISSUES

DURING THE VISIT, THE DELEGATION HELD TALKS WITH THE PSB AUTHORITIES ON A NUMBER OF CROSS-BORDER SECURITY AND CRIME INCLUDING THE SMUGGLING OF STOLEN LUXURY VEHICLES.

EFFORTS ON THE THE COMMISSIONER IS VERY PLEASED THAT THROUGH

CARS FROM HONG KONG PART OF THE GUANGDONG PSB, EIGHT STOLEN LUXURY

AND RETURNED ΤΟ HAVE BEEN LOCATED

KONG TODAY. HONG

GUANGDONG IN

IN CONNECTION WITH THEFT OF LUXURY VEHICLES IN HONG KONG, IT IS OF THIS CRIME EXPERIENCED PLEASING TO NOTE THAT THE HIGH INCIDENCE

YEAR HAS SHOWN A BETWEEN THE LAST QUARTER OF 1992 AND JANUARY THIS MARKED DECLINE IN FEBRUARY.

A TOTAL OF 121 LUXURY CARS

302 (FOUR A DAY) COMPARED WITH

WERE FOUND MISSING IN IN JANUARY (10 A DAY).

FEBRUARY

15

ΤΟ BELIEVED

BE ATTRIBUTED ΤΟ THE DRASTIC DECREASE

THE OTHER LAW ARREST AND PROSECUTION ACTION TAKEN BY BOTH THE POLICE AND

DURING WHICH A TOTAL OF 25 ENFORCEMENT AGENCIES DURING FEBRUARY,

WITH PERSONS WERE ARRESTED

THEFT CAR

RELATED

OFFENCES.

IN

CONNECTION

51 HAVE BEEN RECOVERED SO FAR.

OF THE 121 VEHICLES REPORTED MISSING IN

THE

MONTH, AT LEAST

OF ENFORCEMENT

"THE POLICE WILL CONTINUE WITH ITS HIGH LEVEL

ACTION, MR LI SAID.

PROVISIONAL FIGURES ON RETAIL SALES FOR DECEMBER

THE VALUE OF TOTAL RETAIL SALES IN DECEMBER LAST YEAR, ESTIMATED AT $15.7 BILLION, INCREASED BY 16% WHEN COMPARED WITH THE SAME MONTH IN 1991, ACCORDING TO THE STATISTICS RELEASED TODAY (FRIDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

THE INCREASE IN RETAIL SALES REFLECTED A CONTINUED GROWTH IN SPENDING BY BOTH LOCAL CONSUMERS AND TOURISTS.

AFTER DISCOUNTING THE EFFECT OF PRICE CHANGES OVER THE TOTAL RETAIL SALES INCREASED BY 11% IN VOLUME TERMS.

PERIOD,

FOR 1992 AS A WHOLE, THE INCREASE IN RETAIL SALES WAS 18% IN VALUE AND 12% IN VOLUME.

THE INCREASE IN DECEMBER WAS MAINLY ATTRIBUTABLE LEVEL OF SPENDING ON CLOTHING AND FOOTWEAR, MOTOR VEHICLES, DURABLE GOODS OTHER THAN MOTOR VEHICLES AND JEWELLERY.

TO A HIGH CONSUMER

SALES OF CLOTHING, FOOTWEAR AND ALLIED PRODUCTS REGISTERED A SIGNIFICANT YEAR-ON-YEAR INCREASE IN DECEMBER, BY 29% IN VALUE AND 18% IN VOLUME.

/SALES OF