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When asked to give views on the suitability of Hong Kong as a regional headquarters or regional office, the majority of the respondents considered Hong Kong's banking and financial facilities as well as infrastructure as the most important and favourable factors.
Other favourable factors identified were the Government's economic policy and the availability of managerial, professional and technical skills.
had
About 71 per cent of the respondents considered that, compared with last year, the overall favourability of Hong Kong as a regional representation centre improved or had been satisfactory.
End/Tuesday, December 20, 1994
Manufacturing industries maintain high level of productivity
Hong Kong's manufacturing industries have maintained a high level of productivity, the Director-General of Industry, Miss Denise Yue, said today (Tuesday).
Speaking at a press conference introducing the report "1994 Hong Kong's Manufacturing Industries" published by the Industry Department, Miss Yue said the dollar value of gross output of Hong Kong's manufacturing industries increased at an average annual rate of about 10 per cent from $132.3 billion in 1982 to $331.2 billion in 1992. The value added per person increased more than three-fold during the same period.
"These are remarkable achievements by any measure, and they underline the continued importance of the manufacturing sector to the economic development of Hong Kong.
"But the contribution of the manufacturing sector is really much more if one takes into account the Hong Kong- owned factories in Southern China and the businesses that they have brought to Hong Kong's manufacturing-support services sector," Miss Yue siad.
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