XN000022-1995-05-08 — Page 11

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Hoverferry services to Mui Wo, Peng Chau and Cheung Chau will continue to operate from the existing Government Pier on Pier Road until further notice.

Also with effect from May 9, CMB routes no 3A plying between Central and Felix Villas, nos 11 and 511 plying between Central and Jardines's Lookout, no 25 plying between Central and Tin Hau Temple Road, no 91 plying between Central and Ap Lei Chau Estate and no 94 plying between Central and Lei Tung Estate will be extended to terminate at the bus terminus on the east bund of the new reclamation area, which is currently observed by CMB route nos 4, 7, 37 and 71.

Appropriate directional signs will be provided in the vicinity of the concerned piers to guide passengers.

Members of the public may also make use of the enquiries hotline to obtain information on changes of ferry and bus services. The HYF enquiry hotline number is 2542 3082 and the CMB enquiry hotline number is 2565 8556.

End/Monday, May 8, 1995

Gross Domestic Product for the 4th quarter of 1994

In the fourth quarter of 1994, Hong Kong's Gross Domestic Product (GDP) grew by 5.1% in real terms over the same quarter in 1993. For 1994 as a whole, GDP grew by 5.5% in real terms, same as the estimate released in March this year. These are shown in the estimates released today by the Census and Statistics Department.

Among the main components of the GDP estimates, Private Consumption Expenditure grew by 4.9% in real terms in the fourth quarter of 1994 over the same quarter in 1993.

There was a moderating trend in the growth rate of Private

Consumption Expenditure over the course of last year.

Over the same period, Government Consumption Expenditure (defined in national accounts terms) increased only modestly, by 2.6% in real terms.

Gross Domestic Fixed Capital Formation, on the other hand, continued to grow significantly, by 13.9% in real terms in the fourth quarter of 1994 over the same quarter in 1993. Within this component, expenditure on construction showed an increase of 14.2%, while expenditure on machinery and equipment recorded a substantial growth of 20.0%.