ENG-2017 — Page 131

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Commerce and Industry

Imports

In 2017, electrical machinery, apparatus and appliances, and electrical parts thereof constituted the largest share of total imports at $1,578.3 billion, followed by telecommunications and sound recording and reproducing apparatus and equipment ($736.8 billion) and office machines and automatic data processing machines ($353.9 billion). The Mainland, Taiwan and Singapore were Hong Kong's major suppliers, accounting for 46.6 per cent, 7.6 per cent and 6.6 per cent respectively of the total value of imports.

Manufacturing

With the relocation and expansion of manufacturing activities offshore since the 1980s, Hong Kong's role has evolved into a command and control centre with an increasingly globalised production network. Domestic manufacturing contributed 1.1 per cent of Gross Domestic Product (GDP) in 2016 and provided employment for 95,500 people in 2017, making up 2.5 per cent of overall employment.

Food and beverage producers were the largest employers in the manufacturing sector as at December 2017, followed by employers in the printing and reproduction of recorded media industries. Chart 1 shows the breakdown of manufacturing employment.

Chart 1

Number of People Employed by Manufacturing Sector as at December 2017

Others

32.7% (29,882)

Rubber and plastics products

(except furniture, toys, sports

goods and stationery)

2.3% (2,095)

Textiles

2.6% (2,348)

Fabricated metal products

(except machinery and equipment) 2.6% (2,393)

Electronics 2.9% (2,668)

Wearing apparel 4.4% (4,066)

Food products

and beverages

31.7% (28,971)

Printing and reproduction

of recorded media

15% (13,724)

Pharmaceuticals, medicinal chemical and botanical products 5.8% (5,295)

Services

Hong Kong is one of the world's most service-oriented economies. The services sector's share of GDP in 2016 was 92.2 per cent, and it provided employment for 3,379,600 people, making up 88.2 per cent of total employment in 2017.

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