According to the results of the 2006 Annual Survey of Industrial Production released on November 29 by the Census and Statistics Department (C&SD), the gross output of the manufacturing sector amounted to $171.3 billion in 2006, up by 5.0% from a year earlier.
The gross surplus of the manufacturing sector increased by 0.7% over a year earlier to $20.1 billion in 2006.
The value added of the manufacturing sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, amounted to $48.0 billion in 2006, or an increase of 1.3% from a year earlier.
Within the manufacturing sector, the largest broad industry groups in terms of value added in 2006 were (1) printing and industry; (2) machinery and equipment industry; and (3) textiles (including knitting) industry. They together accounted for 81.5% of the total value added of the whole sector.
Comparing 2006 with a year earlier, increases in value added were observed in broad industry groups, namely the textiles (including knitting) industry (11.8%); and machinery and equipment industry (11.0%).
On the other hand, the value added of the wearing apparel (except knitwear and footwear) industry decreased by 28.9%; other miscellaneous manufacturing industries by 13.8%; printing industry by 2.2%; and chemical products industry by 0.8%.
The gross surplus of the manufacturing sector increased by 0.7% over a year earlier to $20.1 billion in 2006.
The value added of the manufacturing sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, amounted to $48.0 billion in 2006, or an increase of 1.3% from a year earlier.
Within the manufacturing sector, the largest broad industry groups in terms of value added in 2006 were (1) printing and industry; (2) machinery and equipment industry; and (3) textiles (including knitting) industry. They together accounted for 81.5% of the total value added of the whole sector.
Comparing 2006 with a year earlier, increases in value added were observed in broad industry groups, namely the textiles (including knitting) industry (11.8%); and machinery and equipment industry (11.0%).
On the other hand, the value added of the wearing apparel (except knitwear and footwear) industry decreased by 28.9%; other miscellaneous manufacturing industries by 13.8%; printing industry by 2.2%; and chemical products industry by 0.8%.
