Economy of Wales

Shanghai's GDP expands 12pc last year

Shanghai's economy grew 12 per cent last year, extending the city's string of double-digit increases into a 15th consecutive year despite the government's cooling attempts.

Wednesday, 24 January, 2007, 12:00am

Maintenance sector dominates industry

The number of people employed in the property maintenance management industry has increased significantly in the past decade.

The sector now makes up almost 70 per cent of employees in the property industry.

26 Sep 2001 - 12:00am

Slowing growth for industrial sector continues

China's industrial output growth in May remained flat compared with April reflecting a weakening domestic demand and over-capacity and price deflation in the manufacturing sector, according to economists and government figures.

May's industrial output grew by 11.9 per cent year-on-year to 178 billion yuan (about HK$165.18 billion), the State Statistical Bureau said yesterday.

11 Jun 1997 - 12:00am

Quarter growth slumps to 3.8pc

Singapore's economic growth slowed to 3.8 per cent in the first quarter, dragged down by the biggest drop in manufacturing output for more than a decade.

The Ministry of Trade and Industry said the manufacturing sector shrank 6.7 per cent over the quarter and blamed continuing weak electronics demand.

17 May 1997 - 12:00am

More jobs in service, fewer in factories

JOBS continue to be created in Hong Kong's vibrant service sector, but the number of people employed in manufacturing has continued to decline steeply, according to latest Government figures.

In June this year, there were 443,500 people in manufacturing jobs, down 15 per cent from the same time a year ago.

11 Oct 1994 - 12:00am

Construction output for first quarter jumps by 27.1pc

CONSTRUCTION output figures for the first three months have shown a general rise in most building sectors.

The first-quarter figures for construction output released by the Census and Statistics Department yesterday showed the gross value of construction work performed by main contractors amounted to $21.6 billion.

19 Jul 1994 - 12:00am

Mainland slowdown cuts HK export rate

A SLOWDOWN in China resulted in real export growth for Hong Kong of just nine per cent in the fourth quarter of last year compared with the same period in 1992 - less than half the rate in the first quarter of last year.

But the economy posted solid growth of 5.5 per cent in the quarter although some economists were concerned about inflationary pressures.

10 May 1994 - 12:00am