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Hong Kong's International Financial Centre: Retrospect and Prospect

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Value Added<br />

The Four Key Industries of Contemporary <strong>Hong</strong> Kong<br />

Value added at current factor cost (HK$ MM) 2004 2005 2006 2007 2008<br />

(1) <strong>Financial</strong> services 152,900 170,300 226,000 302,000 251,800<br />

Banking 100,500 107,300 136,500 180,400 160,200<br />

Insurance<br />

17,300 17,300 19,500 23,500 22,600<br />

Other financial services<br />

(e.g. stock brokerage, asset management, finance leasing <strong>and</strong> investment,<br />

holding companies) 35,100 45,700 70,100 98,000 69,000<br />

(2) Tourism 36,900 42,700 45,300 52,300 43,800<br />

(A) Inbound<br />

27,400 31,900 35,000 40,000 36,500<br />

(B) Outbound 9,600 10,900 10,300 12,300 7,300<br />

(3) Trading <strong>and</strong> Logistics 346,900 384,900 390,100 400,100 405,900<br />

(A) Trading 279,700 315,000 318,600 329,100 343,800<br />

(B) Logistics<br />

67,200 69,800 71,500 71,100 62,100<br />

(4) Professional Services <strong>and</strong> Other Producer Services 132,400 142,200 150,000 170,900 187,200<br />

(A) Professional services 46,800 50,400 53,700 60,700 65,900<br />

Legal, accounting <strong>and</strong> auditing services 14,400 15,400 15,900 18,100 19,300<br />

Architectural, surveying, project engineering services; engineering;<br />

technical services; business management <strong>and</strong> consultancy services<br />

20,600 21,200 23,600 27,400 31,000<br />

Other professional services<br />

(e.g. information technology related services, advertising services) 11,800 13,800 14,200 15,200 15,700<br />

(B) Other producer services<br />

85,700 91,800 96,300 110,200 121,200<br />

Total GDP 1,244,800 1,332,800 1,423,300 1,552,000 1,567,900<br />

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