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Trade and Industry Department - Support and Consultation Centre for SMEs

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SMEs in HK
Organization:Trade and Industry Department - Support and Consultation Centre for SMEs
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Details:

What are SMEs?

Manufacturing enterprises with fewer than 100 employees and non-manufacturing enterprises with fewer than 50 employees are regarded as small and medium enterprises (SMEs) in Hong Kong.

Statistics

As at September 2011, there were about 300,000 SMEs in Hong Kong. They accounted for over 98% of the total business units(1) and provided job opportunities to over 1.2 million persons, about 48% of total employment (excluding Civil Service)(1).

Most of the SMEs were in the import/export trade and wholesale industries, followed by the retail industry. They accounted for over 50% of the SMEs in Hong Kong and represented about half of SME employment.

Distribution of SMEs (as at September 2011)

 

No. of businesses in SMEs(2)

No. of persons engaged by SMEs(3)

Total(1)(4)

302 207

1 249 781

Industry

 

Manufacturing

11 228

66 803

Mining & Quarrying; Electricity & Gas Supply, and Waste Management; and Construction(4)(5)

1 143

12 118

Services 

 

 

Import/Export Trade and Wholesale

113 974

454 021

Retail(4)

45 606

142 510

Transportation, Storage, Postal and Courier Services(4)

8 276

45 994

Accommodation and Food Services

11 827

117 933

Information and Communications

10 186

40 606

Financing and Insurance(4)

17 872

61 104

Real Estate

11 836

35 979

Professional and Business Services(4)

36 521

132 242

Social and Personal Services(4)

33 738

140 471

Notes:  
(1) Figures for total business units and total employment (excluding Civil Service) are not meant to represent the overall situation and the entire labour market due to incomplete coverage of the Quarterly Survey of Employment and Vacancies. Users should bear this in mind when interpreting the respective figures.
(2) Establishments in the Central Register of Establishments with the same main business registration number (BRN) and engaged in activities of the same industry section are grouped into one business unit for the purpose of calculating the number of SMEs.
(3) Persons engaged include:
(a) individual proprietors, partners and persons having family ties with any of the proprietors or partners and working in the business unit without regular pay, who are actively engaged in the work of the business unit for at least one hour on the survey reference date;
(b) full-time salaried personnel/employees and working directors of limited companies directly paid by the business unit, both permanent and temporary, who are either at work (whether or not in Hong Kong) or temporarily absent from work (viz. those on sick leave, maternity leave, annual vacation or casual leave, and on strike) on the survey reference date; and
(c) part-time employees and employees on night/irregular shifts working for at least one hour on the survey reference date.
(4) Economic activities not covered mainly include agriculture, forestry and fishing (entire industry section); construction (other than construction sites); hawkers and retail pitches (other than market stalls); taxis, public light buses, and part of goods vehicles and inland freight water transport; monetary authorities and self-employed insurance agents with no business registration; renting and leasing of recreational and sports goods; public administration (entire industry section); work activities within domestic households; activities of extraterritorial organisations and bodies; religious organisations, authors and other independent artists, and some social and personal services. 
(5) For the construction industry, business units refer to construction sites while persons engaged refer to manual workers at construction sites only.

All figures are compiled based on the Hong Kong Standard Industrial Classification (HSIC) Version 2.0.

Source: Census and Statistics Department
Last Updated:29-12-2011
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Last Revision Date : 29 December 2011

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