Economic activities Production Consumption Savings and economic development Investment and economic development

From production to consumption Growing fruit Making fruit juice

From production to consumption Bottling Storage

From production to consumption Wholesale批發 or retail 零售

2. Name the people who take part in the production process. Farmers, factory workers, drivers, warehouse staff etc. 3. How do production, marketing and consumption benefit the public and society? By meeting our daily needs, offering jobs, promoting the development of different industries, enhancing economic growth etc.

Saving and economic development Angie saves her pocket money in the bank. How does the bank use the money? 1 3 2 People deposit their money in the bank. 4 The bank makes loans to business starters 創業 The bank makes loans 貸款 to property investors物業投資者 Promote economic growth 促進經濟發展 If no one saves money in the bank, will Hong Kong’s economy prosper 繁榮? Why? No. Because people cannot take out loans from the bank to start business or investment.

Deposit Loan Interest (0.07%) Interest (2.25%)

Investment and economic development Starting business Investing in stocks Production 製造, consumption 購買, savings 儲蓄 and investment 投資 are examples of economic activities 經濟活動. They help economic development.

External Trade Advantages Benefits to Economic Development

What is external trade對外貿易? What are the advantages好處? 1. What are some of the imports in Hong Kong? 3 1 2 Clothes Food Household goods日用品 2. If there are no imports, what will happen to our lives? Hong Kong lacks natural resources, so we depend largely on imports for necessities 必需品 such as food, water and raw materials. If there are no imports, many of our basic needs will not be met.

Exports Look at the Government’s latest yearbook and find the major exports of Hong Kong. 1 2 1 3 2 3 According to the report in 2011, Hong Kong major domestic exports are: 1. Jewellery, goldsmiths’, silversmiths’ wares首飾、金器、銀器, 2. Plastics in primary forms 初級形狀塑膠, 3. Metalliferous ores, metal scraps; non-ferous metals (礦物,金屬廢料,非鐵金屬)

Exports Look at the Government’s latest yearbook and find the major exports of Hong Kong. 1 2 1 3 2 3 According to the report in 2011, three major export markets of Hong Kong: Mainland China USA Japan

Benefits好處 of international trade US businessmen sell machinery to the Mainland: Hong Kong businessmen import machinery from the USA and then re-export it to the Mainland. Mainland businessmen sell goods to the U.S.A. : Hong Kong businessmen import goods from the Mainland and then re-export it to the U.S.A. Is external trade important to the economic development of Hong Kong? Why or why not? Local goods can be exported to make profits; Re-export trade promotes related industries in Hong Kong.

import export re-export Benefits好處 of international trade US businessmen sell machinery to the Mainland: Hong Kong businessmen import machinery from the USA and then re-export it to the Mainland. Mainland businessmen sell goods to the U.S.A. : Hong Kong businessmen import goods from the Mainland and then re-export it to the U.S.A. Is external trade important to the economic development of Hong Kong? Why or why not? import External trade in Hong Kong includes ___________, ______________ and _________________ trade. export re-export

Benefits好處 of international trade Look at the pictures. What industries has been promoted by the external trade in Hong Kong? 1 2 育才貨倉 3 大眾保險 接待處 Transport 運輸業 Logistics 物流業 Insurance 保險業

Warehouse management 倉務管理 What do the logistics and transport industries do before the goods reach the market? Warehouse management 倉務管理 Provide storage service. 儲存貨物的空間及保存服務

Value-added services 增值服務 What do the logistics and transport industries do before the goods reach the market? Value-added services 增值服務 Provide services such as packaging包裝 and labelling 貼商標及價格標籤服務

What do the logistics and transport industries do before the goods reach the market? Stock management 貨存管理 Provide real time stock access即時貨存紀錄 using IT tools

What do the logistics and transport industries do before the goods reach the market? Distribute goods to different destinations Trade between Hong Kong and other places promotes the development of service industry such as the __________ and ___________ industries. logistics transport

Financial Industry Different services Hong Kong world status

Financial industry 金融業 What are the services provided by the financial industry in HK? D. Gold and silver exchange 金銀業 Insurance 保險 E. Foreign exchange 外匯

Financial industry 金融業 What are the services provided by the financial industry in HK? Banking 銀行業 C. Stock exchange 證券業

Find out the ranking of Hong Kong’s financial industry in Asia and in the world. World’s No Stock Market 股票市場 Asia’s No World’s No Foreign exchange market 外匯市場 6 Bank Centre 銀行中心 3 10

Tourism Related industries Benefits to economic development

Is tourism 旅遊業 important to Hong Kong? 100 90 80 70 60 50 40 30 20 10 Total spending (%) Shopping Hotel Catering 膳食 Signtseeing 觀光 Others Entertainment 娛樂

Is tourism 旅遊業 important to Hong Kong? What industries can benefit from tourism? Retail零售業, catering 飲食業, hotel 酒店業, transport and foreign exchange 3 1 2

___________ is a major economic sector in Hong Kong. It benefits related industries, creates jobs and brings in foreign income. Tourism