Today, Hong Kong is very much a service based economy with the service sector accounting for 90% of Hong Kong's GDP. Our retail industry ranks among the 1st largest service sector along with restaurants, hotels, wholesale, import/export and accounts for 27.5% of Hong Kong's GDP. Total retail sales for the year 2005 amounted to HK$204.6 billion dollars and employs a retail workforce of around 221,927 persons with about 55,672 retail establishments.

As the first most important service industry in Hong Kong, it creates wealth directly and indirectly for the people of Hong Kong, it serves the public in all conceivable forms and it creates job opportunities. Our industry is an inseparable part of the economy and will continue to contribute to the growth and prosperity of Hong Kong.

This section aims to provide readers with the relevant statistics and data on Hong Kong's retail industry and highlights some of the current key trends.