Survey a litmus of industrial power

Last year, due to the slowdown in demand for locally produced cement and concrete for construction, coupled with the reduced production of food products & beverages, and further shrinkage of the traditional apparel manufacturing industry, total receipts of the local manufacturing sector decreased by 5.9 per cent year-on-year to MOP7.13 billion, according to data from the Statistics and Census Service (DSEC) Industrial Survey 2015. Of manufacturing Total Receipts, the Value of Production (MOP7.0 billion) shrank 6.4 per cent. Meanwhile, Intermediate Consumption (MOP4.97 billion) fell by 12.1 per cent – owing to the reduction of raw materials used. As the decline in Total Receipts was smaller than the decrease in Intermediate Consumption, both the Gross Value Added (MOP2.16 billion) and the Gross Surplus (MOP805 million) rose by 12.8 per cent and 36.5 per cent, respectively. Also in the industrial sector, with an increase in local electricity generation, Total Receipts (MOP3.36 billion) and Intermediate Consumption (MOP992 million) of the Electricity, Gas & Water Supply sector increased by 8.4 per cent and 14.7 per cent, respectively, year-on-year; Gross Value Added (MOP2.37 billion) and Gross Surplus (MOP1.78 billion) rose by 5.9 per cent and 15.0 per cent.  The Industrial Survey covers the Mining & Quarrying, Manufacturing and Electricity, Gas & Water Supply sectors. In 2015, there was no active establishment in the Mining & Quarrying sector. Overall industrial sector  Total Receipts of the industrial establishments in Macau decreased by 1.7 per cent year-on-year to MOP10.50 billion in 2015; meanwhile, Intermediate Consumption (MOP5.97 billion) and Compensation of Employees (MOP1.94 billion) dropped by 8.6 per cent and 3.5 per cent, respectively.  As the decline in costs outpaced the decrease in receipts, the Gross Surplus grew by 20.9 per cent to MOP2.59 billion. Gross Value Added – which measures the sectorial contribution to the economy – amounted to MOP4.53 billion, up 9.1 per cent.  Some 898 establishments were operating in industrial production, a year-on-year increase of 35 establishments, all of which were manufacturing establishments employing less than 30 persons. The total number of persons engaged decreased by 420 to 11,888. DSEC data also shows establishments in the Manufacturing sector increased by 35 year-on-year to 892; establishments in Manufacture of Food Products & Beverages rose by 32, Publishing & Printing establishments went up by 24, and establishments in Manufacture of Textiles, Wearing Apparel, etc. decreased by a total of 19. Total number of persons engaged dropped by 407 to 10,804. Establishments in the Electricity, Gas & Water Supply sector remained at 6. The number of persons engaged totalled 1,084, similar to that of 2014. Different industries  In the manufacturing sector, analysed by industry, Total Receipts of Manufacture of Cement & Concrete (MOP2.03 billion) decreased by 8.3 per cent as demand for locally produced cement and related products in construction dwindled; Intermediate Consumption shrank by 16.9 per cent owing to a reduction in raw materials used; Gross Value Added (MOP506 million) rose by 33.6 per cent and Gross Surplus (MOP399 million) grew by 43.6 per cent.  Total Receipts of Manufacture of Food Products & Beverages (MOP1.73 billion) declined by 3.9 per cent after rising for 6 consecutive years; Intermediate Consumption (MOP1.04 billion) dropped by 14.8 per cent as expenditure on raw materials fell upon reduced production and promotion expenses shrank. Reduction in costs brought Gross Value Added (MOP684 million) and Gross Surplus (MOP171 million) up by 19.2 per cent and 62.2 per cent.  Principal indicators of Publishing & Printing pointed upward, with Total Receipts (MOP762 million), Gross Value Added (MOP308 million) and Gross Surplus (MOP39.72 million) rising 20.0 per cent, 24.1 per cent and 85.6 per cent, respectively.  Meanwhile, Total Receipts of Manufacture of Wearing Apparel decreased by 15.6 per cent year-on-year to MOP525 million, of which receipts of Manufacture of Garments (MOP413 million) dropped by 26.2 per cent while receipts of Manufacture of Tailor Made Clothing (MOP 112 million) rose by 80.3 per cent. Total Receipts of Manufacture of Chinese Medicine (MOP29.39 million) increased by 12.6 per cent, representing two consecutive years of growth.