Task A: What-if Analysis

1 Impact of Mainland Visitors on HK Economy Data source: http://www.chinadailyasia.com/hknews/2014-06/04/content 15138347.html http://www.tourism.gov.hk/english/statistics/statistics_perform.html http://www.gov.hk/en/about/abouthk/factsheets/docs/employment.pdf 6 http://www.tradingeconomics.com/hong-kong/unemployment-rate 7 http://hk.centadata.com/cci/cci_e.htm 8 **Please refer to the hyperlinks above for details of the terms CO 10 Tourism Income Statement for Hong Kong 2013 HK$ 11 12 Visitor Information 13 Total visitor arrivals 54,298,804 14 Mainland visitor arrival 40,700,000 15 Mainland visitor as % of total visitor arrivals 75 16 Number of days in 2013 365 17 Avg. Number of mainland visitor arrival per day 111,507 18 19 Revenue 20 Total HK retail sales 500,000,000,000 21 % HK retail sales contributed by mainland visitors 36 22 Every Mainland visitors' contribution HK retail sales on average 1,614,251 23 Mainland visitors' contribution HK retail sales 180,000,043,014 24 25 Gross Domestic Product (GDP) 26 Mainalnd visitors' contribution as % of HK GDP 8.90 27 HK GDP 2,022,472,393,412