New Study Shows Hong Kong’s Exhibition Industry Worth Billions to the City

Home / News /

New Study Shows Hong Kong’s Exhibition Industry Worth Billions to the City

A new Economic Impact Study released today on the Hong Kong exhibition industry reveals that exhibitions are contributing more than ever before to Hong Kong’s economy.

 

In 2012, the calendar year covered by the study, the exhibition industry was responsible for a substantial HK$40.8 billion of expenditure in Hong Kong, a rise of 14% from the figures for 2010 and a 6.7% compound annual growth rate (CAGR) from 2010. This amount represents 2.0% of Hong Kong’s overall GDP, an exceptionally strong contribution from an industry that often slips under the radar of the city’s major performers.

 

The study reveals that the exhibition industry is responsible for other significant economic benefits too. Fiscal benefits amounting to around HK$1.4 billion for 2012 were identified, representing a 13% CAGR since 2010.

 

Fiscal benefits are those taken by the government in the form of salary, profits and airport taxes on people and companies involved in the exhibition industry. Also assessed were the employment opportunities generated by the exhibition industry. For 2012, the industry was estimated to provide 69,600 Full Time Equivalent (FTE) employments— a CAGR from 2010 of 0.3%.

 

Read More

Contortionist French Riviera, contortionist nice, contortionist Monaco, contortionist cannes, contortionist Côte d’Azur, corporate entertainment, event entertainment, circus artists, contortionist, live performances, Hotel Hyatt Palais de la Mediterrannée, Nice, French Riviera, Promenade des Anglais, corporate event, entertainment agency, talent booking
Our contortionist in Nice
LED Cyr wheel, Grenoble event, Grenoble entertainment, Grenoble artist, led cyr wheel Grenoble, Gala dinner entertainment, Professional football club event, Multidisciplinary artist, Cirque du Soleil performer, Auction, Alexpo de Grenoble, Wow acts, LED juggling, Grenoble Football Club
LED cyr wheel artist at Aleppo Grenoble
Qatar Total Energies Open, Open 2024, Tennis Open 2024, Total Energies Open Event, jumpers, jumping artists, rope jumpers, jumpers show, Qatar Event, Qatar Show, Doha Event Artists, WTA Event, Fan Family Zone
Our jumpers in Qatar

Latest News

Contortionist French Riviera, contortionist nice, contortionist Monaco, contortionist cannes, contortionist Côte d’Azur, corporate entertainment, event entertainment, circus artists, contortionist, live performances, Hotel Hyatt Palais de la Mediterrannée, Nice, French Riviera, Promenade des Anglais, corporate event, entertainment agency, talent booking
LED Cyr wheel, Grenoble event, Grenoble entertainment, Grenoble artist, led cyr wheel Grenoble, Gala dinner entertainment, Professional football club event, Multidisciplinary artist, Cirque du Soleil performer, Auction, Alexpo de Grenoble, Wow acts, LED juggling, Grenoble Football Club
Qatar Total Energies Open, Open 2024, Tennis Open 2024, Total Energies Open Event, jumpers, jumping artists, rope jumpers, jumpers show, Qatar Event, Qatar Show, Doha Event Artists, WTA Event, Fan Family Zone

Quick Enquiry