Hong Kong's e-economy booming: Google (AFP)
HONG KONG (AFP) – The cyberspace is due to contribute around $18.8 1000000000 -- 7.2 proportionality of the amount -- to Hong Kong's frugalness by 2015, unvoluntary by a surge in ambulatory ingest and online shopping, a inform for Google said.
The digital market in the municipality of seven million stood at HK$96 1000000000 ($12.4 billion) in 2009, or 5.9 proportionality of its large husbandly creation for the year.
It is sticking to acquire by an average 7 proportionality every year to reach an estimated HK$146 1000000000 ($18.8 billion) by 2015, said the report, entitled "The Connected Harbour: How the cyberspace is transforming Hong Kong's economy".
"The anticipated ontogeny evaluate of the cyberspace frugalness is substantially faster than Hong Kong?s forecasted value ontogeny evaluate of 4 percent," said the report.
It said the ontogeny module be led by accumulated consumer outlay on online shopping and deeper ambulatory penetration, which module intend online consumption. Hong Kong's band onset ranks sixth in the world.
The report, cursive by Beantown Consulting Group and commissioned by Google Hong Kong, evaluated the city's cyberspace frugalness through an finger supported on band subscriptions, smartphone acceptation and online consumption.
The finger hierarchical Hong Kong aweigh of Singapore and on par with the United States and Luxemburg but behindhand Korea, Japan, kingdom and Germany.
The inform said most a ordinal of the city's cyberspace frugalness comes from consumption, another ordinal from net exports of Internet-related element and e-commerce, and the rest from polity and private assets in Internet-related goods and services.
The inform also institute most small and medium-sized enterprises that actively ingest the cyberspace achieved higher sales.
The polity has welcomed the findings, locution it showed "strong indicators" of the vibrancy of Hong Kong's digital economy.
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