Policy Address
Creative Industries53. Hong Kong's cultural and creative industries have grown at a rate faster than the overall economy in recent years. From 2005 to 2012, the value added of the cultural and creative industries increased rapidly at an average annual rate of 9.4%.
54. During the same period, the value added of the design sector has tripled and the number of jobs increased by nearly 50%. We will maintain our support for the Hong Kong Design Centre, and provide subsidies to enable more local young designers and design graduates to undertake internship or further their studies overseas. We will also consider expanding the Design Incubation Programme.
55. Going to the cinema is a major form of entertainment for the public. The Government will consider reserving space for cinemas in major cultural and entertainment development areas, and will explore ways to facilitate cinema development through land sale and planning.
56. We will continue to promote the development of Hong Kong's film industry through a four-pronged strategy. We will:
- encourage more local film production;
- nurture production talent;
- promote film appreciation among students and young people to build up audiences; and
- showcase and promote the brand of "Hong Kong Films" in the Mainland, Taiwan and overseas markets, facilitate the participation of local films in international film festivals, and help drive Hong Kong's development as a film financing platform in Asia.
57. We will inject funding into the Film Development Fund to support the above strategy.
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