Policy Address

Foster the Development of Local Cultural and Creative Industries

179. Last year, I announced plans to develop Hong Kong into a fashion design hub in Asia. This year, Hong Kong Fashion Fest will promote digital fashion and sustainable fashion in collaboration with Paris Fashion Week and Milan Fashion Week.

180. Over the past three years, films funded by the Cultural and Creative Industries Development Agency (CCIDA) through the Film Development Fund have accounted for nearly 30% of Hong Kong films box office receipts. The CCIDA will enhance publicity, exchanges, and business matching overseas and in the Mainland.

181. The CCIDA proactively assists Hong Kong cultural and creative designers in producing more cultural and creative products with Chinese and Hong Kong cultural features, and in the incubation of local cultural IP. It will continue to support the enhancement of the Asia IP Exchange Portal, to strengthen support for local original works to enter the Mainland and international markets.