Policy Address

Creative Industries

30. Cultural and creative industries contribute value added of over $100 billion year-on-year. From 2005 to 2015, the value added in nominal terms increased at an average annual rate of 7.6%.

31. Hong Kong should entrench its position as a creative hub and as a prime market for investors and buyers. In collaboration with the industry, the Government will continue to facilitate market development, nurture talent and promote cross-sector and cross-territory co-operation.

32. The Government strongly encourages creative industries such as film and design as well as animation and comics to unleash their IPR potentials and attain cross-sector synergy, paving the way to move up the value chain and pursue diversified development. The Government will expand the business matching platform to encourage more interaction among local creators, designers and brand licensors as well as small and medium enterprises (SMEs).

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