
AI-generated summary
Hong Kong SAR Chief Executive Lee Ka-chiu announced the first five-year economic and social development plan at the Legislative Council meeting.
China News Service, Hong Kong, September 16th The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, announced the "First Five-Year Plan for the Economic and Social Development of the Hong Kong Special Administrative Region (2026-2030)" (referred to as the "Hong Kong First Five-Year Plan") at the Legislative Council meeting of the Hong Kong Special Administrative Region on the 16th. He said that the SAR government will expand the scale of Hong Kong's arts and creative industries. It is expected that by 2030, the added value of the arts and creative industries will increase to HK$170 billion, and the number of employees will increase to 228,000.
Li Jiachao pointed out that the SAR government will develop diversified literary, artistic and creative industries and improve a sustainable industrial ecosystem. Support the sustainable development of the West Kowloon Cultural District, leverage its advantages and help build Hong Kong’s cultural and creative industry chain. Make good use of the advantages of the gathering of Chinese and foreign cultures to promote innovative international communication and cultural and creative industry cooperation, actively explore overseas markets, and cultivate new cultural and creative projects. Strengthen Hong Kong’s role as an international art trading platform, deepen cooperation with Art Basel, and consolidate Hong Kong’s status as the only host city in the region.
In terms of talent policy, Li Ka-chao said that he will improve the cultural and creative talent pool, support the Hong Kong Academy for Performing Arts and the West Kowloon Cultural District Authority in cultivating local arts workers, and reform the arts troupe funding system to promote high-quality development and continuous innovation in the industry. At the same time, we will leverage market power to attract private market participation and investment.
AI outlook — possibilities, not facts
The added value of the cultural and creative industries will increase to HK$170 billion by 2030
Likely · Within months

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