The government has vowed to leverage Hong Kong's strengths to make the SAR an international cultural exchange centre, as it unveiled a development plan with dozens of measures for the city's creative industries.
The Blueprint for Arts and Culture and Creative Industries Development spells out four key directions -- promoting Chinese culture, developing diverse creative industries, building an international platform for cultural exchanges, and refining the ecosystem for creative industries.
It also includes 71 measures covering industries such as film, music, and performing arts.
Around half of the initiatives have commenced, with the remaining beginning from next year.
The ultimate goal, the administration said, is to turn Hong Kong into an "East-meets-West" centre for international cultural exchange.
Culture, sports and tourism minister Kevin Yeung on Tuesday said the blueprint is a "macro policy document" that is not "cast in stone".
"One unique aspect of art and creative industries is that they evolve over time with social development. The specific measures won't remain unchanged," Yeung said.
"We'll keep an open mind when discussing with industry stakeholders. We'll review priorities for individual development paths and measures, explore new ideas aligned with the blueprint's vision and principles, and provide support with our resources."
Authorities hope the economic benefit generated by creative industries will go from HK$122 billion in 2022 to HK$200 billion by 2034.
Another goal is for the number of jobs generated by such sectors to rise from more than 220,000, to 264,000 over the same period.
The measures include establishing a museum in the Northern Metropolis on the nation's development and achievements; displaying works of local artists and designers in government offices and buildings as a bid to make Hong Kong the "capital of creativity"; and promoting the city's unique pop culture on the mainland and around the world.
On enhancing the ecosystem, the blueprint mentions a comprehensive review of the current funding mechanism for arts groups.
Yeung said groups could be added to, or removed from, the subsidised list, although not based on one individual factor.
“Over time, we aim to maintain a balance in our different funding systems by considering various factors, and we plan to keep this approach in the future," Yeung said.
"We look at things like the individual art level, audience response, the impact on promoting sector growth, and whether the ideas are innovative. All these factors could serve as criteria when we update the funding mechanism."
The blueprint puts an emphasis on participation from the whole of society and it shouldn't only be the government that pours in resources for arts and culture, the minister added.