Hong Kong's Culture Secretary Kevin Yeung Promotes Creative Collaboration During Paris Visit

SCST continues visit to Paris

The Secretary for Culture, Sports and Tourism, Mr Kevin Yeung, continued his visit to Paris, France, yesterday (September 5, Paris time).

Mr Yeung explored for stronger collaboration between the two places on creative industry and design with the President-Executive of SAFI (parent company of Maison&Objet), Mr Philippe Delhomme, as well as the Partnerships and Special Events Manager of Maison&Objet and Paris Design Week, Ms Audrey Joly, in the morning. Mr Yeung said that the Hong Kong Special Administrative Region Government has clear policy on development of cultural and creative industries to support Hong Kong as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. He expressed hope that Hong Kong and Paris would establish close co-operation, setting up an exchange platform for designers on both sides.

Mr Yeung later officiated at the opening ceremony of Hong Kong Design On Stage in the venue. In his opening remark, he said that with the theme "Improved Urban Lifestyle - Conscious Design", Hong Kong Design On Stage showcases innovate ideas of 10 Hong Kong designers. The exhibition will be shown in Hong Kong this December for the talented Hong Kong designers to gain more exposure to the industry and showcase the power of Hong Kong's design.

Mr Yeung at noon witnessed the signing of memorandum between the Assistant Commissioner for Cultural and Creative Industries, Mrs Lowell Cho, and Mr Philippe Delhomme to establish long term co-operation in creative industry and design, with a view to enhancing Hong Kong's reputation as the East-meets-West centre for international cultural exchange.

Mr Yeung then met with the Executive President of the Fédération de la Haute Couture et de la Mode, Mr Pascal Morand, to learn about the development of fashion industry in France. Mr Yeung also briefed Mr Pascal Morand on Hong Kong Fashion Design Week and extended an invitation to them to join the event. Moreover, Mr Yeung introduced to Mr Pascal Morand Hong Kong's recent development as a mega events capital. With France's long history and high reputation as a fashion capital, representatives from Hong Kong and France exchanged views to strengthen collaboration in organising mega events on both sides.

In his subsequence visit to the Paris Design Week, Mr Yeung learned about how the annual event creates a platform for French and emerging international designers to showcase their talent.

​Mr Yeung today (September 6, Paris time) will continue his visit in Paris and call on the Chinese Ambassador to France, Mr Lu Shaye, and brief him on Hong Kong's latest development in culture, sports and tourism.

SCST continues visit to Paris Source: HKSAR Government Press Releases

SCST continues visit to Paris Source: HKSAR Government Press Releases

SCST continues visit to Paris Source: HKSAR Government Press Releases

SCST continues visit to Paris Source: HKSAR Government Press Releases

SCST continues visit to Paris Source: HKSAR Government Press Releases

New Capital Investment Entrant Scheme releases online application platform, reports promising increase in application figures

Invest Hong Kong (InvestHK) announced today (September 16) that the applicants of the New Capital Investment Entrant Scheme (the New CIES) can now submit application forms for Net Asset Assessment and Assessment on Investment Requirements online. The application details can be found on the New CIES website (www.newcies.gov.hk/en/apply-now).

InvestHK will continue to accept paper application forms for Net Asset Assessment or Assessment on Investment Requirements from applicants on or before October 15. InvestHK also reminds that before submitting online application forms for Net Asset Assessment or Assessment on Investment Requirements, the applicant is required to engage a Certified Public Accountant (Practising) as defined in the Accounting and Financial Reporting Council Ordinance (Cap. 588 of the Laws of Hong Kong) at his/her own cost to issue fulfilment documents, to assist in demonstrating his/her fulfilment of the relevant requirements under the New CIES. For the guide on preparation of fulfilment documents, an applicant can refer to the relevant document and the circular published by the Hong Kong Institute of Certified Public Accountants as provided on the New CIES website (www.newcies.gov.hk/en/resources/scheme-rules-and-documents).

In addition, InvestHK has continuously seen a strong response since the launch of the New CIES on March 1, and here are the key numbers of the New CIES as of September 13.

Number of enquiries

Over 5 000

Number of applications

Over 500

Applications verified as having fulfilled the Net Asset Requirement

(i.e. applicant has net assets of not less than HK$30 million in the two years preceding his/her application）

448

Applications verified as having fulfilled the Investment Requirements

(i.e. applicant has already made investment of HK$30 million in Hong Kong within the six-month time limit)

47

Expected investment amount to be brought into Hong Kong

Over HK$15 billion

The Director-General of Investment Promotion, Ms Alpha Lau, said, "The increasing New CIES application figures reflect the strong confidence from high-net-worth individuals in Hong Kong. The Scheme attracts successful businessmen and innovative entrepreneurs, and enhances the strengths of Hong Kong's asset and wealth management industry. InvestHK will continue the promotion and publicity efforts on the New CIES and also encourages applicants to use the online application platform as early as possible to save time spent on filling out paper application forms, and to enjoy more convenient and efficient application services.

​

For more information on the eligibility criteria and relevant details, please visit the New CIES website (www.newcies.gov.hk). For enquiries, please call the enquiry hotline at 3904 3001 or email to newcies@investhk.gov.hk.

Source: AI-generated images