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Commerce and Industry
was launched to provide Hong Kong exporters, especially SMEs, with a fast and simple means of managing credit risk and buying export credit insurance.
Other Trade and Industrial Support Organisations
The Federation of Hong Kong Industries, Chinese Manufacturers' Association of Hong Kong, Hong Kong General Chamber of Commerce, Chinese General Chamber of Commerce, and Hong Kong Chinese Importers' and Exporters' Association promote the interests of, and foster relationships among, their members. There are many other associations representing specific sectors or interests, and overseas chambers of commerce.
Promotion of Competition
The government promotes sustainable competition to enhance economic efficiency and free flow of trade, thereby benefiting both consumers and businesses. The Competition Ordinance provides a legal framework to tackle anti-competitive conduct in all sectors and regards conduct such as price fixing, market sharing, bid rigging and output limitation as serious anti- competitive conduct.
Established under the Competition Ordinance, the government-appointed Competition Commission enforces the ordinance and investigates possible contraventions, promotes public understanding of the ordinance, conducts market studies and advises the government on competition matters. In 2018, it received 756 complaints and enquiries, and brought its third case to the Competition Tribunal.
Creative Industries
Create Hong Kong
Creative industries in Hong Kong cover eight sectors, namely advertising, architecture, design, digital entertainment, film, printing and publishing, television, and music. The government supports their development through Create Hong Kong (CreateHK) under the Communications and Creative Industries Branch of the Commerce and Economic Development Bureau.
Support for Film Sector
Film Development Council
The Film Development Council advises the Secretary for Commerce and Economic Development on the policies, strategies and institutional arrangements for the promotion and development of the film industry, and the use of the Film Development Fund to support the implementation of film-related activities to nurture talent for the industry's manpower and training needs, enhance local production, expand markets and build audiences.
Film Development Fund
The fund supports low- to mid-budget productions for commercial release and projects conducive to the local industry's sustainable and long-term development. In 2018, six productions for commercial release and 18 other projects beneficial to industry development received a total of $68 million from the fund. The government announced in the 2018 Policy Address a plan to inject $1 billion into the fund.
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