ENG-2020 — Page 134

Hong Kong Year Books 香港年報 All

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Commerce and Industry

Promotion of Competition

The government promotes sustainable competition to enhance economic efficiency and the free flow of trade, benefiting both consumers and businesses. The Competition Ordinance provides a legal framework to tackle anti-competitive conduct in different sectors. Serious anti- competitive conduct under the ordinance includes price fixing, market sharing, bid rigging and output limitation.

Established under the ordinance, the government-appointed Competition Commission enforces the ordinance and investigates possible contraventions, promotes public understanding of the ordinance, carries out market studies and advises the government on competition matters. In 2020, the commission received over 600 complaints and enquiries and brought three cases to the Competition Tribunal.

In 2020, the tribunal ruled in favour of the commission in three cases.

Creative Industries

Create Hong Kong

Hong Kong's creative industries cover eight sectors: advertising, architecture, design, digital entertainment, film, music, printing and publishing, and television. The government supports their development through Create Hong Kong (CreateHK), under the Commerce and Economic Development Bureau's Communications and Creative Industries Branch.

Support for Film Sector

Film Development Council

The Film Development Council advises the Secretary for Commerce and Economic Development on the policies, strategies and arrangements to promote and develop the film industry, and the use of the Film Development Fund to support film-related projects and activities to nurture talent, enhance local production, expand markets and build audiences.

Film Development Fund

The fund supports commercial productions and other film-related projects to sustain and develop the industry. The government has injected a total of $1.54 billion into the fund since 2005. Four commercial productions and 25 other film-related projects received a total of around $118 million from the fund in 2020.

Nurturing Talent

The First Feature Film Initiative identifies new directors through a competition on screenplay and production proposals, and fully subsidises the winners to make their first feature-length commercial films. In 2020, five new projects won production grants and two past winners' films were released commercially.

CreateHK also works with the industry to provide local and overseas training in different areas of filmmaking, including post-production services.

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