The Times Australia
Fisher and Paykel Appliances
News From Asia

.

Hong Kong Design Centre Welcomes the Additional Resources to Foster the Development of Hong Kong into an East-meets-West Centre for International Cultural Exchange in 2023-24 Budget Address

HONG KONG SAR - Media OutReach - 23 February 2023 - Hong Kong Design Centre (HKDC) strongly supports the 2023-24 Budget Address delivered by the Financial Secretary, Mr Paul Chan, on fostering the development of Hong Kong into an East-meets-West Centre for international cultural exchange, in particular the injection of additional resources into the CreateSmart Initiative to support the creative industries for encouraging more cross-sectoral and cross-genre collaboration on creative and cultural programmes.



HKDC Chairman, Prof. Eric Yim, remarked, 'The unleash of the design power in Hong Kong could help enhance the competitiveness and better fulfil our key roles under the 14th Five-Year Plan. Taking advantage of these immense opportunities, HKDC will strengthen our mission of raising Hong Kong's position as an international design centre in Asia through signature events like Business of Design Week (BODW) and other programmes. We will continue to work closely with different partners and stakeholders to strengthen the creative industries and foster the continuous growth of the design economy.'

Hong Kong's positioning as an East‑meets‑West centre for international cultural exchange has been laid out clearly as one of the major directions for Hong Kong and its crucial roles in national development, in accordance with the 14th Five-Year Plan. In fulfilling this role, HKDC believes a comprehensive blueprint for fostering the development of the Design Industry and Economy including nurturing a diverse talent pool, enriching arts, cultural and creative content as well as upgrading cultural infrastructure is crucial not only to bring significant cultural values to Hong Kong but also make the design industry become a main driver of economic and environmental values to the wider economy and community.

HKDC welcomes the additional resources for the CreateSmart Initiative and funding support to be provided to implement the flagship events and incubation programmes. Business of Design Week (BODW), HKDC's annual flagship event since 2002, Design Incubation Programme (DIP) and Fashion Incubation Programme (FIP) serve the roles in facilitating creative exchanges and showcasing Hong Kong and Mainland talents to the rest of the world as well as nurturing the design talents.


Hashtag: #HKDC




The issuer is solely responsible for the content of this announcement.

About Hong Kong Design Centre

A non-governmental organisation registered in 2001 and established in 2002, Hong Kong Design Centre (HKDC) is a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being. Learn more about us at .

Times Magazine

Can bigger-is-better ‘scaling laws’ keep AI improving forever? History says we can’t be too sure

OpenAI chief executive Sam Altman – perhaps the most prominent face of the artificial intellig...

A backlash against AI imagery in ads may have begun as brands promote ‘human-made’

In a wave of new ads, brands like Heineken, Polaroid and Cadbury have started hating on artifici...

Home batteries now four times the size as new installers enter the market

Australians are investing in larger home battery set ups than ever before with data showing the ...

Q&A with Freya Alexander – the young artist transforming co-working spaces into creative galleries

As the current Artist in Residence at Hub Australia, Freya Alexander is bringing colour and creativi...

This Christmas, Give the Navman Gift That Never Stops Giving – Safety

Protect your loved one’s drives with a Navman Dash Cam.  This Christmas don’t just give – prote...

Yoto now available in Kmart and The Memo, bringing screen-free storytelling to Australian families

Yoto, the kids’ audio platform inspiring creativity and imagination around the world, has launched i...

The Times Features

The rise of chatbot therapists: Why AI cannot replace human care

Some are dubbing AI as the fourth industrial revolution, with the sweeping changes it is propellin...

Australians Can Now Experience The World of Wicked Across Universal Studios Singapore and Resorts World Sentosa

This holiday season, Resorts World Sentosa (RWS), in partnership with Universal Pictures, Sentosa ...

Mineral vs chemical sunscreens? Science shows the difference is smaller than you think

“Mineral-only” sunscreens are making huge inroads[1] into the sunscreen market, driven by fears of “...

Here’s what new debt-to-income home loan caps mean for banks and borrowers

For the first time ever, the Australian banking regulator has announced it will impose new debt-...

Why the Mortgage Industry Needs More Women (And What We're Actually Doing About It)

I've been in fintech and the mortgage industry for about a year and a half now. My background is i...

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose[1] to a 16-month high of 3.8% in October, adding to pressure on the govern...

Transforming Addiction Treatment Marketing Across Australasia & Southeast Asia

In a competitive and highly regulated space like addiction treatment, standing out online is no sm...

Aiper Scuba X1 Robotic Pool Cleaner Review: Powerful Cleaning, Smart Design

If you’re anything like me, the dream is a pool that always looks swimmable without you having to ha...

YepAI Emerges as AI Dark Horse, Launches V3 SuperAgent to Revolutionize E-commerce

November 24, 2025 – YepAI today announced the launch of its V3 SuperAgent, an enhanced AI platf...