Political situation
Written by: Luo Jiaqing
2021-06-07 23:24
Last update date: 2021-06-07 23:25
Chief Executive Carrie Lam Cheng Yuet-ngor, Secretary for Home Affairs Xu Yingwei and Deputy Secretary for Commerce and Economic Development Chen Baili attended an online seminar organized by Art Basel today (7th), introducing Hong Kong’s multiple competitions as an international art and cultural hub Advantage.
Lam Cheng said that Hong Kong has always been a hub for international art and cultural exchanges between the East and the West, and has signed a memorandum of cooperation on cultural cooperation with 20 countries to jointly promote cultural activities. The scope of cooperation includes personnel exchanges, education, training, research, and business matching.
She also pointed out that the Leisure and Cultural Services Department has also signed a memorandum of cooperation with world-renowned museums, such as the British Museum and the Uffizi Gallery in Italy, to strengthen cultural exchanges and cooperation.
The M+ Museum, which is expected to open at the end of this year, and the Hong Kong Palace Museum, which will open in the middle of next year, Lam Cheng pointed out, together with the refurbished and expanded Hong Kong Museum of Art, will become new cultural landmarks next to the Victoria Harbour.
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Lam Cheng said at the meeting that Hong Kong is rapidly developing into a major global art trading center. Its competitive advantages include low tax rates and a simple tax system. It does not impose customs duties, value-added taxes or inheritance taxes on artworks, and citizens and artists enjoy freedom of expression. And a sound intellectual property protection system, and can provide collectors with comprehensive private wealth management services.
Lam Cheng emphasized that the professionalism and enthusiasm of the Hong Kong Museum has been recognized by many collectors and artists. In addition, Hong Kong has a wealth of private collections, and many collectors are supporters of Hong Kong public museums.
Refers to the decline in commercial property market rents affected by the epidemic, which is the timing of well-known artists' expansion in Hong Kong
The M+ Museum, which is expected to open at the end of this year, and the Hong Kong Palace Museum, which will open in the middle of next year. Carrie Lam, together with the refurbished and expanded Hong Kong Museum of Art, will become new cultural landmarks next to the Victoria Harbour. Other venues such as Tai Kwun and Yuan Chuang Fang In addition, in recent years, private developers have introduced artistic elements into their properties, so that the public can now experience a wealth of artistic and cultural activities throughout Hong Kong.
Lam Cheng said that Hong Kong has outstanding advantages in art and cultural development, and the prospects are bright. In addition, the recent commercial property market rents have fallen due to the epidemic. I believe that now is the best time for international art galleries and world-renowned artists to expand and develop in Hong Kong.
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