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'Silver economy' panel set up

The Commerce & Economic Development Bureau today established the Advisory Panel on Silver Economy and convened its first meeting with the aim of initiating research on the development of Hong Kong’s growing elderly population as a consumer segment.    Chairing the panel, Secretary for Commerce & Economic Development Algernon Yau said the elderly demographic was emerging as an important part of the city’s economy.    He highlighted that many products and services designed to enhance the quality of life enjoyed by elderly residents are spurring growth and business opportunities.    Mr Yau added that promoting such products and services can help to foster the development of the so-called silver economy and unleash business potential in the elderly market, whilst also catering to the aspirations and needs of elderly people. He said this would be the advisory panel’s focus.     At today’s meeting, the panel endorsed its terms of reference, reviewed statistics relating to

Funding set for 3 TV shows

Three local television stations will receive around $25.47 million in total funding to co-produce variety programmes with Mainland or Asian production teams, the Culture, Sports & Tourism Bureau announced today.

 

The Chief Executive proposed in the 2022 Policy Address to support the co-production of variety programmes by local television stations and Mainland or Asian production teams to enhance the soft power of Hong Kong pop culture.

 

The measures aim to open up a broader market for related industries and their peripheral products while nurturing more industrial talent.

 

Hence, Create Hong Kong invited applications from local television stations, and approved variety programmes will have part of their production cost sponsored through the CreateSmart Initiative.

 

In the first round, six applications were received from three local television stations. Three successful applications will be funded, involving around $25.47 million in total funding. The funding ceiling of each project is $10 million.

 

The three approved shows are Spring Gala Festival to be co-produced by HOY TV and Guangdong Radio & Television, CHILL CLUB (Thailand version) by HK Television Entertainment Company and MV Television (Thailand) Co, and Endless Melody 2 by Television Broadcasts and Mango TV.

 

The programmes are expected to air in Hong Kong in the first, second and fourth quarter of 2024. They will also be broadcast simultaneously on the Mainland or in Thailand.

 

CreateHK plans to accept the second round of applications in the first quarter of 2024.


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