Film Industry
Globally, Hong Kong's most noted contribution in terms of arts and culture has come through its film industry, which is the world's third largest (after Hollywood and Bollywood). Hong Kong films have received worldwide critical acclaim and have been remade into blockbuster films by Hollywood, while Hong Kong directors and actors (such as John Woo, Jackie Chan, Michelle Yeoh and Chow Yun-fat) have gone on to find crossover success in Hollywood.
Hong Kong's film industry has suffered since its last heyday of the 1980s and early 1990s, and the government has recently introduced measures to boost the film industry but this has failed miserably. The death of the Arts in Hong Kong is in large part due to an atmosphere of fear and self-censorship that the Hong Kong Chinese imposed upon themselves after the 1997 handover.
In the 2006-2007 Policy Address the Chief Executive proposed the establishment of a Hong Kong Film Development Council to support film production in the city. In his the 2007-2008 budget, Financial Secretary Henry Tang announced that US$40 million would be earmarked for a new fund to finance film production and professional development within the industry.
Read more about this topic: Hong Kong Cultural Policy
Famous quotes containing the words film and/or industry:
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