year's Policy Address, the Chief Executive indicated the new direction of accelerating the development of our creative economy. Hong Kong enjoys a leading edge in many areas of the creative economy in the region. There are now more than 170 000 people working in creative industries, with total value-added exceeding $53 billion a year. The potential of the creative economy is immense. To accelerate and expand its growth, however, we must expand the market abroad. It is therefore of paramount importance for us to promote the achievements and brand names of our creative industries both in the Mainland and overseas.
Last November, to help our creative industries expand access in the Mainland market, the Secretary for Commerce and Economic Development led a delegation to Shanghai and to participate in an international exhibition on creative industries. We will continue to work with the industry to carry out promotions abroad and in the Mainland. Such promotion work includes coordination of the
industry's participation in the China International Cultural Industry Fair to be held in Shenzhen this May, and the organisation of roving exhibitions for the
"9707 Project", an impressive local design project that marked the 10th anniversary of reunification of Hong Kong with China. The exhibitions will be staged in four major cities in Europe and the US to showcase the achievements and brand names of Hong
Kong's design industry.