'Palace Museum Can't Charge Mainlanders More'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-05-03 HKT 22:46

Share this story

facebook

  • The palace museum at the West Kowloon Cultural District is due to open in mid-2022. File photo: RTHK

    The palace museum at the West Kowloon Cultural District is due to open in mid-2022. File photo: RTHK

The head of the West Kowloon Cultural District Authority, Henry Tang, said on Monday that the authority would be "scolded by 1.4 billion compatriots" if it were to charge tourists more than locals to visit the SAR's new Palace Museum.

DAB lawmaker Lau Kwok-fan, who chairs a Legco subcommittee on the arts hub, earlier floated the idea of concessions for locals and higher charges for non-local visitors at the M+ visual arts museum and the Palace Museum.

Tang said the idea, although feasible with M+, would not work at the Palace Museum when it opens in mid-2022 – as all of its exhibits are being loaned from Beijing's Palace Museum.

"If we are charging them a higher price, then the 1.4 billion mainland compatriots will be angry at us, because they are lending their exhibits to us but we are charging them a higher price," Tang said.

Tang said the authority would roll out a series of promotions after the pandemic to attract visitors from around the world, saying its cash flow needs improving.

He said although the authority had operating expenses of only HK$900 million in the past financial year – one-third less than expected – it has yet to roll out a project that actually earns money for the authority.

The long-delayed M+ is expected to open later this year, with the Palace Museum slated for opening around the middle of next year.

RECENT NEWS

NTT Launches Financial AI Fabric Blueprint For Hong Kong FSIs

NTT Com Asia has released a service blueprint for its Financial AI Fabric in Hong Kong. The Financial AI Fabric bluepri... Read more

Asias Multi-Billion-Dollar Fraud Crisis: Can Fintechs Still Build Trust?

Digital financial services now shape everyday life, placing greater pressure on companies to earn and keep customer tru... Read more

Futu Launches AI Agent “Expert” Mode For Investment Analysis And Trade Support

Futu has launched a new AI-powered trading assistant that can assist with trade execution based on user instructions. T... Read more

DigiFT And SBI Launch Tokenised Japanese Equity Fund On Solana

DigiFT has partnered with SBI Global Asset Management to launch a tokenised Japanese high-dividend equity fund. The JX ... Read more

Baillie Gifford Launches Tokenised Bond Fund In Hong Kong

Baillie Gifford has launched its tokenised investment fund to professional investors in Hong Kong. The Baillie Gifford... Read more

SBI XDC Partners With DSRV To Explore Enterprise Solutions In Japan, South Korea

SBI XDC Network APAC has partnered with South Korean blockchain infrastructure firm DSRV to develop enterprise solution... Read more