'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

Visa And Lianlian Complete First Live B2B AI Agent Payment Transaction

Visa and Lianlian DigiTech have completed a live business-to-business transaction using an AI agent to automate product... Read more

Shanghai Commercial Bank And Planto To Launch Cross-Bank Analytics For SMEs

Shanghai Commercial Bank (Shacom Bank) has partnered with fintech firm Planto to launch a cross-bank financial analytic... Read more

SFC And SC Malaysia Launch Dual IPO And Cross-Border Fund Framework

The Securities Commission Malaysia (SC) and the Securities and Futures Commission of Hong Kong (SFC) have signed a MoU ... Read more

Kakao Group And Circle Explore Digital Asset Infrastructure In South Korea

Kakao Group has signed a strategic MoU with stablecoin issuer Circle Internet Financial to collaborate on digital asset... Read more

From Key Protection To Operational Governance: HSMs In Digital Assets

Digital asset security used to be treated as a wallet problem. Protect the private key and the asset stays safe; lose i... Read more

Anchorpoint Reportedly Set To Launch HKDAP Stablecoin In July

Anchorpoint Financial is reportedly preparing to launch its regulated Hong Kong Dollar-backed stablecoin, HKDAP, in Jul... Read more