the blueprint for Hong Kong's cultural policy. The CHC set forth six general principles to guide Hong Kong's cultural policy: The six principles are "people-oriented", "pluralism", "freedom of expression and protection of intellectual property", "holistic approach", "partnership" and "community-driven." Other proposed policy reforms include increased corporatisation of government-sponsored cultural organisations, small scale public-private partnerships, and the controversial West Kowloon Cultural District Development Project. The government has commissioned a number of studies on Hong Kong's creative industries and cultural policy. Yet to date, many of the ongoing policy issues have not been resolved. Critics have complained of the government's over-reliance on advisory committees and consultations in managing cultural affairs on the grounds that it is inefficient and contrary to global trends in arts administration. Funding and support for the arts The Hong Kong government allocates around US $300 million (US$43 per capita) per year. for culture and arts, which accounts for about 1 percent of total government spending. The HKSAR Government claims that this is "broadly comparable to that in some Western countries" such as France. However, in monetary terms, France's per capita spend for culture is 197.20 Euro/US$250 per year. There is due to the fact that Hong Kong's public spending as a percentage of GDP is low compared with other developed nations. On average Government expenditures were more than 40% of GDP in OECD countries in 2001. In 2008 the French government’s expenditure amounted to over 50% of its total GDP, whereas Hong Kong’s figure is around 19%. In the 2006-2007 Policy Address, Hong Kong Chief Executive Donald Tsang announced that the Arts and Sport Development Fund would receive US $5 million to support cultural activities. The ADC receives an annual subvention of around US $12 million from the Home Affairs Bureau and around US $3 million on average from the Arts and Sports Development Fund. In addition to providing grants to arts groups, the ADC has established an Arts Service Centre in Sheung Wan to provide office space and facilities for smaller arts organizations. The LCSD provides funding for the annual Hong Kong Arts Festival and nine professional performing companies: the Hong Kong Philharmonic Orchestra, Hong Kong Chinese Orchestra, Hong Kong Sinfonietta, Hong Kong Dance Company, Hong Kong Ballet, City Contemporary Dance Company, Hong Kong Repertory Theatre, Chung Ying Theatre, Zuni Icosahedron and Theatre Ensemble . In addition to individual events, it also organizes two arts festivals per