The Far East is a unique place where the European way of life is intertwined with the Asian spirit. It is home to some truly amazing people, and is also the birthplace of numerous creative projects and businesses. Today, the creative economy is regarded as one of the key components for the sustainable development of the Far East. Centres of economic growth are taking shape in the regions. In addition, people are displaying a growing demand for a new quality of life and a modern format of everyday life with an emphasis on culture, creativity, and a creative pulse. The creative industries in Russia include up to 35 areas of activities, in particular: the development of computer games and software, cinema and animation, fashion, publishing, architecture, the music industry, advertising and marketing, design, television and radio broadcasting, archives and museums, and libraries, among others. Worldwide the creative industries have capitalization of roughly USD 2.3 trillion and make up an average of 812% of GDP in developed nations. According to estimates, creative industries contribute approximately 4.98% to GDP in Russia, or more than RUB 5 trillion. The Agency for Strategic Initiatives says creative industries make up a roughly 2% share of the Far Eastern Federal Districts economy, but have great growth potential. One key factor in the industrys development is the regions proximity to Asian markets. The development of a government strategy that takes into account the opinions of existing creative industry leaders and the specifics of each region of the Far Eastern Federal District would help to develop creative industries more quickly and systematically, which would boost the share of creative industries in the countrys economy and increase the number of active people employed in such industries in the region where they reside.