The establishment ceremony of the Hong Kong Web3.0 Association was held on the 11th at the Hong Kong Financial Hall. The association hopes to promote the technological transformation and industrial upgrading of Web3.0 (the third generation internet) in Hong Kong. On April 11th, the Hong Kong Web3.0 Association held its establishment ceremony in the lobby of the Hong Kong Financial Exchange. The picture shows the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao (sixth from the right of the first row) and other officiating guests taking a group photo. According to reports, the Hong Kong Web3.0 Association is a cross industry and non-profit organization aimed at promoting technological change and industrial upgrading, and establishing industry standards for the industry; Promote social awareness of Web3.0 and professional training, and promote the ecological environment construction of Web3.0 in Hong Kong. On April 11th, the Hong Kong Web3.0 Association held its establishment ceremony in the lobby of the Hong Kong Financial Exchange. The picture shows the speech by the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao. At the ceremony, the Chief Executive of the Hong Kong Special Administrative Region, Li Jiachao, delivered a speech stating that innovation and technology are key areas of development in Hong Kong, and Hong Kong should adhere to promoting economic growth through technological innovation. The development of Web3.0 is at a golden starting point. This disruptive technology can change many existing business models and create more new opportunities. Hong Kong must dare to become a leader in this wave of innovation. Li Jiachao said that Web3.0 plays a crucial role in the development of financial technology. Many leading startups and high-tech startups are considering expanding their business in Hong Kong, believing that it can contribute to the flourishing development of the Web3.0 ecosystem. The SAR government looks forward to the collaboration of the Web3.0 Association to accelerate the development of Hong Kong's innovation and finance, and to increase the volume of attracting global talent and enterprises, welcoming the opportunities brought by Web3.0 and the development of the virtual asset industry. On April 11th, the Hong Kong Web3.0 Association held its establishment ceremony in the lobby of the Hong Kong Financial Exchange. The picture shows Chen Delin, President of the Council of the Hong Kong Web3.0 Association, delivering a speech. Chen Delin, President of the Council of the Hong Kong Web3.0 Association and former President of the Hong Kong Monetary Authority, said in a speech that compared to Web2.0, Web3.0 provides better protection for personal data, information, and content, which will activate a lot of innovation and creativity, and bring business opportunities. Hong Kong's position as an international leader in the digital economy and digital finance depends on whether we can achieve the development of digital and data industrialization, industry digitization, and asset digitization in the Web3.0 generation. The association will contribute to the digital economic development of Hong Kong, the Guangdong Hong Kong Macao Greater Bay Area, and countries. Hong Kong Web3.0 Association is sponsored by China Mobile International Co., Ltd., China Mobile Hong Kong Co., Ltd., China Merchants Energy Transportation Co., Ltd., Huawei Cloud Hong Kong and Hong Kong University of Science and Technology. Its members include Chen Chun, academician of the CAE Member, Wang Yang, vice president of Hong Kong University of Science and Technology, etc. Li Feng, Honorary President of the Hong Kong Web3.0 Association and Chairman of China Mobile Hong Kong Limited, stated that China Mobile has a leading 5G network, multiple network data centers, and sea and land cable resources that can access mainland China and the world in Hong Kong, providing strong support for the development of Web3.0 in Hong Kong. In recent years, Hong Kong has been committed to developing Web3.0 and building an international virtual asset center. Last October
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