Chen Maobo, Financial Secretary of Hong Kong: In the past year, more than 150 Web3-related companies have settled in Cyberport

Hong Kong Financial Secretary Chen Maobo issued a document saying that promoting the development of innovative technology is a key task for the government to intensify its efforts. The national "14th Five-Year Plan" clearly gave Hong Kong the positioning and mission of building an international innovation and technology center. Using innovation and technology to promote industrial upgrading, transformation and diversified development is the only way for Hong Kong to move towards high-quality development, and it also helps the country to accelerate the realization of high-level Self-reliance and self-improvement in science and technology, speed up the development of Chinese-style modernization. The development of innovation and technology is the core issue of Hong Kong's future development. Chen Maobo said that Cyberport’s Qike ecosystem is also growing rapidly. There are currently more than 1,900 companies. The cumulative financing of start-ups has exceeded 35.7 billion yuan, and they have more than 480 intellectual property projects. One of the companies in the Cyberport community became the second virtual asset trading platform in Hong Kong to be licensed by the Securities and Futures Commission last year. On the other hand, the "Financial Budget" has allocated 50 million yuan for Cyberport to accelerate the development of the third-generation Internet Web3.0 with blockchain as the underlying technology. In the past year, Cyberport has accumulated more than 150 related companies. , I believe it will bring more R&D and application innovations to this development.