Wu Jiezhuang: The development of Web3.0 in Hong Kong is like the red chip stocks of the past

Wu Jiezhuang, member of the National Committee of the Chinese People's Political Consultative Conference and member of the Legislative Council of Hong Kong, attended the Hong Kong and Macao Youth Going New Event jointly organized by the Hong Kong and Macao Affairs Office of the People's Government of Guangdong Province, the Executive Committee of the Hengqin Guangdong-Macao Deep Cooperation Zone, the Home Affairs and Youth Affairs Office of the Hong Kong Special Administrative Region Government, and the Education and Youth Development Bureau of the Macao Special Administrative Region Government. He said that from the one-way information transmission of Web1.0 to the interactive platform of Internet-focused Web2.0 including Tencent, Alibaba and JD.com, we have now ushered in the Web3.0 era with artificial intelligence and blockchain technology as the core. This is not only a leap in technological innovation, but also an important opportunity for youth development. Hong Kong, as a special administrative region of the country, is becoming an important promoter of new quality productivity. Wu Jiezhuang also mentioned that the development of Web3.0 in Hong Kong is like the red chip stocks of the year. It is a new financing method for the country and Hong Kong's high-quality assets on the international stage. Over the past year or so, the Hong Kong Special Administrative Region Government has actively developed virtual assets and Web3 policies. This is an important measure to help the country promote new quality productivity under the one country, two systems, and has opened the door to a new industry for Hong Kong and Macao youth.