Foresight News reported on the spot that at the "2023 Hong Kong Web3 Carnival", Ms. Kong Dejun, deputy head of the People's Government of Shangcheng District, Hangzhou, and Mr. Li Dafeng, representative of the Hong Kong Trade Development Council, signed the "Hangzhou-Hong Kong Web3 Industry Linkage Memorandum". By giving full play to the respective advantages of Hangzhou and Hong Kong, strengthening resource complementarity and sharing, and deepening industrial linkage and cooperation in the Web3 field, we will effectively promote the deep integration of Hangzhou and Hong Kong's Web3 industries, and realize the aggregation effect of 1+1 greater than 2. "Web3 Festival" (Web3 Festival) is a Web3 event brand jointly launched by Wanxiang Blockchain Lab and HashKey Group, and hosted by W3ME. This year's "Web3 Carnival" will last from April 12 to April 15, and will focus on the core issues of various Web3 tracks such as regulatory policies, Web3 infrastructure, and Metaverse.