Hong Kong Investment Promotion Agency Liang Hanjing: The essence of Hong Kong's construction of a Web3 center is for future economic and social transformation

According to Jiemian News, Liang Hanjing, director of finance, finance and financial technology of the Hong Kong Investment Promotion Agency, said at the closed-door meeting of Jiemian News Web3 that for Hong Kong, the proposed construction of a Web3 center or a virtual asset center is not essentially about the securitization of virtual product assets. It is Hong Kong's future economic and social transformation. Liang Hanjing said that Hong Kong has formed three waves of development in the Web3 field since 2022. The first wave will be in the fourth quarter of 2022. Local people are very excited, but people in other regions are still very skeptical; the second wave begins At the beginning of this year, Chinese from all over the world, including mainland investors, came to Hong Kong to deal with regulatory agencies; the third wave is that many foreigners also began to come to Hong Kong. Liang Hanjing said that Hong Kong has two advantages in the development of Web3 at this stage, one is universities, and the other is a developed auction market. However, Hong Kong is also facing the challenge of talent and capital spillover. Liang Hanjing said that this problem cannot be solved simply by giving a visa. The key point is how to build an ecosystem and also consider supporting facilities so that the imported talents can have better services after they come to Hong Kong. Liang Hanjing revealed that the process of launching Web3-related policies in the Legislative Council will take about a year.