Hong Kong media: Hong Kong is studying the promotion of data trading ecology and attaching importance to the tokenization of real-world assets

Oct 17, 2024 11:30
Odaily Planet Daily News: Hong Kong Chief Executive Carrie Lam mentioned in his policy address yesterday the need to promote the integrated development of the digital economy and the real economy. Carrie Lam emphasized that accelerating the development of the digital economy can accelerate the digital transformation of industries and strengthen digital infrastructure. The government is studying the promotion of a data trading ecosystem and exploring arrangements for facilitating cross-border data flow through the Greater Bay Area as a pilot. Hong Kong's Chief Executive Officer, Au King lam, responded yesterday that the role of financial technology in maintaining Hong Kong's global financial leadership cannot be ignored. He was encouraged by the SAR government's commitment to comprehensively promoting the digital economy. The policy address mentioned supporting the development of innovative financial services, virtual assets, and cross-border data solutions, believing that they can meet the increasingly digital global financial needs. At the same time, the government's emphasis on the tokenization of real-world assets is in line with the Golden Hair Bureau's blockchain application initiative, further strengthening Hong Kong's leadership position in the field of financial technology innovation. (Hong Kong Wen Wei Po)
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