According to PANews, on May 31, Hong Kong's Cyberport and the People's Government of Shangcheng District, Hangzhou, signed a memorandum of cooperation at the Hangzhou-Hong Kong High-end Service Industry Promotion Conference. The strategic partnership aims to jointly promote the development of the Web 3.0 industry ecosystem in both regions, fostering the growth of the Web 3.0 industry through resource integration and complementary advantages, and establishing a new model of cooperation between Hangzhou and Hong Kong.
Zhu Mei'en, Chief Corporate Development Officer of Cyberport, stated, 'As a flagship of Hong Kong's digital technology and a base for entrepreneurship, Cyberport is committed to promoting the local Web 3.0 ecosystem. Since the establishment of the 'Cyberport Web3 Base' in 2023, it has gathered more than 230 companies related to Web 3.0 technology, covering fintech, smart living and smart cities, and digital entertainment. At the same time, Cyberport actively plays a role in connecting the mainland and the world. We believe that promoting the interaction and exchange of talent, enterprises, technology, and capital is an important factor in promoting the vigorous development of technology companies. We believe that this cooperation with the Shangcheng District of Hangzhou will effectively link the tech companies and talents of Hangzhou and Hong Kong, achieving robust development of the Web 3.0 industry in both regions.'