[Conflux Network announces cooperation with Alibaba Cloud] On September 4, Conflux Network announced a partnership with Alibaba Cloud to use Web3 technology to revolutionize Hong Kong's retail, tourism, entertainment, art and education, and bring innovative Web3 solutions to Hong Kong companies. Cyberport is Hong Kong's Web3 center hub and the launch pad for Conflux Network. It is committed to cultivating a strong Web3 ecosystem and received a HK$50 million grant from the Hong Kong Special Administrative Region Government last year. The funds will be used to accelerate the development of the Web3 ecosystem, cultivate talents, promote industry progress and increase public awareness of Web3 technology.