According to Odaily Planet Daily, Hong Kong Democratic Alliance for the Betterment and Progress of Hong Kong Legislative Council member Chen Zhongni suggested that the SAR government strengthen the construction of Web3.0 infrastructure, improve the compliance and regulatory framework in the Web3.0 encrypted digital field, establish a Web3.0 industry committee, formulate industry norms and standards, and strengthen training for practitioners.

Chen Zhongni said that Hong Kong should take the lead in the field of Web 3.0 and conduct risk monitoring and early warning of the Web 3.0 market through technical means such as big data and artificial intelligence.