According to BlockBeats, on August 26, Hong Kong Legislative Council member Ng Kit Chuang published an article in Ta Kung Pao, suggesting that Hong Kong authorities should adopt a three-pronged strategy to advance the development of the digital economy. The proposed strategy, termed 'Three Arrows,' aims to address external, middle, and internal aspects of digital economic growth.
The first aspect, external expansion, focuses on actively promoting cross-border integration and development. This includes establishing new mechanisms for cross-regional and cross-industry collaboration, and working with mainland industries to advance international cooperation in digital trade, finance, and cross-border e-commerce.
The second aspect, self-reliance in innovation and technology, emphasizes the need for early consideration of legislation and policy formulation for digital economic activities. It also highlights the importance of enhancing digital thinking among civil servants, encouraging enterprises to actively participate in digital transformation, and aligning with international digital economy scenarios.
The third aspect, internal fraud prevention, involves increasing investigation and law enforcement efforts, strengthening public education on preventing technological crimes, and offering courses on AI ethics.
