Hong Kong Special Administrative Region Legislative Council Member Qiu Dagan disclosed Hong Kong's strategic plan to attract scientific and technological talents, build new infrastructure and establish strong legislative supervision. He revealed that the Hong Kong stablecoin sandbox test has been launched. The Hong Kong government plans to strengthen the supervision and enforcement of laws related to digital asset financial products within one to one and a half years. The next phase will encourage project parties to explore more innovative financial products in Hong Kong, marking an important step towards its mission of becoming a global financial technology center.