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Hong Kong, China Sign MOU to Enhance Digital Economy

4/12/2026

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Story summary
  • Hong Kong signed a memorandum of understanding with the Cyberspace Administration of China (CAC) to boost digital economy.
  • The MOU was signed by Sun Dong, Secretary for Innovation, Technology and Industry, and Wang Jingtao, CAC deputy director.
  • The agreement targets artificial intelligence, cross-boundary data flow, and blockchain.
  • The agreement aligns with China's 15th Five-Year Plan for 2026–2030 and was signed before the World Internet Conference Asia-Pacific Summit in Hong Kong.