President of the Hong Kong International Finance Association: As the technology of blockchain matures, the offshore economy will become more important

According to Xinhua News, "2019 Xinhuanet Thinker Annual Meeting" was held in Guangzhou on the 23rd. Xiao Wei, president of the Hong Kong International Finance Association and a professor at Peking University's HSBC Business School, said at the meeting that the important reason for China's economic success over the past 40 years was to integrate into the global supply chain; the most important challenge for the next 40 years is how to Harmony into the global economic and financial system, one of the most important is to build a group of offshore cities. “Why is the offshore economy important? Because we need to connect with the world, and with the 5G, blockchain, and digital surveillance technologies maturing, offshore cities have no physical boundaries.”