Special Co-organizer for the Hong Kong New Quality Productive Forces Forum (III)
HONG KONG, June 23, 2026 /PRNewswire/ -- Digital Asset Clearing Center "DACC.HK" (https://dacc.hk) is honoured to be the special co-organizer for the Hong Kong New Quality Productive Forces Forum (III). This invitation-only event is hosted by Chinese Academy of Governance (Hong Kong) Industrial and Commercial Professionals Alumni Association (CAGA) and Hong Kong Economic Council (HKEC). This is an important event, and the Digital Asset Clearing Center is excited to share how Hong Kong's bond market can seize new opportunities in Digital Bond development through technological and institutional innovation. The White Paper being presented is, "Building a Global Digital Bond Hub in Hong Kong" and to be discussed at the event. The paper details the advantages of Digital Bonds with a strategic goal: Introduce Hong Kong as a global Digital Bond-issuance center for cross-currency settlements, including cross-border RMB settlement tools.
"Through developing the Digital Bond market, Hong Kong is expected to achieve a 30%-50% reduction in issuance costs, trading and settlement time shortened from days to seconds, and 60%-80% improvement in cross-border capital flow efficiency. This further consolidates Hong Kong's position as the super-connector between Chinese Mainland and global capital markets," shared Serra Wei, co-founder of the Digital Asset Clearing Center. "The Digital Bond market is still in its early stages and presents an opportunity for strong growth in Hong Kong and across Asia because Digital Bonds offer significant advantages over traditional bonds with higher issuance efficiency, lower transaction costs, greater transparency, and better programmability."
Experts speaking at this event include
- Mr. Shi Zhu – Chairman, CAGA & HKEC
- Hon Robert LEE Wai-wang, JP Functional Constituency - Financial Services
- Ms. Georgina Lok – Head (Market Development), External Department, Hong Kong Monetary Authority
- Ms. Elizabeth Wong – Director of Intermediaries and Head of the Fintech Unit, Securities and Futures Commission
- Ms. Nan Wang – Managing Director, Head of China Desk, CMU OmniClear Limited
- Ms. Serra Wei – Co-founder and Chair, Digital Asset Clearing Center
- Mr. Esmond Kin Ying Lee – Senior Consultant at Banking Circle S.A.; Former Executive Director at the Hong Kong Monetary Authority; Former Strategic Advisor for APAC and CEO of the Hong Kong Branch at Euroclear Bank.
- Mr. Qiang Lei – Assistant CEO, Guotai Junan International
- Mr. Ronnie Kung – Managing Director and Head of Equity Sales and Derivatives Department, BOCI Securities Limited
- Mr. Andrew Fei – Partner, King & Wood; Adjunct Assistant Professor, Faculty of Law, The University of Hong Kong
- Mr. Dannie Cheung – Vice Chairman, CAGA & HKEC
- Ms. Wendy Sun – Chairman of FinTech Committee, CAGA and Chief Brand Officer, BIT Group
As an international financial center, Hong Kong holds a significant position in the global bond market. In 2025, Hong Kong dollar bond issuance was HK$1,629.3 billion, while offshore RMB bond issuance reached RMB 1,100.9 billion. However, facing the wave of digital transformation in global financial markets, Hong Kong's bond market urgently needs to seize new opportunities in Digital Bond development through technological and institutional innovation to capture this additional global liquidity opportunity.
This White Paper aims to provide strategic recommendations for the Hong Kong SAR Government on Digital Bond development, clarify Hong Kong's target positioning in the international bond market, propose pathways for building a robust Digital Bond ecosystem, analyse current obstacles, and suggest required policy breakthroughs including to reserve a portion of government bonds for subscription by retail investors, expand the scale of tokenised bond issuance, and establish mechanisms for cross-border regulatory coordination.
Other core recommendations are to build a multi-blockchain interoperable Digital Bond gateway and DACC ChainFusion™ is the core technology connecting traditional financial systems with blockchain networks, enabling seamless interoperability between on-chain assets and off-chain settlement tools. DACC ChainFusion™ is compliant with ISO 20022 standards, offering compliance-first and immutable audit trails for every transaction and regulatory-grade KYC/AML and reporting above and beyond financial institutions' traditional business with SOC 2 Type 1 and Type 2 certifications. Conflux, the only regulatory compliant, public blockchain in China, an important ecosystem partner, is fully integrated with DACC ChainFusion™ to provide end-to-end tokenisation solutions for the blockchain infrastructure.
About Digital Asset Clearing Center (DACC.HK)
Digital Asset Clearing Center (https://dacc.hk), the next-generation financial market infrastructure, provides compliant custody, clearing, settlement, and record-keeping services for tokenised assets including the Digital Bond through its DACC ChainFusion™ solution. The company offers seamless connections to the world's leading payment systems including Cross-Border Interbank Payment System (CIPS), e-CNY, and blockchain networks, and compliance infrastructure delivering end-to-end Clearing-as-a-Service (CaaS) for financial institutions. As an open banking platform for banks, the company is providing compliant, secured and "future-proofed" payments with stablecoins, tokenised-deposit rails, KYC/AML, and a DLT wallet integration with traditional banking and digital exchange services.
With funding from strategic partners including Conflux, Transaction Technologies Limited ("TTL") and Global InfoTech, Digital Asset Clearing Center is headquartered in Hong Kong, positioned at the intersection of global finance and China's gateway.
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Digital Assets Clearing Center Joins Hong Kong Economic Council to Unveil Whitepaper on Tokenised Bond Development in Hong Kong
DALIAN, China, June 23, 2026 /PRNewswire/ -- A news report from China Daily:
The World Economic Forum's 17th Annual Meeting of the New Champions, aka the Summer Davos, is being held in Dalian from June 23 to 25, attracting guests from home and abroad to the coastal city in Liaoning province.
The modern marine metropolis of Dalian enjoys the status of a central city in coastal China and serves as an international comprehensive transportation hub. It is one of the country's earliest cities to open up to the world.
Dalian has been home to the annual meeting since its launch in 2007, hosting the annual meeting in alternate years, alongside Tianjin. This year marks the ninth time that Dalian has hosted the Summer Davos forum.
The city has become a vital partner of the forum due to its unique position as a bridge between East and West, its distinctive cultural charm, appealing urban environment, well-developed infrastructure and solid industrial capabilities, experts said.
Far-reaching effects
Between 2015 and 2024, the forum was held four times in Dalian, attracting 50 foreign-funded projects. The forum has drawn leading global companies such as SK Group and Orix into the city, and the foreign investment focus has shifted from diverse areas to cutting-edge industries.
Government data show that 217 new foreign-invested enterprises were established in the city in 2025, with paid-in investment reaching $2.7 billion, a 43.8 percent increase from 2024.
Dalian's GDP surpassed 1 trillion ($147.56 billion) yuan in 2025, marking a 5.7 percent increase over 2024. Experts believe that surpassing the 1-trillion-yuan milestone will boost confidence in regional development and inject strong momentum into the across-the-board revitalization of Northeast China.
Industrial upgrading
Dalian is accelerating the optimization of its industrial structure, with its advantageous traditional industries rapidly transitioning toward higher-end, intelligent and eco-friendly development.
At a six-cylinder engine workshop of FAW Jiefang Dalian Diesel Engine, automated guided vehicles shuttle intelligently, and industrial robots operate with precision. Such modern smart manufacturing scenes are ubiquitous in the company, providing a vivid example of the revitalization of Dalian's traditional industries.
In the petrochemical industry, Dalian continues to enhance its two core industry chains — aromatics and olefins. It has strengthened its competitive edge in the field of advanced chemical materials.
In the field of equipment manufacturing, Dalian Shipbuilding Industry Co has been increasing investment in the research and development of innovative energy-efficiency technologies and alternative fuels.
CRRC Dalian has exported its products and services to 33 countries and regions, covering a range of offerings such as locomotives, intercity trains and urban rail vehicles.
Nowadays, Dalian has created major industrial clusters, with a scale of 400 billion yuan in green petrochemicals and fine chemicals, 100 billion yuan in next-generation automotive industries, 80 billion yuan in shipbuilding and offshore engineering equipment, and 58 billion yuan in high-end bearings, CNC machine tools and advanced rail transit equipment.
Innovation-driven growth
Since the forum's inception, Dalian's total R&D investment has risen from 4.28 billion yuan in 2007 to 28.09 billion yuan in 2023, and the R&D spending made up a growing proportion of GDP, rising from 1.39 percent in 2007 to 3.21 percent in 2023.
Dalian leverages scores of local higher education and research institutions to promote the synergy between technological and industrial innovation.
Currently, there are two national Belt and Road joint laboratories and 10 national key laboratories in Dalian, covering sectors including clean energy, fine chemicals, rail transit and intelligent manufacturing.
Building on its research hub of Yinggeshi Science City, Dalian is building an internationally influential innovation hub to enhance its ability to tackle technological challenges collaboratively.
Currently, the city is home to more than 10,000 tech-driven businesses. It has established a strategic emerging industry system centered around software and information technology services, electronic information manufacturing, biopharmaceuticals and advanced medical devices, and new materials.
Green development
Dalian has been recognized as a benchmark city for international business environment development for four consecutive years.
Meanwhile, the city is systematically advancing its green and low-carbon transition, with 71 national-level and 108 provincial-level green factories established.
The Shenyang-Dalian hydrogen energy expressway has been included in the national master plan.
The city leads or participates in the formulation of more than 70 percent of the international and national standards for the hydrogen energy industry in China.
Efforts are also made to advance offshore wind power projects. By the end of 2025, installed capacity and electricity generation from clean energy accounted for 64 percent and 75 percent of the city's total, respectively.
Booming tourism
The number of inbound tourists to Dalian jumped by 70.2 percent year-on-year in 2025, setting a new historical record, said Shan Meina, head of the Dalian bureau of culture and tourism.
As the only international cruise home port in Northeast China, Dalian Port has handled 143 international cruise ship visits since 2016, serving nearly 280,000 inbound and outbound passengers, according to the statistics from the Dalian entry-exit border inspection station.
Among Dalian's popular cultural and tourism spots, the Suoyuwan Football Stadium stands out as a unique landmark. As the only international-standard professional soccer stadium surrounded by the sea on three sides in China, it has a seating capacity of 63,000.
Teams from Dalian have won the championship in China's top league eight times. In the city, the tradition and legacy of soccer culture have never been broken.
Its deep-rooted soccer culture has earned Dalian the opportunity to play host to the International School Sports Federation Football World Cup in 2024 and the 2025 FISU University World Cup Football.
The charm of Dalian extends far beyond soccer itself. For instance, the Dalian Marathon has been held 36 times, and the Dalian International Walking Festival, now in its 24th session, attracted more than 300,000 participants from home and abroad.
In addition, more leisurely vacation experiences, such as flower-viewing, family-friendly getaways and relaxed urban strolls, are also highly favored.
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Summer Davos spotlight falls on host city Dalian's economic rise
