China targets 2030 for its national blockchain network buildout
China’s five-year digital development plan calls for wider blockchain use in trade and manufacturing alongside stronger technical standards.
China’s five-year digital development plan calls for wider blockchain use in trade and manufacturing alongside stronger technical standards.
China has set a 2030 target for largely completing a national blockchain network under a five-year digital development plan published Friday.
The 15th Five-Year Plan for National Informatization, which sets priorities calls for deeper blockchain use in trade and finance in the Yangtze River Delta, and deployment at scale in manufacturing and agriculture in the Chengdu–Chongqing region in southwestern China.
The document makes the completion target explicit for a project already included in China’s national development plan released in March. A joint policy from the Communist Party’s central leadership and State Council published on Oct. 9 called for its construction.