To the Mao-oon! China’s New 5-Year Plan Adds Blockchain Technology
China has included Blockchain technology in its 13th National Five-Year Plan, via an Informatization Strategy published December 15 by the State Council. ‘Intelligent Services Will Be Everywhere’. “The internet, cloud computing, large data, artificial intelligence, machine learning, blockchain, bio-genetic engineering and other new technologies will drive… the evolution of everything – digital, network, intelligent services will be everywhere,” the document states. The real world and the digital world are increasingly converging as one; the global governance system is facing profound....
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China's latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies. China’s determination to stay ahead of the curve when it comes to the utilization of blockchain technology was evidenced again this week, after the release of the country’s latest five-year development plan. The word “blockchain” was reportedly mentioned for the first time in the 14th of China’s regular five-year plans, which lay out the country’s economic priorities for the period from 2021 to 2025, according to local news outlet....
Shanghai’s five-year plan calls for the use of a metaverse in public services, businesses, entertainment and industrial manufacturing. Shanghai, China’s most crowded city, is looking for ways to use a metaverse in public services over the next five years.Shanghai Municipal Commission of Economy and Information Technology’s five-year development plan for the electronic information industry listed four frontiers for exploration, and one of them is the metaverse.According to a CNBC report, the paper called for promoting the metaverse’s use in public services, business offices, social leisure,....
Chinese regulators held a meeting in Beijing to promote blockchain development, which was first mentioned in China’s 14th Five-Year Plan. Chinese regulators, including the Securities Association of China and the China Securities Regulatory Commission (CSRC), held a meeting in Beijing to promote blockchain technology in the securities industry and discuss regulations.In the symposium organized by China Securities Industry Alliance Chain and Off-Site Alliance Chain, the deputy director-general of the Science and Technology Regulatory Bureau of CSRC, Jiang Dongxing, spoke about the consensus....
As a developing tech power, China is one of the fastest countries in adopting blockchain technology. 2020 has been a year full of challenges for the world, but for a country like China with such a large population base and rapid development, it has also been a year of opportunities.On Oct. 24, 2019, China officially upgraded its blockchain technology to be a national strategic priority. One year later, the development of China’s blockchain industry has been at the forefront of the world in many ways.The number of China’s disclosed blockchain projects ranks highestAccording to a research....
China’s banking and digital payment giants are using blockchain technology to add transparency to charity organizations' donation distribution networks.