- China set a 2030 target to largely complete a national blockchain network.
- The new plan calls for broader blockchain use and stronger technical standards.
China has set a 2030 goal to largely finish its national system under the China blockchain network plan outlined in a five-year digital development program published Friday. The 15th Five-Year Plan for National Informatization says blockchain use should deepen in trade and finance in the Yangtze River Delta while expanding at scale in manufacturing and agriculture in the Chengdu–Chongqing region in southwestern China. The document also calls for stronger technical standards and wider use in data circulation and trading. While mainland China continues to ban cryptocurrency-related business activities, the country is still promoting blockchain technology as a national priority.
China blockchain network target in the new plan
The five-year digital development plan published Friday sets a 2030 target for largely completing a national blockchain network. That target appears in the 15th Five-Year Plan for National Informatization, which lays out digital development priorities.
The plan was issued by the Central Cyberspace Affairs Commission, a senior body within the ruling Communist Party that coordinates digital development policy. The document gives a clear timeline for a project that had already appeared in China’s national development plan released in March.
Regional uses for blockchain
The plan links blockchain deployment to specific regions and industries. In the Yangtze River Delta, it calls for deeper blockchain use in trade and finance.
In the Chengdu–Chongqing region in southwestern China, the document points to deployment at scale in manufacturing and agriculture. It also says blockchain should see greater use in data circulation and trading.
China blockchain network standards and policy direction
Beyond rollout goals, the plan calls for stronger blockchain technical standards. That shows the policy is focused not only on wider adoption but also on building a more defined technical framework around the technology.
The new document also makes explicit the completion target for a project that had already been included in the national development plan released in March. A joint policy from the Communist Party’s central leadership and State Council published on Oct. 9 had also called for its construction.
Crypto ban and blockchain support
Mainland China bans cryptocurrency-related business activities, but the source document says blockchain technology remains a national priority. The latest plan continues that policy direction by promoting broader use of blockchain in several sectors.
That approach follows earlier support from China’s leadership. In October 2019, President Xi Jinping called for greater investment in blockchain and described it as an important area for developing China’s own technological capabilities.
Conclusion
The latest five-year plan sets a clear timetable for the China blockchain network, with 2030 named as the target for largely completing the national buildout. It connects that effort to trade and finance in the Yangtze River Delta and to manufacturing and agriculture in the Chengdu–Chongqing region. The document also emphasizes stronger technical standards along with wider use in data circulation and trading. Taken together, the plan shows that China is continuing to advance blockchain as a policy priority even as mainland China maintains a ban on cryptocurrency-related business activities.
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