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China orders creation of national blockchain network
China’s top leadership has issued a directive to establish a national blockchain network and a nationwide integrated computing power network. The policy, titled ‘Opinions on Developing New Quality Productive Forces,’ was released by the Communist Party of China Central Committee and the State Council to foster deeper integration between the country’s real and digital economies.
The initiative aims to optimize national data infrastructure, support the ‘East Data, West Computing’ project, and establish systems for data property rights and market transactions. The plan involves 16 central government departments and 27 centrally administered state-owned enterprises. It builds upon existing frameworks like the Blockchain-based Service Network (BSN) but maintains a strict stance against cryptocurrencies and public blockchain protocols.
Beyond blockchain, the government is prioritizing the development of next-generation technologies, including artificial intelligence (AI), quantum computing, and 6G. The ‘AI Plus’ action plan aims to drive digital transformation in traditional industries, focusing on sectors such as intelligent vehicles, humanoid robots, and AI-enabled consumer electronics. While the policy emphasizes industrial digital infrastructure, it does not include any measures to relax current restrictions on digital asset trading.
Entities
Blockchain-based Service Network · China · Communist Party of China · Communist Party of China Central Committee · State Council of the People's Republic of China · Xinhua News Agency
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The initiative involves 16 central government departments and 27 state-owned enterprises. cryptobriefing.com
- [● 4 SOURCES] The policy includes the creation of a nationwide integrated computing power network. blockchainseoul.kr · www.blockmedia.co.kr · cryptobriefing.com · news.bitcoin.com
- [● 2 SOURCES] The plan supports the ‘East Data, West Computing’ project to shift computing centers to western regions. cryptobriefing.com · news.bitcoin.com
- [● 2 SOURCES] The policy targets the development of quantum technology, AI, and 6G. blockchainseoul.kr · www.blockmedia.co.kr
- [● 4 SOURCES] The initiative aims to integrate the real economy with the digital economy. blockchainseoul.kr · www.blockmedia.co.kr · cryptobriefing.com · news.bitcoin.com
- [● 2 SOURCES] The directive does not include measures to relax cryptocurrency trading regulations. blockchainseoul.kr · www.blockmedia.co.kr
- [● 4 SOURCES] The Communist Party of China Central Committee and the State Council issued a policy document titled ‘Opinions on Developing New Quality Productive Forces’ on October 9, 2026. blockchainseoul.kr · www.blockmedia.co.kr · cryptobriefing.com · news.bitcoin.com
- [● 4 SOURCES] China plans to construct a national blockchain network. blockchainseoul.kr · www.blockmedia.co.kr · cryptobriefing.com · news.bitcoin.com