China to Create Nationwide Blockchain Network to Digitize Economy
China is moving to strengthen the digital foundations of its economy, with a new policy calling for a nationwide blockchain system and a coordinated computing network as part of a broader industrial development strategy. The measures appear in a 19-point document published on October 9. The policy links digital technology more closely with manufacturing and other parts of the physical economy while also outlining plans for data infrastructure. Among its provisions, the document calls for clearer arrangements covering data ownership, trading, rights, and the protection of economic interests. Officials are also encouraged to conduct trials and to improve the development…





