China Aims to Complete National Blockchain Network by 2030

The 15th Five-Year Plan for National Informatization outlines key priorities, including more extensive blockchain integration in trade and finance within the Yangtze River Delta, as well as widespread implementation in manufacturing and agriculture sectors in the Chengdu–Chongqing area of southwestern China.

This plan was released by the Central Cyberspace Affairs Commission, the highest digital policy coordinating body under the ruling Communist Party.

The document clearly sets a 2030 completion goal for this blockchain project, which was already included in China’s national development plan published in March. Additionally, a joint directive from the Communist Party’s central leadership and the State Council issued on October 9 reinforces the call to build this network.

The updated plan also emphasizes strengthening blockchain technical standards and expanding the technology’s application in data circulation and trade.

While Mainland China maintains a ban on cryptocurrency-related activities, it strongly promotes blockchain technology as a key national priority.

Back in October 2019, President Xi Jinping urged increased investment in blockchain technology, highlighting it as crucial for advancing China's indigenous technological capacities.

The plan signals China's strategic commitment to becoming a leader in blockchain technology, aiming to integrate it more deeply across key economic regions and industries, advancing both domestic innovation and digital infrastructure.