China’s government has issued a comprehensive policy document aimed at establishing a national blockchain network alongside an integrated computing power network to deepen the fusion of the digital economy with traditional industries and real-world production.
- National blockchain and integrated computing power networks mandated
- New data ownership and market trading reforms proposed
- Support for digital manufacturing and private tech investment increased
What happened
The Communist Party of China Central Committee and the State Council jointly released a policy opinion outlining 19 targeted measures to promote technology-driven industry growth by enhancing digital infrastructure. Key among these is the development of a national blockchain network and an integrated computing power network designed to connect the digital economy with real-world production.
The government document also introduces reforms related to data ownership rights and data market trials, along with cross-border data flow mechanisms. It emphasizes pilot projects for using data as an economic resource and calls for improvements in the construction and operation of national data infrastructure, alongside ongoing efforts in smart manufacturing and the East Data, West Computing initiative.
Why it matters
This initiative represents a major step toward positioning China as a leader in blockchain technology and digital economy integration. By setting national standards and infrastructure for blockchain networks, the government seeks to facilitate streamlined data sharing, industrial upgrades, and financial innovation — including the expanded use of blockchain in business lending and tax-data sharing.
Supporting such infrastructure and governance reforms also aims to attract sustained private investment in technology, mitigate financial risks, and create internationally competitive industry clusters. The inclusion of cross-border digital finance mechanisms and data policies highlights China’s broader ambition to play a central role in global digital trade and financing ecosystems.
What to watch next
Stakeholders should monitor the rollout of pilot projects on blockchain and data markets, including cross-border data experimentation, which will indicate how China manages data sovereignty alongside international cooperation. Attention will also focus on how regulatory frameworks evolve to balance state control with market innovation in digital infrastructure.
Further developments in blockchain adoption for financial services, especially related to the digital yuan and cross-border payments, will be critical. Additionally, progress on advancing smart manufacturing and the East Data, West Computing program will reveal the government's success in integrating digital and physical economies and attracting private capital for long-term technology investments.