The Beijing Municipal Science and Technology Commission, Zhongguancun Science Park Management Committee, and multiple government departments jointly released an announcement in mid-April this year titled "Beijing Block Chain Innovation Application Development Action Plan (2025-2027)", declaring a three-year key policy aimed at promoting Block chain technology's in-depth application in critical industries such as healthcare, education, finance, transportation, and artificial intelligence, with the goal of establishing Beijing as a global benchmark city for Block chain technological innovation.
Beijing Comprehensively Launches Block Chain Layout
According to the announcement, the action plan focuses on two main axes: self-controllable technological research and development and industrial integration application. It emphasizes strengthening Block chain fundamental theoretical research and breakthrough of key core technologies, including cryptography, confidential computing, and distributed systems, expecting to achieve major technological breakthroughs such as petabyte-level trusted node storage, ten-thousand-level chain network trusted interconnection, and billion-level digital identity mutual recognition.
Additionally, the Beijing municipal government will promote integration in five major fields: Block chain, AI large models, healthcare, financial services, educational resources, and transportation, aiming to create at least 20 benchmark application cases demonstrating Block chain implementation results by 2027.
Notably, one core concept of this action plan is "One Chain, One Network, One Platform", specifically:
- One Chain: Constructing a next-generation Block chain system with independent technology and high security;
- One Network: Establishing a large-scale, multi-layered Block chain network covering privacy protection, cross-chain interoperability, and dynamic networking capabilities;
- One Platform: Creating a technical service platform encompassing trusted identity, data catalog, and evidence preservation services to enhance cross-departmental and cross-industry data collaboration and trusted sharing.
China's Attitude: Embracing Technology, Excluding Coins
We know that the Chinese government has long maintained strict regulatory attitudes towards cryptocurrencies, recently comprehensively banning Bitcoin mining and virtual currency trading activities while emphasizing financial risk prevention and monetary sovereignty protection. However, Beijing's launch of this Block chain innovation application development action plan and plans to increase investment in Block chain infrastructure and application scenarios undoubtedly demonstrates official high regard and expectations for Block chain technology itself, highlighting its strategic potential in digital transformation and industrial upgrading.
It's clear that China's current policy direction is increasingly evident: "Embrace Block chain, Exclude Cryptocurrencies". Overall, although China maintains a hard stance on cryptocurrencies, the policy signals released by this action plan also indicate that as a fundamental innovative technology, Block chain's development is increasingly irreversible and gradually entering a government-led institutionalized stage.
