Beijing officials announced the "Beijing Blockchain Innovation and Application Development Action Plan (2025-2027)" on April 29, 2025, to advance blockchain technology and offer significant national digital infrastructure support.
By 2027, the action plan targets major breakthroughs in blockchain technology, particularly in regions like Beijing, fostering its role as a tech hub. Key players include the Beijing Municipal Science and Technology Commission and Zhongguancun Science Park Management Committee. Beijing's roadmap for blockchain emphasizes enhancing blockchain-specific chip capabilities and privacy protection technologies.
Strategic Focus on Data Privacy and AI Integration
The focus on developing blockchain infrastructure, particularly in AI and petabyte-scale storage, is poised to enhance enterprise applications. Immediate financial emphasis underscores robust national funding commitments of up to $54.5 billion annually for blockchain-centric initiatives, aligning municipal strategies with national objectives.