China RWA Tokenization Implementation Roadmap

Pilot Exploration Phase Key Industry Breakthroughs Comprehensive Promotion Phase Institutional Integration Phase

Digital Financial Special Zone Pilot Green Financial Asset Tokenization Tokenization of Multiple Asset Classes Improvement of Digital Asset Regulatory System

Policy Sandbox Environment Construction Bond Tokenization for Infrastructure Cross-Regional Policy Coordination Deep Integration of Traditional Finance and DeFi

Key Implementation Measures

Establish Special RWA Tokenization Experimental Zones (similar to Shenzhen, Qianhai model) Develop RWA Tokenization Framework in Coordination with Digital RMB Establish National-Level Blockchain Infrastructure and Standard System Formulate RWA Tokenization Laws, Regulations, and Regulatory Framework