The CPC Central Committee and the State Council propose building a national blockchain network and advancing the integration of the real and digital economies
BIBIBI
AT A GLANCE
The CPC Central Committee and the State Council propose advancing the deep integration of the real economy and the digital economy.
Article
[CPC Central Committee and State Council Promote Integration of the Real and Digital Economies]
The CPC Central Committee and the State Council have issued the Opinions on Developing New Quality Productive Forces, proposing to promote the deep integration of the real economy and the digital economy. The Opinions emphasize improving systems for determining the ownership of data property rights, market transactions, distribution of rights and interests, and protection of benefits; implementing pilot and demonstration projects related to data elements; optimizing the layout of national data infrastructure; advancing the digital transformation of manufacturing; and building a nationally integrated computing power network and a national blockchain network.
Key points
01
The CPC Central Committee and the State Council have issued the Opinions on Developing New Quality Productive Forces.
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The Opinions propose promoting the deep integration of the real economy and the digital economy.
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The Opinions emphasize improving systems for determining the ownership of data property rights, market transactions, distribution of rights and interests, and protection of benefits.
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The Opinions propose implementing pilot and demonstration projects related to data elements and optimizing the layout of national data infrastructure.
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The Opinions propose advancing the digital transformation of manufacturing and building a nationally integrated computing power network and a national blockchain network.
AI-assisted interpretation
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The Opinions identify data systems, data infrastructure, manufacturing digitalization, computing power networks, and blockchain networks as areas for advancement.
Why it matters to readers
The policy clarifies development directions for data, computing power, and blockchain infrastructure; its subsequent impact will still need to be assessed in light of implementing rules and project execution.
It may be understood as a directional arrangement by the state for digital economy infrastructure and related institutional development.
Risks and unknowns
The evidence does not specify a concrete implementation timetable.
The evidence does not specify the funding scale.
The evidence does not specify the particular beneficiaries.
The data source and related policy details still require further verification.
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Related concepts
Data elements
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