Beijing Plots National Blockchain So Big, Even the Central Committee's Filing Cabinet Got Blocked 🧱
China's Communist Party Central Committee and the State Council have released an opinion outlining plans to build a national blockchain network intended to promote the deep integration of the country's digital economy, according to the state-run Xinhua News Agency. The same document also calls for the construction of a national integrated computing power network and lays out proactive steps for artificial intelligence and other future industries, including quantum technology.
The proposal, jointly issued by the Party's Central Committee and the cabinet-level State Council, frames the national blockchain as core infrastructure for the digital economy and signals that Beijing is moving to keep pace with the United States in blockchain development. It follows earlier Chinese policy discussions about easing stablecoin rules to support the digital yuan, a shift that has drawn attention as dollar-backed tokens such as USDT and USDC have continued to expand global adoption.
Officials have not disclosed a full technical blueprint, funding schedule, or completion timeline for the national blockchain network. The opinion instead sets out strategic direction, leaving implementation details to the ministries, regulators, and provincial governments that report to the central authorities. The accompanying computing power network is designed to pool data processing resources across regions, a step Chinese planners have described as essential for supporting AI training and other data-intensive workloads.
The document was published by Xinhua News Agency and has not yet been followed by a separate English-language release from the State Council. Industry analysts note that any state-operated blockchain built at national scale would sit alongside, rather than replace, China's existing restrictions on private crypto trading, which have barred domestic exchanges from offering yuan-denominated crypto services since 2021.
The Communist Party Central Committee and the State Council have framed the initiative as part of a broader push to strengthen China's technological sovereignty across AI, quantum, and distributed ledger infrastructure. Whether the national blockchain will be opened to private enterprise, academic researchers, or international participants remains to be spelled out in forthcoming regulations and technical standards.
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