CPC Central Committee and State Council: Build a National Blockchain Network and a National Integrated Computing Power Network

According to Xinhua News Agency, the CPC Central Committee and the State Council issued the Opinions on Promoting the Development of New Quality Productive Forces. The Opinions call for promoting the deep integration of the real economy and the digital economy. They call for improving systems for determining data ownership, market transactions, benefit distribution, and rights protection; implementing pilot and demonstration projects related to data as a factor of production; and fully unlocking the potential of data. They also call for optimizing the planning, development, and operation of national data infrastructure; advancing the digital transformation of manufacturing; and implementing projects such as “East Data, West Computing,” intelligent manufacturing, and the innovative development of the industrial internet, as well as building a national integrated computing power network and a national blockchain network. The Opinions further call for improving policy frameworks to promote both the industrialization of the digital economy and the digital transformation of industries, and for developing internationally competitive digital industry clusters.