China’s proposal is to build a national blockchain network as part of integrating the digital and real economies. The Central Committee of the Communist Party of China and the State Council included it in their October 9, 2026 policy opinion on developing “new quality productive forces,” alongside a nationwide integrated computing network, data infrastructure, and manufacturing digitalization (official policy text).
What it says
The document places the network within a broader policy framework for data rights, market trading, benefit distribution, and protection of interests. It names the infrastructure goal but does not specify its technical design, operators, applications, funding, or timetable. The text presents this as a policy direction, not as a detailed construction order.
The document does not say that China is launching a public cryptocurrency or endorsing crypto assets.