- Beijing issues action plan, targets blockchain tech advancement by 2027.
- Aims for breakthroughs in blockchain-specific chips, privacy, and AI applications.
- 2027 goal: 10 tech breakthroughs, forming over 20 application cases.
The Beijing Municipal Science and Technology Commission, alongside Zhongguancun Science Park Management Committee, announced the “Beijing Blockchain Innovation and Application Development Action Plan (2025-2027)” on April 29.
Beijing’s plan aims to enhance blockchain independence, spearheading breakthroughs in blockchain chips and privacy, fostering digital infrastructure by 2027.
Beijing Targets 10 Blockchain Breakthroughs by 2027
The Beijing Municipal Science and Technology Commission and Zhongguancun Science Park Management Committee collaborated to launch this action plan. The initiative aims to enhance blockchain technology, targeting core areas such as privacy protection and specific chip developments. The plan aspires to achieve over ten significant breakthroughs by 2027 in these vital areas, positioning Beijing as a leader in blockchain-driven digital infrastructure.
The action plan outlines efforts to create more than 20 application cases across five sectors, including artificial intelligence and big models. By focusing on developing a national blockchain hub, these efforts signify Beijing’s commitment to consolidate its role in advancing core technological fields.
The immediate market reactions remain subdued, with no significant shifts in the cryptocurrency landscape attributed to this announcement. There have been no notable public reactions from major industry leaders or government officials regarding this specific plan.
China is constructing a ‘chain governance’ regulatory system… The competition between China and the United States in the blockchain field is essentially a struggle for rule-making authority in the digital economy era.
China’s $54 Billion Strategic Investment in Blockchain by 2025
Did you know? The “Beijing Blockchain Innovation and Application Development Action Plan” follows China’s strategic push to establish a leading position in blockchain technology, with over $54 billion investments in national projects announced since 2025.
Bitcoin (BTC) prices stood at $94,886.22, registering a 0.10% increase over 24 hours. With a market cap of $1.88 trillion and a trading volume change of 48.78%, BTC remains a heavyweight in the crypto market according to CoinMarketCap. Furthermore, its year-to-date performance shows an increase of 7.41% over seven days and 13.87% over 30 days despite a 7.49% decline over 90 days.
The Coincu research team anticipates that this action plan will likely bolster enterprise-grade blockchain deployments while maintaining a focus on private institutional networks. Potential regulatory shifts may emerge as Beijing aligns with its ambitious blockchain infrastructure goals, keeping public cryptocurrencies and DeFi projects separate from government-backed innovations.
Source: https://coincu.com/334847-beijing-blockchain-action-plan-2025/