Beijing Launches Blockchain Innovation Action Plan for 2025-2027 – Coincu

Beijing officials announced the “Beijing Blockchain Innovation and Application Development Action Plan (2025-2027)” on April 29, 2025, to advance blockchain technology and offer significant national digital infrastructure support.

By 2027, the action plan targets major breakthroughs in blockchain technology, particularly in regions like Beijing, fostering its role as a tech hub. Key players include the Beijing Municipal Science and Technology Commission and Zhongguancun Science Park Management Committee. Beijing’s roadmap for blockchain emphasizes enhancing blockchain-specific chip capabilities and privacy protection technologies.

Strategic Focus on Data Privacy and AI Integration

The focus on developing blockchain infrastructure, particularly in AI and petabyte-scale storage, is poised to enhance enterprise applications. Immediate financial emphasis underscores robust national funding commitments of up to $54.5 billion annually for blockchain-centric initiatives, aligning municipal strategies with national objectives.

Industry responses to this action plan, particularly from the Chinese business and developer community, highlight a strategic move toward sovereign tech infrastructure without significant disruptiveness to global crypto markets. Notably, reactions on local platforms signal positive engagement, as emphasized by government channels.

Our action plan aims to solidify Beijing as a center for blockchain innovation by focusing on technology development and infrastructure.

Market Data and Insights

Did you know? China’s previous blockchain initiatives, like the Blockchain Service Network, have focused on enterprise solutions, avoiding impact on open crypto markets. This aligns with Beijing’s current strategy of leveraging blockchain for technological advancement over speculative assets.

According to CoinMarketCap, Bitcoin (BTC) is priced at $94,944.45 as of April 29, 2025. The cryptocurrency has seen a 1.43% increase over the last 24 hours and a 4.62% rise over seven days, while its market cap stands at $1,885,382,444,841. Recent price changes reflect a 14.71% increase over 30 days. The circulating supply of Bitcoin is 19,857,743 out of a maximum supply of 21 million.

Insights from Coincu emphasize Beijing’s blockchain plan as a non-disruptive venture in public crypto markets, distinctively focusing on enterprise blockchain and infrastructure enhancement, supporting municipal economic growth without sparking open crypto market volatility.