Chongqing to Launch State-level Blockchain Development Zone

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The central Chinese megacity of Chongqing has unveiled plans to launch its own blockchain development zone.

On 21 December the Chongqing municipal government released its “Blockchain Industry Development Three Year Action Plan (2021 – 2023)” (重庆市区块链产业发展三年行动计划(2021 – 2023)) at the city’s “2021 Blockchain Industry Development Summit.

The Plan states that Chongqing will “endeavour to establish a state-level blockchain development pilot zone,” while also calling for the “formation of blockchain technology R&D high grounds that are nationally influential; systems innovation high grounds, industry cluster high grounds, and human talent cluster high grounds, to contribute to the innovative development of the national blockchain.”

Chongqing unveiled an initial group of 20 blockchain application focus projects at the Summit, covering a total of 12 areas including a digital service infrastructure platform and regional equity market operation chains.