China’s National Informatization Plan for the 15th Five-Year Period, issued by the Central Cyberspace Affairs Commission and announced by the Cyberspace Administration of China on Oct. 23, sets a target to largely complete a national blockchain network by 2030. The network is planned around a central backbone, regional hubs and distributed digital identity services. Planned applications include shipping, government services, taxation and carbon reduction, with separate regional programs covering trade, logistics and manufacturing. The plan describes a construction target rather than an operational network, and it does not name a native cryptocurrency, approve token trading or give a separate spending total for the project. Development of the digital yuan remains on the agenda, but without a transaction target or integration timetable.
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