Overview
- The Communist Party Central Committee and the State Council issued a policy on Oct. 9, 2026 that lays out 19 measures directing the construction of a national blockchain network and a nationwide integrated computing-power network.
- The document directs changes to data ownership rules and calls for pilot data markets and mechanisms to enable regulated cross-border data flows.
- Implementation will involve 16 central government departments and 27 centrally administered state-owned enterprises that must turn the 19 measures into concrete programs.
- The policy builds on existing state platforms such as the Blockchain-based Service Network and explicitly excludes cryptocurrencies while aiming to link the new networks with the expanding digital yuan system.
- Authorities paired technical mandates with financing steps to steer public and private investment toward smart manufacturing and digital services, which could reshape how businesses share tax and credit data and access finance.