China’s blockchain infrastructure, now active in 16 ministries and 27 state-owned enterprises, handles vast invoice volumes and facilitates global trade, supporting hundreds of billions of transactions annually.
China’s blockchain infrastructure, integrated into 16 government ministries and 27 central enterprises, processes hundreds of billions of invoices annually. It plays a crucial role in cross-border trade for over 300,000 firms, with transactions worth trillions of yuan. The system enhances efficiency and traceability across key sectors, aligning with China's digital economy modernization efforts.