China’s latest five-year policy outline supports a national blockchain network and steady digital yuan development, while also emphasizing global rule-setting on digital currency, data security, privacy, and cross-border data flows.
China’s 15th Five-Year Plan outline supports development of a national blockchain network and calls for steady progress on the digital renminbi. The document also backs cloud computing and next-generation communications as part of its broader digital economy agenda. In addition, it says China should participate in international governance covering digital currency, cross-border data flows, data security, and privacy protection, indicating a policy focus on both domestic digital infrastructure and influence over global digital standards.