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China’s Blockchain Infrastructure Boost

China has unveiled a comprehensive national framework for digital infrastructure transformation, investing $54.5 billion through 2029. The initiative aims to create an integrated data network linking public and private sectors. The plan spans three phases, starting with pilot programs in key sectors from 2024 to 2026. This will test the technical architecture underpinning the nation’s digital transformation.

The transformation will impact multiple sectors, including manufacturing, finance, healthcare, and transportation. The initiative incorporates advanced technologies, such as trusted data circulation systems and multi-layered security protocols. The initiative’s success will depend on effective coordination between government agencies, private sector participants, and technical experts.

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