On June 18, according to a document, the Sichuan Provincial Development and Reform Commission and the Energy Bureau issued a notice on cleaning up and shutting down virtual currency "mining" projects. Sichuan, a major hydropower province, officially stopped Bitcoin mining.
This shows that the implementation of the requirements of the 51st meeting of the Financial Stability and Development Committee of the State Council on "combating bitcoin mining and trading behavior" has continued to deepen.
Therefore, under the "heavy blow" of supervision, blockchain entrepreneurs have lost their way. On June 7, the Ministry of Industry and Information Technology and the Cyberspace Administration of China jointly issued the "Guiding Opinions on Accelerating the Application of Blockchain Technology and Industrial Development" (hereinafter referred to as the "Guiding Opinions"), pointing out the direction for industry development at the national level.
In an interview with the media, Yu Jianing, the rotating chairman of the Blockchain Committee of the China Communications Industry Association, said that the "Guidelines" encourage localities to combine resource endowments, highlight regional characteristics and advantages, and build blockchain development in accordance with the concept of "regulatory sandbox" The pilot zone creates a blockchain "famous garden".
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Blockchain becomes an important breakthrough in innovation
Blockchain is an important part of the new generation of information technology, and the state supports its application. As early as 2016, the "13th Five-Year" National Informatization Plan issued by the State Council listed blockchain technology as a strategic frontier technology.
On October 24, 2019, during the 18th collective study of the Political Bureau of the Central Committee, it was emphasized that "Blockchain should be used as an important breakthrough for independent innovation of core technologies, clarify the main direction of attack, increase investment, and focus on conquering a number of key core technologies. technology, and accelerate the development of blockchain technology and industrial innovation.”
At the press conference of the National Development and Reform Commission on April 20, 2020, the official clarified the scope of "new infrastructure" for the first time, and the blockchain was officially included in the category of new infrastructure.
In other words, since the meeting of the Political Bureau of the Central Committee in 2019 and the new infrastructure in 2020, the role and importance of blockchain technology have been recognized, and the development of the blockchain industry has ushered in new opportunities. Not only that, the "14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and Outline of Long-term Objectives for 2035" also regards blockchain as one of the emerging digital industries.
Huobi Research Institute wrote that in 2020, the number of blockchain-related policies issued nationwide reached 198, a year-on-year increase of 153.84%. The total number of blockchain projects implemented in my country reached 194, a year-on-year increase of 102.8%. In recent months, my country has successively mentioned in many policies such as "Implementation Plan for Accelerating the Cultivation of New Types of Consumption", "Opinions on Establishing and Improving the Value Realization Mechanism of Ecological Products", and "Special Action Plan for Commodity Market Optimization and Upgrading (2021-2025)". The blockchain involves multiple high-level departments such as the General Office of the State Council, the Development and Reform Commission, and the Ministry of Commerce.
Huobi Institute believes that the introduction of the "Guiding Opinions" issued by the Ministry of Industry and Information Technology and the Cyberspace Administration of China will bring opportunities for the accelerated development of my country's industrial blockchain. In the long run, with the cooperation of the government, industry organizations, and corporate personnel, the development of industrial blockchain is an inevitable trend.
According to news on June 13, the relevant person in charge of the Information Technology Development Department of the Ministry of Industry and Information Technology stated that the current application and industry of blockchain technology in my country already have a good foundation for development. A number of representative blockchain applications have emerged in fields such as
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Industrial blockchain ushers in an explosion
Last year, the "2020 Blockchain Industry Development Report" compiled by Tsinghua University, Peking University and China Institute of Communications showed that as of now, the number of blockchain patent applications in China is 4,435, accounting for about half of the world.
Recently, at the China Industrial Blockchain Summit, a number of industry authorities including the China Federation of Logistics and Purchasing Blockchain Application Branch jointly released the 2020 Top 50 China Industrial Blockchain Enterprises list and analysis report.
The report is based on the statistical analysis and verification comparison of the relevant data of the company in 2020. According to the report, the top three companies are Ant Group, Ping An Group and State Grid in terms of comprehensive scale and industry influence, innovation and sustainable development, technical service capabilities, and industrial application capabilities. In the individual evaluations of the above four major indicators, Ant Group also ranked first.
In addition, the number of patents can be used as a powerful indicator to measure the technical strength of enterprises to a certain extent. The report shows that the total number of blockchain patents of the top 50 companies has exceeded 9,000, of which the number of blockchain patents for technology companies is at most about 2,300, and the number of blockchain patents for industrial companies is at most about 410.
On June 15, the Securities Daily wrote that the "China Blockchain Standard Blue Book (2020)" jointly issued by Digital Asset Research Institute and other institutions pointed out that 2020 is a year of rapid development of China's blockchain standardization, and the industry standard has been achieved. The zero breakthrough has also achieved many "firsts" in the formulation of international standards, and many standard projects have been successfully established in international organizations. As of December 2020, my country has issued 3 blockchain/distributed ledger technology industry standards, 5 provincial and local standards, and 34 group standards.
In addition, statistics from 01 Think Tank show that by the end of 2020, the cumulative number of global blockchain patent applications has reached 51,400. Among them, China has applied for more than 30,000 blockchain patents, ranking first in the world.
Specifically, in 2020, a total of 1,257 domestic companies participated in about 8,200 patent applications, covering 26 fields such as finance, payment, and digital assets. Among them, 12 industries, including medical care, electric energy, agriculture, and government affairs, have seen an upward trend in the attention paid to patent applications. Some people in the industry believe that this reflects the development trend of my country's blockchain technology "from the virtual to the real", and the focus of attention and development is gradually returning to the relevant fields of the real economy.
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"Policy dividends" boost corporate growth
"The introduction of the "Guiding Opinions" heralds the accelerated release of industrial policy dividends." Industry analysts said that this will bring new opportunities for the development of my country's blockchain companies.
Recently, the Blockchain Application Branch of the China Federation of Logistics and Purchasing released the "Report on the Development Status and Trend of China's Industrial Blockchain". The report shows that there are 222 industrial blockchain policies released in 2020, 12,059 new patent applications, and 776 newly established blockchain companies.
The overall positioning of the "Guiding Opinions" is mainly based on three considerations. One is to focus on coordination with the country's overall development strategy; the other is to accurately grasp the opportunities and challenges of blockchain development; the third is to highlight the promotion of high-quality economic and social development.
From the perspective of deepening the application of blockchain, on the one hand, blockchain technology is not yet mature and is still in rapid development and evolution; fusion.
To this end, the "Guiding Opinions" proposes to cultivate a group of famous blockchain products, famous enterprises, and famous gardens, build an open source ecology, insist on making up for shortcomings and forging long ones, and accelerate the creation of a complete blockchain industry chain. Specific measures include: building an industry-level alliance chain, creating a group of blockchain "famous products" with advanced technology and strong driving effects; cultivating a group of internationally competitive blockchain "famous enterprises", and cultivating and incubating blockchain start-ups , Encourage the creation of unicorn enterprises; combine the concept of "regulatory sandbox" to create a pilot area for blockchain development, and support parks with good basic conditions to build "famous parks" for the blockchain industry.
Its development goal is that by 2025, the comprehensive strength of the blockchain industry will reach the world's advanced level, and the industry will begin to take shape. Blockchain applications have penetrated into many areas of the economy and society, cultivating a number of well-known products in the fields of product traceability, data circulation, supply chain management, etc., and forming scenario-based demonstration applications. Cultivate 3 to 5 backbone enterprises with international competitiveness and a group of innovation-leading enterprises, and create 3 to 5 blockchain industry development clusters. The blockchain standard system has been initially established. Form a professional talent team to support the development of the industry, and the blockchain industry ecology is basically complete. The blockchain effectively supports the strategies of manufacturing power, cyber power, and digital China, and plays an important role in promoting the modernization of the national governance system and governance capabilities.
By 2030, the comprehensive strength of the blockchain industry will continue to improve, and the scale of the industry will further expand. The blockchain is deeply integrated with the Internet, big data, artificial intelligence and other new-generation information technologies, and has been widely used in various fields. It has cultivated and formed a number of internationally leading enterprises and industrial clusters, and the industrial ecosystem tends to be perfected. The blockchain has become an important support for building a manufacturing power and a network power, developing the digital economy, and realizing the modernization of the national governance system and governance capabilities.
