Guangxi to boost blockchain industry in 2020-2025


Updated: 2020-08-19

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Guangxi recently issued Development Plan of Blockchain Industry and Application Data of Guangxi Zhuang Autonomous Region (2020-2025), showcasing the spatial layout of the blockchain industry and the application development of the region.

According to the development plan, Guangxi will focus on empowering the real economy, providing information, enhancing digital government, improving the quality of its smart cities, and supporting the China-ASEAN Information Harbor by taking the deep integration of blockchain technology and economic and social applications as its main line of development.

The region will build blockchain industry development zones in Nanning and Guilin, giving priority to breakthroughs in the nine major application fields of supply chain finance, traceability of agricultural products, quality traceability of traditional medicine, health and medical care, social security services, government data sharing, energy transactions, cross-border finance, and intellectual property transactions.

Nanning, capital of Guangxi, is required to give full play to its economic advantages and resource convergence capabilities to promote the all-round development of blockchain technology and industrial innovation. The city will increase policy and financial guidance to attract leading domestic and foreign scientific research institutions, enterprises, industry research institutions and investment institutions, and establish industrial development alliances and associations, forming an industrial supporting system integrating policies, investment and financing, industry, applications, talent attraction, and services.

From 2020 to 2025, 36 key projects will be implemented including a blockchain + digital financial public service platform, a blockchain internet of things platform, a blockchain-based quality traceability system for Guangxi specialties, and the Guangxi Blockchain Electronic Bill Platform.

It is expected that by 2025, 100 typical blockchain application demonstrations will be formed that are replicable and popularized, and more than 10 leading blockchain companies will be introduced and cultivated. Five to 10 blockchain industry bases will be created, 15 blockchain technology innovation platforms and public service platforms will be built, and more than 1,000 middle and senior talents will be cultivated or introduced.