China's State Council approves pilot plan for market-oriented allocation of factors in many places to promote the application of blockchain technology

According to ChainCatcher, the State Council of China approved the pilot plan for comprehensive reform of market-oriented allocation of factors in some regions across the country. Key cities in southern Jiangsu plan to promote green finance reform and explore blockchain green asset trading. The Hangzhou-Ningbo-Wenzhou plan encourages the use of privacy computing, blockchain and other technologies to promote the integration of public data and social data. The Hefei metropolitan area plan uses blockchain, privacy computing and other technologies to improve data circulation efficiency. Zhengzhou City’s plan emphasizes the use of blockchain and other technologies to strengthen the security protection of computing power and data resources. Changsha-Zhuzhou-Tanzhou plan relies on existing trading venues to carry out data transactions, strengthen blockchain technology innovation, and explore the construction of standard systems.