Express

China’s Parliament The National People’s Congress Suggests Blockchain Development Fund

Ramsey Baker

Summary: The National People’s Congress (NPC), China’s parliament and Chinese People’s Political Consultative Conference, has proposed a government backed blockchain development fund to create an improved governance system. According to a report from Beijing News’ on May 23, Jieqing Tan, the deputy to the NPC, proposed the fund, which would be led by the government, as ...

The National People’s Congress (NPC), China’s parliament and Chinese People’s Political Consultative Conference, has proposed a government backed blockchain development fund to create an improved governance system.

According to a report from Beijing News’ on May 23, Jieqing Tan, the deputy to the NPC, proposed the fund, which would be led by the government, as a way to support the development and growth of potential blockchain enterprises, inspire blockchain technology innovation and foster unicorn enterprises in the blockchain space.

By Ramsey Baker

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