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The Chinese government has issued new guidelines outlining the ambitions for the country to become a global leader in the blockchain technology and to establish an advanced blockchain industrial system within the next several years.
China plans to establish industrial standards, tax incentives and intellectual property protections to support the blockchain industry, for which it wants to become a world leader by 2025, according to the guidelines released by the Ministry of Industry and Information Technology (MIIT) and Cyberspace Administration of China (CAC).
In the next five years, China shall support the establishment of three . . .
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