At the Guangxi Autonomous Region’s “Lianghui” or “Two Sessions”—the region’s most important annual political sessions comprised by the National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC)—one topic received a brighter spotlight this year: blockchain, the Guangxi Daily reports.

“Blockchain is recognized globally as the most influential technology to the development path of Web applications, and is recognized as the ‘fifth disruptive computing paradigm’ innovation,” said Liu Jian Hong, Deputy Secretary of Science and Technology Department of Guangxi Autonomous Region and a member of the National Committee of CPPCC. Liu pointed out that regions across China are speeding up the development of blockchain technology and laying out plans for the next generation IT industry, up to this point there hasn’t been a clear winner as to who has the competitive edge in developing the technology, and so Guangxi should not miss out on the opportunity.

Liu also added that if blockchain strategy is fully implemented, it would not only bring new industry, funds, and talents into Guangxi, it would become a new driving force to transform current industries.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Nicole Jao

Nicole Jao is a reporter based in Beijing. She’s passionate about emerging trends, news, and stories of human interest within the world of technology. Connect with her on Twitter or via email: nicole.jao.iting@gmail.com.