China’s southeastern coastal province Fujian has announced a regional policy that encourages local tech companies and startups to adopt blockchain technology, along with a series of cutting-edge technologies like computer vision, AI, virtual reality, and edge computing.

The Chinese government still holds a conservative view towards cryptocurrencies as the ban on cryptocurrency exchanges and ICOs are still in effect. But the country is becoming increasingly committed to blockchain, the technology behind them.

Given the circumstance, the regional governments of some tech hubs are taking the lead in embracing the new technology. Different from Fujian Province, which offered policy supports, lots of cities have taken more substantial step by providing funding supports to blockchain startups.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.