China Securities Regulatory Commission: "Blockchain + equity market" and other application pilot work is being carried out in an orderly manner

The China Securities Regulatory Commission issued a letter on the reply to the proposal No. 03009 (No. 199) of the Fifth Session of the 13th National Committee of the Chinese People's Political Consultative Conference, stating that according to the "Notice on Printing and Distributing the List of National Blockchain Innovation Application Pilots" issued by the Central Cyberspace Administration of China, The People's Bank of China and the China Securities Regulatory Commission actively cooperated with the Central Cyberspace Administration of China to carry out the pilot work of national blockchain innovative applications, and respectively took the lead in establishing the national "blockchain + equity market" and "blockchain + trade finance" special field pilot projects. The current application pilot work is proceeding in an orderly manner. In the next step, the People's Bank of China and the China Securities Regulatory Commission will strengthen organizational leadership, focus on coordinated advancement, further strengthen capacity building, and effectively promote the innovative application of blockchain technology in the financial field.