Techub News reports that, according to CCTV News, Dong Jin, a National People's Congress delegate and director of Beijing Microchip Blockchain and Edge Computing Research Institute, stated that China's independently developed underlying blockchain technology has been applied to 16 central ministries and commissions and 27 state-owned enterprises. Significant progress has been made in areas such as taxation, cross-border trade, and global payments. Currently, hundreds of millions of invoices are processed annually on independent blockchains, with over 300,000 enterprises involved in cross-borde
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