TechFlow news, according to Jinshi Data, the Ministry of Industry and Information Technology (MIIT) stated in its response to Proposal No. 02969 at the first session of the 14th National Committee of the Chinese People's Political Consultative Conference that it will enhance coordination with relevant departments to promote technological innovation and high-quality industrial development of Web3.0, and improve top-level design.
Strengthen research on Web3.0, formulate a Web3.0 development strategy document suited to China's national conditions, clarify the development path, key technologies, and application models of Web3.0, and properly manage the relationships between inheritance and innovation, development and security, government and market, supply and demand.
Focus on key areas such as government affairs and industry, encourage new business models including NFTs and decentralized applications (DApps), and accelerate innovative applications of Web3.0 and the construction of digital ecosystems.
