TechFlow news, on July 11, according to Cailian Press, the Party Committee of the State-owned Assets Supervision and Administration Commission (SASAC) of Shanghai Municipality held a central group study session on July 10 to learn about the development trends of cryptocurrency and stablecoins and related response strategies.
He Qing, Party Secretary and Director of the Municipal SASAC, pointed out that it is necessary to fully implement the spirit of the seventh plenary session of the 12th Municipal Party Committee, adhere to innovation-driven development, maintain keen awareness of emerging technologies, and strengthen research and exploration into digital currencies. We must uphold the integration of industries and digitalization, and explore the application of blockchain technology in cross-border trade, supply chain finance, and asset digitization.
We must remain proactive and strive to enhance strategic agility and initiative, further promoting deeper integration among science and technology, finance, and industry. We should better leverage state-owned assets and enterprises in playing important roles in technological innovation, industrial control, and security support, making new and greater contributions to Shanghai's construction of the "five centers."
