Deep Tide TechFlow News, March 05, according to CCTV News report, National People's Congress delegate and Beijing Microchip Blockchain and Edge Computing Research Institute Director Dong Jin stated that China's independently innovated underlying blockchain technology has been applied to 16 central ministries and commissions and 27 central enterprises, achieving positive progress in areas such as taxation, cross-border trade, and global payments. China issues hundreds of billions of invoices annually on self-developed blockchains, with over 300,000 enterprises involved in cross-border trade on-chain, and trade volumes reaching trillions of yuan.

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