China Accelerates Web3 Industry: Ministry of Science and Technology Responds to National CPPCC Proposal in Line with China’s National Conditions

Increase technology promotion and publicity: Utilize existing popular science platform resources to enhance the public’s understanding and awareness of Web3.0 technology. Promote pilot projects for applications such as Decentralized Identifiers (DID), explore digital identity authentication and asset management systems of Web3.0, and establish data governance and transaction mechanisms to form demonstrable projects that can be widely promoted. At the same time, promote academic progress and the application of technological achievements in Web3.0, and establish a communication platform for technology and industry applications.