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China Intends to Establish Blockchain Powered Hainan as Competitor to Hong Kong

China Intends to Establish Blockchain Powered Hainan as Competitor to Hong Kong

China has unveiled a master plan for transforming southern island province Hainan into a free trade zone. A trade port platform will concentrate on paving way for free trade, cross-border capital flows, and investment in the whole island. The master plan promotes government organization to utilize blockchain and other technologies to overhaul government operations.







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