Shanghai: Accelerate the establishment of an on-chain credit service system to empower small and micro enterprises financing.

date
21/04/2026
Notice from the Office of the People's Government of Shanghai Municipality on the issuance of the "Implementation Plan for the National Digital Economy Innovation and Development Pilot Zone". It is pointed out that efforts should be made to strengthen the application of blockchain infrastructure in cross-border RMB clearing scenarios. Promote the innovation and upgrade of financial product and service models through data empowerment, realize the full-process on-chain application of electronic letters of credit, and accelerate the construction of an on-chain credit service system to empower small and micro enterprise financing. Promote the exploration achievements of Shanghai in empowering financial risk prevention and control through "blockchain + AI", and incorporate them into national-level financial technology innovation regulatory tools.