In 2019，the Political Bureau of the CPC Central Committee conducted the eighteenth collective study on the status and trends of the development ofblockchain technology. The Chinese blockchain industry has ushered in new opportunities. The application projects are entering a multi-stage period，and the banking and financial industry application scenariosMore refined and deepened，the government has successively introduced blockchain to enable government services，the People’s Bank of China continues to promote digital currency，the blockchain and the real economy are more closely integrated，and landed in finance，supply chain，people’s livelihood，smart transportation and other fieldsThe initial results have been achieved，the industrial environment has been gradually improved，and the development of China’s blockchain industry has become practical and pragmatic.