China unveils the Web 3.0 Innovation and Development White Paper (2023).
Beijing aims to shape itself as a global innovation hub for the digital economy, with Zhongguancun as the focal point.
In an audacious move this morning, China’s capital, Beijing, spotlighted its commitment to the evolution of the internet by unveiling an ambitious blueprint known as the “Web 3.0 Innovation and Development White Paper (2023)”.
This seminal document, touted by a local media outlet, The Paper, points to web3 technology as the “unavoidable pathway” for the forthcoming expansion of the internet industry.
The announcement was made at the high-profile Zhongguancun Forum by the Beijing Municipal Science & Technology Commission, also celebrated as the Administrative Commission of Zhongguancun Science Park.
In a creative act, the commission expressed its goal to shape Beijing into a global crucible of innovation for the burgeoning digital economy. To facilitate this, the city’s Chaoyang dis
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