New edition of industrial structure adjustment guidance catalogue: blockchain information services within the scope of national permission are included in the encouraged category

According to the news report, the National Development and Reform Commission announced on November 6th the "Industrial Structure Adjustment Guidance Catalogue (2019)", which will take effect on January 1, 2020. The Catalogue is an important basis for guiding investment direction, government management of investment projects, and formulating policies for fiscal, taxation, credit, land, import and export, and is composed of three categories: encouragement, restriction, and elimination. The reporter noted that “big data, cloud computing, information technology services and blockchain information services within the scope of the state” were included in the encouragement category.