National Energy Administration: Relying on new technologies such as the Internet and blockchain to promote regulatory innovation

On March 31, the National Energy Administration issued guidance on strengthening follow-up supervision on the cancellation and decentralization of administrative examination and approval matters (2020 version) (draft for comments). Opinions point out that the role of modern scientific and technological means in post-event and post-event supervision will be fully leveraged, relying on new technologies such as the Internet, big data, the Internet of Things, cloud computing, artificial intelligence, and blockchain to promote regulatory innovation and strive to maximize regulatory effectiveness Minimize interference with market players.