China’s 19-Point Plan for a National Blockchain Network Lifts Conflux 17 %

Conflux (CFX) jumped roughly 17 % after Chinese authorities released a 19-point economic blueprint that calls for a nationwide blockchain network. Binance data shows the token rose from $0.0505 on 10 October to above $0.059 and now trades near $0.0582.

The document, issued by the Communist Party Central Committee and the State Council and reported by Xinhua, lists two concrete targets: a national blockchain infrastructure and an integrated country-wide computing system. It also sets rules for data ownership, trading and cross-border flows.

The policy aims to embed blockchain into manufacturing, smart factories and industrial internet projects. The announcement quickly drew fresh investor attention to China-linked crypto assets, with Conflux leading the move.

Based on information from cryptonews.net