The October issue of the economic reference daily issued a commentary entitled "accelerating the technology innovation of block chain and empowering the real economy" in 30. The article said that the eighteenth collective learning of the Political Bureau of the CPC Central Committee recently pointed out the direction for the development of the block chain industry and established confidence. This will also promote the formation of a social consensus on "block chain +" and accelerate the transformation and upgrading of traditional enterprises. At the same time, it will better guide industrial capital and talent gathering, accelerate industry innovation, and also help standardize the order of industry development and enhance the level of industry supervision. It can be expected that the development of China's block chain industry has entered a new historical stage, and the block chain entity economy will usher in the golden period.

Globally, since the beginning of this year, large financial institutions, Internet Co and entities in the world have increased investment in technology and application of block chains, and the huge application value of block chains has begun to appear.

China is an important leader in this reform. China Mobile's payment system is far ahead of the world in terms of popularity and advancement, and greatly reduces transaction costs and management costs of the whole society. In the emerging field of block chain, Chinese academia and industry have strong technological advantages. The 1 edition of the "block chain patent situation white paper" released in January 2019 by China Communications and Communications Institute shows that the current block chain patents are mainly distributed in the United States, China, the United Kingdom and South Korea. China's Alibaba, China Unicom, Tencent and other seven companies are among the top 20 of the 2018 global chain patent applicants. Of the top 50 most influential block chain top scholars in the world in 2018, 30% came from the United States, 28% from China and 42% from other countries. Nevertheless, China still faces problems such as insufficient investment in scientific research and insufficient linkage between industry, University and research, and has not yet formed a strong technical barrier. Achieving core technological breakthroughs, occupying the commanding heights of innovation and gaining new industrial advantages have become the top priority in the development of China's block chain industry.

The development of block chain should actively promote its integration with economic and social development. The development of block chain industry must promote the transformation, upgrading, quality and efficiency of the industry through the combination of industry and depth, and help the real industry create new value increments. The application of block chain industry in China is also at the leading level in the world. For example, the electronic invoice of the block chain is 1st anniversary, and the electronic invoice is 6 million. The total amount of the invoice is up to 3 billion 900 million yuan, covering more than 113 detailed industries, which greatly reduces the cost of invoicing and the express delivery cost, and the management cost and tax risk of the reimbursement enterprise.

Next, we should actively explore the implementation of "block chain +" in the fields of finance, government affairs and people's livelihood, so as to give full play to the role of block chains in promoting data sharing, optimizing business processes, reducing operating costs, enhancing synergy efficiency, and building a credible system.

According to Xinhua News Agency