The development of the project was part of a host of measures announced by President Xi Jinping at a grand gathering in Haikou to mark the 30th anniversary of the establishment of the province and the Hainan Special Economic Zone.
Blockchain is being used to boost trade through the China-Europe train routes, which have contributed significantly to lowering logistics costs and served as a lifeline stabilizing global trade amid the pandemic.
The Director of the Chinese Center of Disease Control refuted claims that the director "admitted" Chinese COVID-19 vaccines have a low protection rate.
The southernmost province of Hainan plans to launch four satellites around the end of this year, thus beginning construction of the island's first space-based network.