China’s Ministry of Commerce, along with 23 other central departments, on Tuesday jointly issued “The 14th Five-Year Plan for Service & Trade Industries .” It outlines how China will integrate blockchain into the process of global trading, including applying blockchain on bills of lading, building a blockchain-based global shipping information network, and using blockchain to record and transfer container import information at the port. Fast facts - The ministry also proposes to actively participate in setting international blockchain standards and rules in the fields of finance and global trade. - This is the first time that the Ministry of Commerce...