China saw a surge of nearly 75,000 new blockchain startups in 2025, bringing the total number of registered ventures to approximately 290,000, according to Hexun Finance. This marks the highest growth rate since 2021, when blockchain development was integrated into China's economic strategy under its 14th five-year plan. The plan has spurred the creation of special blockchain zones across the country, particularly in South China, which accounted for 32.5% of the new registrations. The rapid expansion is part of a broader push by Chinese authorities to leverage blockchain technology in various sectors, including finance and public services. The industry is projected to nearly double in size by 2027, potentially reaching a value of $1.4 billion. Chinese companies are increasingly applying blockchain in areas such as food safety, supply chain financing, and legal services, with significant developments also occurring in traditional finance and digital currencies.