Wu Jiezhuang will propose a proposal at the two sessions: It is recommended to improve the circulation mechanism of digital assets and apply blockchain to build an information encryption system

According to Wen Wei Po, Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference, will submit several proposals at the upcoming National Two Sessions in March. The proposals include improving the circulation mechanism of digital assets to promote the deep integration of the real economy and the digital economy. The proposal also proposes the use of blockchain technology to build an information encryption system to combat cross-border telecommunications fraud, and proposes specific measures such as establishing a multi-party coordination mechanism and improving cross-border judicial cooperation.