Core Insights - The shipping trade blockchain network, known as "航贸链," is enhancing the efficiency and quality of the Yangtze River Delta's bulk commodity trade system, aiming for an annual trade scale exceeding 10 trillion yuan [1] Group 1: Industry Development - The Yangtze River Delta accounts for over one-third of China's import and export trade, with bulk commodities like crude oil and iron ore being critical for national strategic resource reserves [1] - Traditional trade models face challenges such as information opacity and data silos, which hinder industry growth [1] Group 2: Technological Advancements - The blockchain technology enables traceable data and multi-party collaboration, shifting the focus from enterprise credit to "physical credit" based on the status and ownership of goods [1] - The integration of electronic bills of lading, electronic delivery orders, and electronic warehouse receipts on the blockchain allows for real-time value calculation, transforming static goods in warehouses into efficiently flowing capital [1] Group 3: Digital Regulation - The launch of the electronic warehouse receipt and digital regulatory system will create credible certificates through the on-chain circulation of electronic warehouse receipts, ensuring consistency between physical goods and electronic records [2] - This system will first be implemented in Zhoushan, China's largest oil and gas storage and transportation base, covering over 30 million cubic meters of oil storage [2]
航贸链助推大宗商品贸易加速迈向十万亿级
Zhong Guo Jing Ji Wang·2025-12-25 08:10