A big number of Chinese corporations – about 73% – considered blockchain as one of their top 5 investing priorities, in terms of strategy, as reported by one of the auditing Big 4 – Deloitte – on June 27.

In the report – dubbed “Deloitte’s 2019 Global Blockchain Survey”, 1,386 big companies across 11 nations, 200 of which are representatives from China expressed the companies’ perspective towards investing in blockchain technology.

The research was executed within the span of nearly a month (Feb. 8 to Mar. 4, 2019), as noted in the report.

According to the survey, executives from Chinese enterprises have expressed positive attitudes towards the fact of blockchain, claiming a spot in the top-five most important tech-related priorities in the nation. Using the same measure for the US region, a 56% result has been returned.

Simultaneously, on an international range, 53% of interviewees – which is 10% more than 2018 – shared that distributed ledger technology (DLT) would be in the top-5 strategic priority.

“More projects [in China] are driven by top management who use blockchain as a strategic weapon rather than a productivity tool.” Deloitte’s Asia-Pacific blockchain lab director and Deloitte Advisory consulting partner Paul Sin claimed.

Despite the strict laws against cryptocurrencies, nominally the bans on ICOs) and bitcoin (BTC)-to-fiat exchanges in late 2017, China has been a major disruptive force in the foundation technology of crypto. 

In early April, China government claimed it has the most number of blockchain projects in the world, The Crypto Sight reported.