China, government and private companies invest in blockchain

Angela Barnes on the CNBC website explains the Chinese government‘s attitude about fintech. It is supporting blockchain and is less favourable towards cryptocurrency.
The China Internet Report is mentioned in the article: it highlights that 41 percent of new companies that received funding in the first quarter of 2017 were blockchain-related.
In addition, the three giants Baidu, Alibaba and Tencent are investing in blockchain.