What will be the influence of China's economy after blockchain tech adoption?

[PRDAEcontact]

"Blockchain technology should be adopted as part of a plan to boost development of China's secondary loan market, according to a paper by the China Banking Regulatory Commission (CBRC)."

What will this influence the economy of China？

[DamCryp]

It will open the doors for funding of new companies, It'll allow ICOs to go on through NEO and other apporeved platforms but for now NEO. I believe it will let a lot of those entrepeneurs to shine without the need of state bank owned loans which in many cases are determined by political influence.