Industry breakdown of investment into blockchain companies in China 2021
As of 2021, the enterprises in the business service industry accounted for the largest share of blockchain investments with about 30 percent in China. Investments into the blockchain industry reached their top in 2018 when 404 investments raised over 115 billion yuan. Blockchain technology offers various applications outside the realm of cryptocurrencies. However, large-scale, profitable use cases have not yet been developed.