China’s SASAC Plans About 2 Trillion Yuan of Annual Investment in ‘Six Networks’ Buildout

The scale here is notable less for the headline number than for who is deploying it: central SOEs, directed by SASAC, which means the spending is a policy instrument rather than a market signal. For crypto and RWA readers, the relevance is indirect — this is state-led infrastructure capital, not tokenized or market-financed activity, so it does not by itself validate any RWA thesis. The open question is whether the 'Six Networks' framing translates into procurement or financing structures that touch digital-asset rails at all; absent that, it stays a conventional macro story.