China NDRC Advances ‘Six Networks’ Major Projects

This coordination meeting signals a push to streamline administrative and financial bottlenecks for infrastructure build-out, which could indirectly shape digital and energy asset demand. The cross-agency presence — spanning central bank, data, and energy regulators — suggests capital and data flows are being treated as core inputs, not afterthoughts. For RWA markets, the watchpoint is whether these projects accelerate the tokenization of physical or data-backed assets via state-linked pipelines. Whether approval efficiency translates into tangible project pipelines is the open question.