Since the recent Global Blockchain Financial Summit in Hangzhou, China's rapid technological developments on the Ethereum platform has been garnering attention. One blog post in particular, from ConsenSys's Head of Global Business Development Andrew Keys, gave some insight into the rapid rate of Chinese adoption. Highlights of the post, titled "Ethereum Growing Exponentially in China," include:

The creation of an Ethereum Laboratory at Peking University, to work on applications for improving supply chain management and energy markets

The Royal Chinese Mint experimenting with a digital RMB on the Ethereum blockchain

Chinese companies such as Baidu, Ctrip, JD.com and Meituan utilizing Ethereum technology for aggregated payments services

Establishment of the Jiangsu Huaxin BIockchain Research Institute (JBI) in Nanjing, which Keys writes "will be a powerhouse in the Ethereum ecosystem and will become a beachhead for corporations outside of China."

Experimenting with Ethereum technology by Ant Financial, Alibaba's $60 billion financial arm, to improve their global payment platforms

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