China's Ministry of Science and Technology plans to release a strategy document for Web3 technology.

The document will address issues such as inheritance, innovation, security, and government obligations.

Despite the crypto ban, the ministry acknowledges the significance of Web3's development.

The strategy will focus on government affairs, industry, new business models like NFTs and dApps, and building a digital ecosystem.

The government intends to support research and development of Web3 technology.

This plan signifies a positive shift towards Web3 innovation, differing from previous government decisions affecting the crypto market.