I've posted my reaction below to the exact same post, this is the second time I'm seeing this article about China and their plans. Here's my reaction I made 8 hours ago:
"I think Chinese people will go all in on NEO (former Antshares). It's being marketed as the new Ethereum.
Speaking of Ethereum... in my opinion Ethereum isn't going to last: https://steemit.com/cryptocurrency/@valderrama/stratis-will-beat-ethereum-in-2018
But China is somewhat of another dimension, they play by their own rules. So for China, NEO it is."
Thanks for sharing about NEO, I will have to do more research on it. And as per my current finding about Ethereum I don't agree about ETH not going to last. Currently Ethereum has potential to even over take Bitcoin. And it does have good technology backing making its future brighter.