BlockBeats News, on November 10, according to the Shanghai Xuhui public account, the Xuhui District of Shanghai officially announced the launch of the second batch of applications for the support of blockchain industry development projects in 2024. This includes projects for blockchain standard formulation, introduction of leading blockchain enterprises, and 'blockchain +' application demonstration projects. A one-time subsidy for related standard research and development expenses, not exceeding 1 million yuan, will be granted to enterprises that promote international exchange and cooperation on standards, and lead or participate in the formulation of international, national, and industry standards in specific areas of blockchain, after verification. Recognized leading blockchain enterprises or industry benchmark enterprises and institutions may receive a one-time subsidy support of up to 5 million yuan.