according to the public account of Xuhui District in Shanghai, Xuhui District officially launched the application for the second batch of Xuhui District's support for blockchain industry development projects in 2024, including: blockchain standard development projects, introduction of leading blockchain companies, and "blockchain +" application demonstration projects. Enterprises that lead or participate in the development of international, national, and industry standards in the subdivided areas of blockchain to promote international exchanges and cooperation will be given a one-time subsidy for relevant standard research and development expenses after being recognized, with a maximum of not more than 1 million yuan; recognized blockchain leading companies or industry benchmark companies and institutions can be given a one-time subsidy of up to 5 million yuan for support.

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