PANews reported on November 10 that Xuhui District, Shanghai, launched the second batch of projects to support the development of the blockchain industry in Xuhui District in 2024. The projects that can be applied for include: blockchain standard formulation projects, chain leader enterprise introduction projects, and "blockchain +" application demonstration projects. For enterprises that promote international exchanges and cooperation on standards and lead or participate in the formulation of international, national, and industry standards in the blockchain segment, a one-time subsidy of no more than 1 million yuan will be given to the relevant standard research and development expenses after being recognized.