According to the official account of Shanghai Xuhui, Shanghai Xuhui District announced the official launch of the second batch of Xuhui District's support for blockchain industry development projects in 2024, including: blockchain standard formulation projects, chain owner enterprise introduction projects, and "blockchain +" application demonstration projects. For enterprises that promote international exchanges and cooperation in standards, lead or participate in the formulation of international, national, and industry standards in the field of blockchain subdivision, a one-time subsidy for relevant standard research and development expenses will be given after identification, up to a maximum of 1 million yuan; Identified blockchain main enterprises or industry benchmarking enterprises and institutions can be given a one-time subsidy support of up to 5 million yuan.