Shanghai's Xuhui District is accepting applications for blockchain development initiatives in the second quarter of 2024. The program aims to boost the creation of blockchain standards and support business advancements in the "Blockchain+" field. Companies involved in these projects can receive financial backing of up to 1 million Chinese yuan and one-time incentives of up to 5 million Chinese yuan. The district intends to establish itself as a leading technology and innovation hub. The application window is open from November 8 to 12, 2024. This initiative positions Shanghai as a key player in the global blockchain landscape.



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