Shanghai: Accelerate the construction of urban blockchain infrastructure and Web3.0 ecosystem

The Shanghai Municipal Government Office has issued a notice on "Several Policy Measures to Promote the Healthy Development of Online New Economy in Shanghai". The policy measures to promote the healthy development of online new economy include promoting the construction of a new generation of computing power infrastructure, accelerating the construction of urban blockchain infrastructure, enhancing the innovation capability of artificial intelligence large models, and exploring the construction of a standardized and leading Web3.0 ecology. Specifically, the Shanghai Municipal Government will promote the construction of the Pujiang Blockchain Digital Infrastructure System, build dedicated computing power clusters and distributed open networks, and create a public basic service platform that supports convenient on-chain, use-chain, and cross-chain. It will create a number of blockchain benchmark demonstration scenarios for the fields of government and public services, data circulation, cross-border trade, shipping logistics, supply chain finance, and industrial internet. It encourages high-quality enterprises, research institutes, and other entities to jointly carry out technology research and development and ecological co-construction, and build a blockchain full chain technology independent innovation system. Actively explore cooperation with overseas to create cross-chain open application pilots. At the same time, the Shanghai Municipal Government supports online new economic enterprises to carry out research and development on technologies such as Web3.0 smart contracts, network operating systems, and digital identity authentication. It opens up data asset ownership, supply chain management, business entity credit, commodity traceability, cross-border trade circulation and other scenarios, and encourages online new economic enterprises to create distributed applications.