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Main article: China
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Economy
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- Shanghai WTO Consulting Center (World Trade Organization Shanghai Research Center)
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2020: Shanghai - in the top 10 cities in the world in the number of car sharing cars
Information Technology
2023: Approving Blockchain Development Strategy in the Public Sector
On July 31, 2023, the Shanghai authorities announced a comprehensive program for the development of the digital economy. As part of this initiative, China's largest city and financial center intends to transfer its infrastructure to blockchain.
The published document says that the project is focused on the digital transformation of the city. It is expected that the introduction of blockchain technologies will be carried out at different levels. We are talking, in particular, about the management of municipal resources, public services and industry systems.
In accordance with the plan, Shanghai intends to form a developed blockchain infrastructure by the end of 2025 and establish close ties with Hong Kong and Singapore. Among the key areas of interaction are digital assets, transport, industrial Internet of Things, supply chains and management of emissions of harmful gases into the atmosphere. Nothing has been reported about the proposed investment in the project.
The initiative provides for the comprehensive application of blockchain in the field of digital government. This is expected to help accelerate the sharing of government data and improve the efficiency of public services. It is planned to use blockchain solutions to expand the capabilities of risk control and end-to-end supervision in the banking sector, provide reliable financial services in the supply chain, improve the efficiency of lending and financing small and medium-sized enterprises.
In general, as noted, Shanghai seeks to become a world leader in the transition to a digital economy. The new project is part of a broader program introduced in June 2023: it aims to accelerate the development of the industrial sector using Web3 technologies. In addition, Shanghai has set itself the goal of turning the metaverse in the field of culture and tourism into an industry that brings in annual income of $6.9 billion by the end of 2025.[1]
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Main article: History of China
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Notes
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