Shanghai’s Cyberspace Administration Office and Data Bureau have issued a policy document titled "Several Measures of Shanghai to Promote High-Level Opening-Up and Facilitate Cross-Border Data Flows." The measures back the construction of international data centers and aim to support the computing power services industry and related cross-border digital services. The document also calls for advancing the national blockchain network’s Shanghai hub and strengthening core capabilities in distributed digital identity, privacy computing, and cross-chain services. The update was reported by ChainCatcher and falls under technology developments.
According to ChainCatcher, Shanghai’s Cyberspace Administration Office and Data Bureau have released a document titled "Several Measures of Shanghai to Promote High-Level Opening-Up and Facilitate Cross-Border Data Flows."
The measures support the construction of international data centers to back the computing power services industry and related cross-border digital services. They also call for advancing the national blockchain network’s Shanghai hub and strengthening foundational capabilities including distributed digital identity, privacy computing, and cross-chain services.
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