The first cross-border data service center was established in Jing'an District, Shanghai, further lowering the compliance threshold for Web3 enterprises.

On November 29, the central urban area of Shanghai welcomed its first cross-border data service center - the Jing'an District Cross-Border Data Service Center was officially inaugurated.

Fan Xiaowei, director of the Municipal Internet Information Office, stated on-site that the establishment of this center is another substantive breakthrough in Shanghai's reform in the field of cross-border data flow. As an important extension of the “central-city-district” three-tier internet information system, it fills the gap in “proximity service” for cross-border data in the central urban area, providing a systematic institutional framework for the compliant development of cross-border data for enterprises within the region.

The Municipal Internet Information Office also expressed expectations, hoping that Jing'an District can continuously enhance its internet information service capabilities and explore a replicable path for the construction of the internet information system at the district level in super-large cities.

For blockchain and Web3 enterprises, this means that the threshold for data compliance is lowering, and the policy environment for cross-border business is becoming more friendly.