High‐resolution shallow oceanic crust velocity models provide crucial information on the tectonothermal history of the oceanic crust. The ocean bottom seismometers record wide‐angle seismic reflection and refraction data to image deeper structures compared with streamer data set. However, most ocean bottom seismometers experiments produce low‐resolution velocity models with limited shallow crustal structure due to sparse ocean bottom seismometers spacing. Multichannel seismic data recorded by towed streamers provide complementary seismic images of the oceanic crust but yield little information on subseafloor velocity because most subseafloor refractions are masked by seafloor reflections. Therefore, it is difficult to obtain fine‐scale velocity structure of shallow upper oceanic crust with both ocean bottom seismometers and multichannel seismic data. Downward continuation technique redatumed the shots and receivers to the seafloor to collapse the seafloor reflections to the zero offset and extract refractions as first arrivals from nearly zero offset, enabling dense ray coverage at the shallow crust. We applied the downward continuation and traveltime tomography methods to two synthetic models, Marmousi and SEAM Phase I Salt models, to demonstrate the performance of the strategy in the situations of flat seafloor and rough seafloor topography. We conducted the first‐arrival traveltime tomography on downward continued towed‐streamer multichannel seismic data across a slow‐spreading ridge of the South China Sea, providing unprecedented details of shallow velocity structure in the sediments. The low velocity sediments revealed by traveltime tomography match well with the prestack depth migration profile.