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[Industry Focus]:Shanghai Data Exchange was inaugurated and launched in five major national launches to create an "international digital capital"

In order to implement the national big data strategy, accelerate the cultivation of the data factor market, promote data circulation transactions, and help the city's digital transformation, on November 25, the Shanghai Data Exchange's inauguration ceremony was held in Shanghai and some of the first transactions were reached.

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The Shanghai Data Exchange is established by the Municipal Economic and Information Technology Commission and Pudong New Area. As a quasi-public institution for data circulation and trading, the Shanghai Stock Exchange adopts a corporate structure, dominated by state-owned assets, with Shanghai Lianhe, Shanghai Xintou, Shanghai Data Trading Center, etc. as the initiating units, and simultaneously introduces state-owned, municipal and district-level state-owned state-owned enterprises as strategic investors.

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the establishment of the Shanghai Data Exchange is a vivid practice of implementing the central document ''Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting the High-level Reform and Opening up of the Pudong New Area to Build a Leading Area for Socialist Modernization, ''and is to promote the circulation of data elements and release digital dividends, An important measure to promote the development of the digital economy is the proper meaning of to comprehensively promote the digital transformation of Shanghai and build an" international digital capital, it is also expected to become the "Shanghai model" leading the development of the national data factor market ".

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The country's top five first to crack the "five difficulties" in data trading

The Shanghai Data Exchange was established to focus on key common problems such as difficulty in confirming power, pricing, mutual trust, entry, and supervision, and form a series of innovative arrangements.

First, the national initial digital business system, a new "digital business" new format, covering data transaction subjects, data compliance consulting, quality assessment, asset assessment, delivery and other fields, cultivate and standardize new subjects, and build a more prosperous circulation transaction ecology.

The second is the national initial data transaction supporting system, which is the first to provide a series of system specifications for the entire data transaction process, covering various methods, norms, guidelines and standards from data exchanges, data transaction entities to the data transaction ecosystem, and establishes the basic principle of "non-compliance, no listing, no scene, no transaction", so that data circulation transactions have rules to follow and rules to follow.

The third is the national launch of a fully digital data trading system, and a new generation of intelligent data trading system is launched to ensure full-time listing, global trading, and full traceability of data trading. Fourth, the national initial data product registration certificate, for the first time through the data product registration certificate and data transaction certificate issued, to achieve a number of code, can be registered, statistics, census. Fifth, the national initial data product specification, in the form of data product specification to make data readable, abstract data into concrete products.

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The first batch of data products listed and the first order of data transactions reached

On the day of the Shanghai Data Exchange's establishment, about 100 data products were accepted and listed, involving finance, transportation, communications and other eight categories, and some of the first transactions were reached, including the "Enterprise Electric Smart Painting" data products and civil chart service products. Among them, "Enterprise Electric Smart Painting" data products will give full play to the advantages of wide coverage, strong real-time and high accuracy of power big data, and help commercial banks rely on energy data to innovate enterprise-oriented financial products and services.

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Source: Factor Trading House

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